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
DateValue
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