Raymond James Financial (RJF) Research & Development (2009 - 2026)
Raymond James Financial's (RJF) quarterly Research & Development came in at $75.0 million in Q1 2026, down 59.24% YoY from $184.0 million in Q1 2025, and down 61.34% on a QoQ basis from $194.0 million in Q4 2025.
Raymond James Financial (RJF) Research & Development (2009 - 2026) Analysis & Trends
Raymond James Financial (RJF) has 18 years of Research & Development data on file, last reported at $75.0 million in Q1 2026.
- Quarterly Research & Development fell 59.24% year-over-year to $75.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $542.0 million (up 179.38% YoY) and the FY2025 annual result came in at $291.0 million, up 13.23% from the prior year.
- Research & Development fell to $75.0 million in Q1 2026, from $194.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $379.0 million in Q3 2022 to a low of -$224.0 million in Q3 2024.
- A 5-year average of $96.5 million and a median of $127.0 million in 2022 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 952.78% — and 2023, when it slumped 152.51%.
- Tracing RJF's Research & Development over 5 years: stood at $139.0 million in 2022, then rose by 7.91% to $150.0 million in 2023, then sank by 54.67% to $68.0 million in 2024, then surged by 185.29% to $194.0 million in 2025, then sank by 61.34% to $75.0 million in 2026.
- The last three Research & Development figures came in at $75.0 million (Q1 2026), $194.0 million (Q4 2025), and $82.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 176.99 Bn | 163.12 Bn | - | - |
| 2 | Blackstone | 113.16 Bn | 110.65 Bn | - | - |
| 3 | Kkr | 96.05 Bn | -181.02 Bn | - | - |
| 4 | Brookfield | 92.54 Bn | 45.14 Bn | - | - |
| 5 | Brookfield Asset Management | 82.31 Bn | 80.81 Bn | - | - |
| 6 | Apollo Global Management | 77.14 Bn | 51.77 Bn | 10.54 Bn | - |
| 7 | State Street | 50.64 Bn | 50.64 Bn | - | 589.00 Mn |
| 8 | Ameriprise Financial | 50.31 Bn | 39.27 Bn | 4.72 Bn | - |
| 9 | Northern Trust | 33.61 Bn | 33.61 Bn | - | - |
| 10 | Raymond James Financial | 33.40 Bn | 20.15 Bn | - | 203.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 203.00 Mn |
| Mar 31, 2026 | 75.00 Mn |
| Dec 31, 2025 | 194.00 Mn |
| Sep 30, 2025 | 82.00 Mn |
| Jun 30, 2025 | 191.00 Mn |
| Mar 31, 2025 | 184.00 Mn |
| Dec 31, 2024 | 68.00 Mn |
| Sep 30, 2024 | -224.00 Mn |
| Jun 30, 2024 | 166.00 Mn |
| Mar 31, 2024 | 60.00 Mn |
| Dec 31, 2023 | 150.00 Mn |
| Sep 30, 2023 | -199.00 Mn |
| Jun 30, 2023 | 66.00 Mn |
| Mar 31, 2023 | 54.00 Mn |
| Dec 31, 2022 | 139.00 Mn |
| Sep 30, 2022 | 379.00 Mn |
| Jun 30, 2022 | 129.00 Mn |
| Mar 31, 2022 | 127.00 Mn |
| Dec 31, 2021 | 112.00 Mn |
| Sep 30, 2021 | 36.00 Mn |