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
DateValue
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