Ryanair Holdings (RYAAY) Research & Development (2009 - 2026)
Ryanair Holdings (RYAAY) posted quarterly Research & Development of $133.2 million for Q2 2026, up 30.16% year-on-year from $102.3 million in Q2 2025, and down 26.87% on a QoQ basis from $182.1 million in Q1 2026.
Ryanair Holdings (RYAAY) Research & Development (2009 - 2026) Analysis & Trends
Ryanair Holdings (RYAAY) has reported Research & Development for 18 consecutive years, with $133.2 million the latest figure, recorded in Q2 2026.
- Quarterly Research & Development rose 30.16% year-over-year to $133.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $659.7 million (up 20.0% YoY) and the FY2026 annual result came in at $628.8 million, up 16.04% from the prior year.
- Research & Development slipped to $133.2 million in Q2 2026 per RYAAY's latest filing, from $182.1 million in the prior quarter.
- Over the last five years, Research & Development for RYAAY reached as high as $213.6 million in Q4 2025 and fell as low as $78.9 million in Q1 2022.
- A 5-year average of $126.7 million and a median of $116.2 million in 2023 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development jumped 100.18% — and 2023, when it declined 9.1%.
- Year by year, Research & Development stood at $105.6 million in 2022, then surged by 40.09% to $147.9 million in 2023, then gained by 25.62% to $185.8 million in 2024, then rose by 14.94% to $213.6 million in 2025, then tumbled by 37.66% to $133.2 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $133.2 million, $182.1 million, and $213.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Latam Airlines | 30,814.61 Bn | 30,811.94 Bn | 1.28 Mn | - |
| 2 | Ryanair Holdings | 60.93 Bn | 57.74 Bn | - | 133.15 Mn |
| 3 | Delta Air Lines | 56.67 Bn | 52.01 Bn | 19.07 Bn | 726.00 Mn |
| 4 | Southwest Airlines | 22.19 Bn | 18.39 Bn | 7.33 Bn | - |
| 5 | Controladora Vuela Compania de Aviacion, S.A.B. de C.V | 8.93 Bn | 8.11 Bn | - | 46.00 Mn |
| 6 | Copa Holdings | 5.69 Bn | 4.35 Bn | 713.71 Mn | 55.60 Mn |
| 7 | Alaska Air | 5.38 Bn | 3.61 Bn | 3.20 Bn | - |
| 8 | Skywest | 4.31 Bn | 3.71 Bn | 1.01 Bn | - |
| 9 | Jetblue Airways | 2.00 Bn | 1.58 Bn | 1.87 Bn | 72.00 Mn |
| 10 | Allegiant Travel | 1.82 Bn | 918.90 Mn | 651.87 Mn | 28.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 133.15 Mn |
| Mar 31, 2026 | 182.07 Mn |
| Dec 31, 2025 | 213.59 Mn |
| Sep 30, 2025 | 130.86 Mn |
| Jun 30, 2025 | 102.30 Mn |
| Mar 31, 2025 | 146.68 Mn |
| Dec 31, 2024 | 185.83 Mn |
| Sep 30, 2024 | 114.93 Mn |
| Jun 30, 2024 | 94.45 Mn |
| Mar 31, 2024 | 116.53 Mn |
| Dec 31, 2023 | 147.93 Mn |
| Sep 30, 2023 | 115.96 Mn |
| Jun 30, 2023 | 91.72 Mn |
| Mar 31, 2023 | 91.72 Mn |
| Dec 31, 2022 | 105.60 Mn |
| Sep 30, 2022 | 127.56 Mn |
| Jun 30, 2022 | 100.37 Mn |
| Mar 31, 2022 | 78.86 Mn |
| Dec 31, 2021 | 78.06 Mn |
| Sep 30, 2021 | 63.73 Mn |