Raymond James Financial (RJF) Research & Development (2009 - 2026)
Raymond James Financial (RJF) posted Research & Development of $75.0 million for Q1 2026, down 61.34% on a QoQ basis from $194.0 million in Q4 2025, and down 59.24% year-over-year from $184.0 million in Q1 2025.
Raymond James Financial (RJF) Research & Development (2009 - 2026) Analysis & Trends
Raymond James Financial's Research & Development history runs 18 years deep, the most recent figure standing at $75.0 million for 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 was $75.0 million for Q1 2026 at Raymond James Financial, down from $194.0 million in the prior quarter.
- Across five years, Research & Development topped out at $379.0 million in Q3 2022 and bottomed at -$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 sank 152.51%.
- Raymond James Financial's Research & Development stood at $139.0 million in 2022, then advanced by 7.91% to $150.0 million in 2023, then tumbled by 54.67% to $68.0 million in 2024, then jumped by 185.29% to $194.0 million in 2025, then tumbled by 61.34% to $75.0 million in 2026.
- Business Quant data shows RJF's Research & Development at $75.0 million in Q1 2026, $194.0 million in Q4 2025, and $82.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Brookfield | 1,236.60 Bn | 1,311.20 Bn | 18.56 Bn | - |
| 2 | BlackRock | 161.01 Bn | 148.08 Bn | - | - |
| 3 | Blackstone | 97.77 Bn | 96.72 Bn | - | - |
| 4 | Apollo Global Management | 70.80 Bn | 90.38 Bn | -409.00 Mn | - |
| 5 | State Street | 51.30 Bn | 51.30 Bn | - | 637.00 Mn |
| 6 | Ameriprise Financial | 48.54 Bn | 39.27 Bn | 4.57 Bn | - |
| 7 | Northern Trust | 32.93 Bn | 32.93 Bn | - | - |
| 8 | Raymond James Financial | 32.59 Bn | 17.67 Bn | - | 75.00 Mn |
| 9 | Price T Rowe | 24.70 Bn | 21.13 Bn | - | - |
| 10 | Principal Financial | 23.31 Bn | -27.00 Bn | -463.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 31.00 Mn |