Apa (APA) Research & Development (2020 - 2026)
Apa's (APA) quarterly Research & Development came in at $26.0 million in Q1 2026, down 13.33% year-on-year from $30.0 million in Q1 2025, and down 27.78% quarter-over-quarter from $36.0 million in Q4 2025.
Apa (APA) Research & Development (2020 - 2026) Analysis & Trends
Apa has disclosed Research & Development across 7 years of filings, most recently posting $26.0 million for Q1 2026.
- Research & Development for Q1 2026 came in at $26.0 million, down 13.33% year-over-year; the trailing twelve-month figure through Mar 2026 was $127.0 million (down 34.87% YoY), and the FY2025 annual result was $131.0 million, down 58.15% from the prior year.
- Research & Development came in at $26.0 million for Q1 2026 at Apa, down from $36.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $148.0 million in Q1 2024 to a low of $22.0 million in Q3 2025.
- The 5-year median for Research & Development is $49.0 million (2023), against an average of $57.1 million.
- Across the five-year window, Research & Development jumped 184.62% in 2024 and sank 79.73% in 2025, its largest moves.
- Apa's Research & Development stood at $112.0 million in 2022, then sank by 54.46% to $51.0 million in 2023, then climbed by 27.45% to $65.0 million in 2024, then tumbled by 44.62% to $36.0 million in 2025, then fell by 27.78% to $26.0 million in 2026.
- The last three Research & Development figures came in at $26.0 million (Q1 2026), $36.0 million (Q4 2025), and $22.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 630.08 Bn | 624.14 Bn | - | - |
| 2 | Canadian Natural Resources | 388.31 Bn | 388.31 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 142.98 Bn | 136.61 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 72.93 Bn | 69.08 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 55.91 Bn | 52.73 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 54.95 Bn | 61.11 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 35.18 Bn | 34.56 Bn | 472.36 Mn | - |
| 8 | Eqt | 32.94 Bn | 36.28 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 31.24 Bn | 31.05 Bn | 370.10 Mn | -316,475.27 |
| 10 | Apa | 12.94 Bn | 13.59 Bn | 2.20 Bn | 26.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.00 Mn |
| Dec 31, 2025 | 36.00 Mn |
| Sep 30, 2025 | 22.00 Mn |
| Jun 30, 2025 | 43.00 Mn |
| Mar 31, 2025 | 30.00 Mn |
| Dec 31, 2024 | 65.00 Mn |
| Sep 30, 2024 | 29.00 Mn |
| Jun 30, 2024 | 71.00 Mn |
| Mar 31, 2024 | 148.00 Mn |
| Dec 31, 2023 | 51.00 Mn |
| Sep 30, 2023 | 49.00 Mn |
| Jun 30, 2023 | 43.00 Mn |
| Mar 31, 2023 | 52.00 Mn |
| Dec 31, 2022 | 112.00 Mn |
| Sep 30, 2022 | 95.00 Mn |
| Jun 30, 2022 | 56.00 Mn |
| Mar 31, 2022 | 42.00 Mn |
| Dec 31, 2021 | 46.00 Mn |
| Sep 30, 2021 | 34.00 Mn |
| Jun 30, 2021 | 26.00 Mn |