Raymond James Financial (RJF) Research & Development (2009 - 2026)
Raymond James Financial (RJF) reported Research & Development of $206.0 million for Q1 2026, up 11.96% on a YoY basis from $184.0 million in Q1 2025, and up 6.19% quarter-over-quarter from $194.0 million in Q4 2025.
Raymond James Financial (RJF) Research & Development (2009 - 2026) Analysis & Trends
Raymond James Financial has reported Research & Development for 18 years, with the latest figure at $206.0 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 11.96% year-over-year to $206.0 million; the trailing twelve-month figure through Mar 2026 stood at $676.0 million (down 32.2% YoY), and the FY2025 full-year result was $752.0 million, up 13.6% from the prior year.
- Research & Development for Q1 2026 stood at $206.0 million, up from $194.0 million in the prior quarter.
- The five-year high for Research & Development was $469.0 million in Q3 2024, with the low at -$199.0 million in Q3 2023.
- Historically, Research & Development has averaged $125.4 million across 5 years, with a median of $153.0 million in 2023.
- The largest YoY upside for Research & Development was 504.76% in 2022 against a maximum downside of 151.41% in 2022.
- Raymond James Financial's Research & Development stood at $139.0 million in 2022, then tumbled by 56.12% to $61.0 million in 2023, then surged by 191.8% to $178.0 million in 2024, then rose by 8.99% to $194.0 million in 2025, then gained by 6.19% to $206.0 million in 2026.
- The last three Research & Development figures came in at $206.0 million (Q1 2026), $194.0 million (Q4 2025), and $199.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 163.18 Bn | 153.56 Bn | - | - |
| 2 | Blackstone | 96.85 Bn | 95.80 Bn | - | - |
| 3 | Kkr | 86.45 Bn | 133.96 Bn | - | - |
| 4 | Apollo Global Management | 82.30 Bn | 101.04 Bn | 5.04 Bn | - |
| 5 | State Street | 46.95 Bn | 21.27 Bn | - | 637.00 Mn |
| 6 | Ameriprise Financial | 43.65 Bn | 43.52 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 31.92 Bn | 31.92 Bn | - | - |
| 8 | Raymond James Financial | 30.62 Bn | 19.37 Bn | - | 206.00 Mn |
| 9 | Ares Management | 29.04 Bn | 32.41 Bn | - | - |
| 10 | Principal Financial | 23.79 Bn | 20.28 Bn | -463.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 206.00 Mn |
| Dec 31, 2025 | 194.00 Mn |
| Sep 30, 2025 | 199.00 Mn |
| Jun 30, 2025 | 77.00 Mn |
| Mar 31, 2025 | 184.00 Mn |
| Dec 31, 2024 | 178.00 Mn |
| Sep 30, 2024 | 469.00 Mn |
| Jun 30, 2024 | 166.00 Mn |
| Mar 31, 2024 | 165.00 Mn |
| Dec 31, 2023 | 61.00 Mn |
| Sep 30, 2023 | -199.00 Mn |
| Jun 30, 2023 | 66.00 Mn |
| Mar 31, 2023 | 153.00 Mn |
| Dec 31, 2022 | 139.00 Mn |
| Sep 30, 2022 | -182.00 Mn |
| Jun 30, 2022 | 129.00 Mn |
| Mar 31, 2022 | 127.00 Mn |
| Dec 31, 2021 | 112.00 Mn |
| Sep 30, 2021 | 354.00 Mn |
| Jun 30, 2021 | 109.00 Mn |