Apa (APA) Research & Development (2020 - 2026)
Apa (APA) posted Research & Development of $26.0 million for Q1 2026, down 27.78% sequentially from $36.0 million in Q4 2025, and down 13.33% YoY from $30.0 million in Q1 2025.
Apa (APA) Research & Development (2020 - 2026) Analysis & Trends
Apa has reported Research & Development for 7 years, with the latest figure at $26.0 million in Q1 2026.
- Quarterly Research & Development fell 13.33% year-over-year to $26.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $127.0 million (down 34.87% YoY) and the FY2025 annual result came in at $131.0 million, down 58.15% from the prior year.
- Research & Development declined to $26.0 million in Q1 2026 per APA's latest filing, from $36.0 million in the prior quarter.
- Over five years, Research & Development peaked at $148.0 million in Q1 2024 and troughed at $22.0 million in Q3 2025.
- A 5-year average of $57.1 million and a median of $49.0 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development soared 184.62% in 2024, then sank 79.73% in 2025.
- Over 5 years, Research & Development stood at $112.0 million in 2022, then sank by 54.46% to $51.0 million in 2023, then increased by 27.45% to $65.0 million in 2024, then tumbled by 44.62% to $36.0 million in 2025, then decreased by 27.78% to $26.0 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $26.0 million, $36.0 million, and $22.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | - |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 16.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | - |
| 10 | Apa | 15.35 Bn | 14.91 Bn | 2.28 Bn | 58.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 58.00 Mn |
| 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 |