R&D expense · 2011–2025

Elbit Systems R&D expense

$600M+10.2% · FY2025

Elbit Systems (ESLT) reported $600M in R&D expense for fiscal 2025, +10.2% year on year.

$289M2011$276M2012$263M2013$268M2014$278M2015$292M2016$301M2017$318M2018$369M2019$428M2020$448M2021$502M2022$503M2023$544M2024$600M2025
Elbit Systems — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$600M+10.2%Open →
FY20242024-12-31$544M+8.3%Open →
FY20232023-12-31$503M+0.2%Open →
FY20222022-12-31$502M+12.0%Open →
FY20212021-12-31$448M+4.6%Open →
FY20202020-12-31$428M+16.2%Open →
FY20192019-12-31$369M+16.0%Open →
FY20182018-12-31$318M+5.4%Open →
FY20172017-12-31$301M+3.3%Open →
FY20162016-12-31$292M+5.0%Open →
FY20152015-12-31$278M+3.8%Open →
FY20142014-12-31$268M+1.7%Open →
FY20132013-12-31$263M−4.8%Open →
FY20122012-12-31$276M−4.2%Open →
FY20112011-12-31$289M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2011–2025 compound annual growth +5.4%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Elbit Systems R&D expense |url=https://companiesranked.com/en/company/elbit-systems/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Elbit Systems R&D expense. CompaniesRanked. https://companiesranked.com/en/company/elbit-systems/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-elbit-systems-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Elbit Systems R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/elbit-systems/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001027664-26-000005 · March 17, 2026

{{cite web |title=Elbit Systems R&D expense — 20-F (0001027664-26-000005) |url=https://www.sec.gov/Archives/edgar/data/1027664/000102766426000005/eslt-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-17}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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