R&D expense · 2011–2025

Light & Wonder R&D expense

$252M−3.8% · FY2025

Light & Wonder (LAWIL) reported $252M in R&D expense for fiscal 2025, −3.8% year on year.

$6.1M2011$6.6M2012$26.0M2013$117M2014$184M2015$205M2016$184M2017$202M2018$166M2019$148M2020$190M2021$218M2022$228M2023$262M2024$252M2025
Light & Wonder — R&D expense, 2011–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$252M−3.8%Open →
FY20242024-12-31$262M+14.9%Open →
FY20232023-12-31$228M+4.6%Open →
FY20222022-12-31$218M+14.7%Open →
FY20212021-12-31$190M+28.4%Open →
FY20202020-12-31$148M−10.8%Open →
FY20192019-12-31$166M−17.8%Open →
FY20182018-12-31$202M+9.8%Open →
FY20172017-12-31$184M−10.2%Open →
FY20162016-12-31$205M+11.4%Open →
FY20152015-12-31$184M+57.2%Open →
FY20142014-12-31$117M+350.0%Open →
FY20132013-12-31$26.0M+293.9%Open →
FY20122012-12-31$6.6M+8.2%Open →
FY20112011-12-31$6.1M—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 +30.4%

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=Light & Wonder R&D expense |url=https://companiesranked.com/en/company/light-and-wonder/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Light & Wonder R&D expense. CompaniesRanked. https://companiesranked.com/en/company/light-and-wonder/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-light-and-wonder-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Light \& Wonder R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/light-and-wonder/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: 10-K · 0000750004-26-000012 · February 24, 2026

{{cite web |title=Light & Wonder R&D expense — 10-K (0000750004-26-000012) |url=https://www.sec.gov/Archives/edgar/data/750004/000075000426000012/lnw-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-24}}

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.

← Light & Wonder overview