Royal Bank Of Canada (RY) Research & Development (2009 - 2026)
Royal Bank Of Canada (RY) posted quarterly Research & Development of $255.8 million for Q1 2026, up 11.05% year-over-year from $230.3 million in Q1 2025, and down 18.43% on a QoQ basis from $313.6 million in Q4 2025.
Royal Bank Of Canada (RY) Research & Development (2009 - 2026) Analysis & Trends
Royal Bank Of Canada (RY) has reported Research & Development for 18 consecutive years, with $255.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 11.05% year-over-year to $255.8 million; the TTM figure through Jan 2026 stood at $1.1 billion (up 9.59% YoY), while the FY2025 annual figure was $1.1 billion, up 6.27% from the prior year.
- Research & Development came in at $255.8 million for Q1 2026 at Royal Bank Of Canada, down from $313.6 million in the prior quarter.
- The five-year high for Research & Development was $313.6 million in Q4 2025, with the low at $180.1 million in Q1 2022.
- Average Research & Development over 5 years is $241.5 million, with a median of $240.5 million recorded in 2023.
- The largest YoY upside for Research & Development was 23.05% in 2025 against a maximum downside of 2.99% in 2025.
- Year by year, Research & Development stood at $240.2 million in 2022, then advanced by 5.63% to $253.7 million in 2023, then gained by 0.45% to $254.8 million in 2024, then advanced by 23.05% to $313.6 million in 2025, then decreased by 18.43% to $255.8 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $255.8 million, $313.6 million, and $259.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 2.02 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | - |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 2.43 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 556.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 3.02 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 15.42 Mn |
| 10 | Royal Bank Of Canada | - | - | - | 255.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 255.80 Mn |
| Oct 31, 2025 | 313.58 Mn |
| Jul 31, 2025 | 259.82 Mn |
| Apr 30, 2025 | 265.63 Mn |
| Jan 31, 2025 | 230.35 Mn |
| Oct 31, 2024 | 254.84 Mn |
| Jul 31, 2024 | 249.77 Mn |
| Apr 30, 2024 | 264.03 Mn |
| Jan 31, 2024 | 237.45 Mn |
| Oct 31, 2023 | 253.70 Mn |
| Jul 31, 2023 | 240.49 Mn |
| Apr 30, 2023 | 235.02 Mn |
| Jan 31, 2023 | 206.11 Mn |
| Oct 31, 2022 | 240.17 Mn |
| Jul 31, 2022 | 215.38 Mn |
| Apr 30, 2022 | 203.71 Mn |
| Jan 31, 2022 | 180.14 Mn |
| Oct 31, 2021 | 221.93 Mn |
| Jul 31, 2021 | 184.77 Mn |
| Apr 30, 2021 | 168.39 Mn |