Light & Wonder annual r&d spending
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Light & Wonder R&D Spending Growth & History (LAWIL)
Light & Wonder's r&d spending was $252.0M for fiscal 2025.
View full Light & Wonder company overviewLight & Wonder annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $252.0M | −$10.0M | −3.82% |
| 2024 | 2024-12-31 | $262.0M | $34.0M | +14.91% |
| 2023 | 2023-12-31 | $228.0M | $10.0M | +4.59% |
| 2022 | 2022-12-31 | $218.0M | $28.0M | +14.74% |
| 2021 | 2021-12-31 | $190.0M | $42.0M | +28.38% |
| 2020 | 2020-12-31 | $148.0M | −$18.0M | −10.84% |
| 2019 | 2019-12-31 | $166.0M | −$36.0M | −17.82% |
| 2018 | 2018-12-31 | $202.0M | $18.0M | +9.78% |
| 2017 | 2017-12-31 | $184.0M | −$20.8M | −10.16% |
| 2016 | 2016-12-31 | $204.8M | $20.9M | +11.36% |
| 2015 | 2015-12-31 | $183.9M | $66.9M | +57.18% |
| 2014 | 2014-12-31 | $117.0M | $91.0M | +350.00% |
| 2013 | 2013-12-31 | $26.0M | $19.4M | +293.94% |
| 2012 | 2012-12-31 | $6.6M | $500,000 | +8.20% |
| 2011 | 2011-12-31 | $6.1M | — | — |
Light & Wonder quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $61.0M | −$3.0M | −4.69% |
| Q1 2026 | 2026-03-31 | $67.0M | $2.0M | +3.08% |
| Q4 2025 | 2025-12-31 | $61.0M | −$7.0M | −10.29% |
| Q3 2025 | 2025-09-30 | $62.0M | −$4.0M | −6.06% |
| Q2 2025 | 2025-06-30 | $64.0M | −$2.0M | −3.03% |
| Q1 2025 | 2025-03-31 | $65.0M | $3.0M | +4.84% |
| Q4 2024 | 2024-12-31 | $68.0M | $7.0M | +11.48% |
| Q3 2024 | 2024-09-30 | $66.0M | $11.0M | +20.00% |
| Q2 2024 | 2024-06-30 | $66.0M | $8.0M | +13.79% |
| Q1 2024 | 2024-03-31 | $62.0M | $8.0M | +14.81% |
| Q4 2023 | 2023-12-31 | $61.0M | $8.0M | +15.09% |
| Q3 2023 | 2023-09-30 | $55.0M | −$1.0M | −1.79% |
| Q2 2023 | 2023-06-30 | $58.0M | $2.0M | +3.57% |
| Q1 2023 | 2023-03-31 | $54.0M | $1.0M | +1.89% |
| Q4 2022 | 2022-12-31 | $53.0M | $3.0M | +6.00% |
| Q3 2022 | 2022-09-30 | $56.0M | $9.0M | +19.15% |
| Q2 2022 | 2022-06-30 | $56.0M | $8.0M | +16.67% |
| Q1 2022 | 2022-03-31 | $53.0M | $8.0M | +17.78% |
| Q4 2021 | 2021-12-31 | $50.0M | $20.0M | +66.67% |
| Q3 2021 | 2021-09-30 | $47.0M | $11.0M | +30.56% |
| Q2 2021 | 2021-06-30 | $48.0M | $17.0M | +54.84% |
| Q1 2021 | 2021-03-31 | $45.0M | −$6.0M | −11.76% |
| Q4 2020 | 2020-12-31 | $30.0M | $6.0M | +25.00% |
| Q3 2020 | 2020-09-30 | $36.0M | −$11.0M | −23.40% |
| Q2 2020 | 2020-06-30 | $31.0M | −$15.0M | −32.61% |
| Q1 2020 | 2020-03-31 | $51.0M | $2.0M | +4.08% |
| Q4 2019 | 2019-12-31 | $24.0M | −$25.8M | −51.81% |
| Q3 2019 | 2019-09-30 | $47.0M | −$3.0M | −6.00% |
| Q2 2019 | 2019-06-30 | $46.0M | −$3.0M | −6.12% |
| Q1 2019 | 2019-03-31 | $49.0M | −$5.0M | −9.26% |
| Q4 2018 | 2018-12-31 | $49.8M | $4.0M | +8.73% |
| Q3 2018 | 2018-09-30 | $50.0M | $2.2M | +4.60% |
| Q2 2018 | 2018-06-30 | $49.0M | $900,000 | +1.87% |
| Q1 2018 | 2018-03-31 | $54.0M | $11.6M | +27.36% |
| Q4 2017 | 2017-12-31 | $45.8M | −$3.6M | −7.29% |
| Q3 2017 | 2017-09-30 | $47.8M | −$6.1M | −11.32% |
| Q2 2017 | 2017-06-30 | $48.1M | −$3.6M | −6.96% |
| Q1 2017 | 2017-03-31 | $42.4M | −$7.4M | −14.86% |
| Q4 2016 | 2016-12-31 | $49.4M | $6.3M | +14.62% |
| Q3 2016 | 2016-09-30 | $53.9M | $8.0M | +17.43% |
| Q2 2016 | 2016-06-30 | $51.7M | $3.7M | +7.71% |
| Q1 2016 | 2016-03-31 | $49.8M | $2.9M | +6.18% |
| Q4 2015 | 2015-12-31 | $43.1M | $3.1M | +7.75% |
| Q3 2015 | 2015-09-30 | $45.9M | $19.6M | +74.52% |
| Q2 2015 | 2015-06-30 | $48.0M | $23.2M | +93.55% |
| Q1 2015 | 2015-03-31 | $46.9M | $21.0M | +81.08% |
| Q4 2014 | 2014-12-31 | $40.0M | $18.7M | +87.79% |
| Q3 2014 | 2014-09-30 | $26.3M | $24.9M | +1778.57% |
| Q2 2014 | 2014-06-30 | $24.8M | $23.4M | +1671.43% |
| Q1 2014 | 2014-03-31 | $25.9M | $24.0M | +1263.16% |
| Q4 2013 | 2013-12-31 | $21.3M | $19.8M | +1320.00% |
| Q3 2013 | 2013-09-30 | $1.4M | −$200,000 | −12.50% |
| Q2 2013 | 2013-06-30 | $1.4M | −$400,000 | −22.22% |
| Q1 2013 | 2013-03-31 | $1.9M | $200,000 | +11.76% |
| Q4 2012 | 2012-12-31 | $1.5M | — | — |
| Q3 2012 | 2012-09-30 | $1.6M | — | — |
| Q2 2012 | 2012-06-30 | $1.8M | — | — |
| Q1 2012 | 2012-03-31 | $1.7M | — | — |
Light & Wonder r&d spending trends
Over the last five fiscal years, Light & Wonder's r&d spending increased from $148.0M to $252.0M, a change of $104.0M. The latest reported quarter, Q2 2026, shows $61.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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