Ryanair Holdings (RYAAY) Research & Development (2009 - 2026)
Ryanair Holdings (RYAAY) posted Research & Development of $136.0 million for Q2 2026, up 112.29% on a QoQ basis from -$1.1 billion in Q1 2026, and up 33.64% year-over-year from $101.8 million in Q2 2025.
Analysis
Ryanair Holdings (RYAAY) Research & Development (2009 - 2026) Analysis & Trends
Ryanair Holdings has reported Research & Development for 18 years, with the latest figure at $136.0 million in Q2 2026.
- On a quarterly basis, Research & Development rose 33.64% year-over-year to $136.0 million in Q2 2026; TTM through Jun 2026 was -$617.7 million, a 28.94% decrease from a year earlier, with the FY2026 full-year figure at -$640.4 million, down 25.22% from the prior year.
- Research & Development was $136.0 million for Q2 2026 at Ryanair Holdings, up from -$1.1 billion in the prior quarter.
- The five-year high for Research & Development was $218.5 million in Q4 2025, with the low at -$1.1 billion in Q1 2026.
- Average Research & Development over 5 years is -$131.6 million, with a median of $98.2 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2023: Research & Development soared 71.15% in 2022, then tumbled 44.24% in 2023.
- Over 5 years, Research & Development stood at $94.7 million in 2022, then jumped by 47.73% to $139.9 million in 2023, then rose by 24.76% to $174.5 million in 2024, then grew by 25.21% to $218.5 million in 2025, then sank by 37.76% to $136.0 million in 2026.
- The last three Research & Development figures came in at $136.0 million (Q2 2026), -$1.1 billion (Q1 2026), and $218.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Delta Air Lines | 51.66 Bn | 46.99 Bn | 19.07 Bn | 726.00 Mn |
| 2 | Ryanair Holdings | 28.60 Bn | 24.67 Bn | - | 136.00 Mn |
| 3 | Southwest Airlines | 18.92 Bn | 15.13 Bn | 7.33 Bn | - |
| 4 | Copa Holdings | 5.36 Bn | 4.10 Bn | 1.03 Bn | 57.39 Mn |
| 5 | Alaska Air | 4.49 Bn | 1.83 Bn | 3.76 Bn | - |
| 6 | Skywest | 3.79 Bn | 3.19 Bn | 1.01 Bn | - |
| 7 | Grupo Aeromexico, S.A.B. de C.V | 2.29 Bn | 1.25 Bn | - | - |
| 8 | Allegiant Travel | 1.75 Bn | 699.04 Mn | 902.77 Mn | 35.19 Mn |
| 9 | Jetblue Airways | 1.64 Bn | -375.44 Mn | 2.32 Bn | 88.00 Mn |
| 10 | Frontier Group Holdings | 1.30 Bn | 347.83 Mn | - | 64.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 136.00 Mn |
| Mar 31, 2026 | -1.11 Bn |
| Dec 31, 2025 | 218.49 Mn |
| Sep 30, 2025 | 134.44 Mn |
| Jun 30, 2025 | 101.76 Mn |
| Mar 31, 2025 | -866.23 Mn |
| Dec 31, 2024 | 174.50 Mn |
| Sep 30, 2024 | 110.92 Mn |
| Jun 30, 2024 | 89.38 Mn |
| Mar 31, 2024 | -790.22 Mn |
| Dec 31, 2023 | 139.87 Mn |
| Sep 30, 2023 | 110.93 Mn |
| Jun 30, 2023 | 87.77 Mn |
| Mar 31, 2023 | -715.70 Mn |
| Dec 31, 2022 | 94.68 Mn |
| Sep 30, 2022 | 113.03 Mn |
| Jun 30, 2022 | 94.11 Mn |
| Mar 31, 2022 | -496.19 Mn |
| Dec 31, 2021 | 78.48 Mn |
| Sep 30, 2021 | 66.04 Mn |