Apa APA
NASDAQ APA
$44.53 -0.31 (-0.68%)
As of: Sep 10, 2026 · 3:59 PM EDT

Apa (APA) Research & Development (2020 - 2026)

Apa's (APA) quarterly Research & Development came in at $58.0 million in Q2 2026, up 34.88% year-over-year from $43.0 million in Q2 2025, and up 123.08% quarter-over-quarter from $26.0 million in Q1 2026.

Analysis

Apa (APA) Research & Development (2020 - 2026) Analysis & Trends

Apa has disclosed Research & Development across 7 years of filings, most recently posting $58.0 million for Q2 2026.

  • In Q2 2026, Research & Development rose 34.88% year-over-year to $58.0 million; the TTM figure through Jun 2026 stood at $142.0 million (down 14.97% YoY), while the FY2025 annual figure was $131.0 million, down 58.15% from the prior year.
  • Research & Development came in at $58.0 million for Q2 2026 at Apa, up from $26.0 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.
  • Average Research & Development over 5 years is $57.1 million, with a median of $50.0 million recorded in 2023.
  • Year-over-year, Research & Development surged 184.62% in 2024 and plunged 79.73% in 2025.
  • Over 5 years, Research & Development stood at $112.0 million in 2022, then tumbled by 54.46% to $51.0 million in 2023, then climbed by 27.45% to $65.0 million in 2024, then sank by 44.62% to $36.0 million in 2025, then soared by 61.11% to $58.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $58.0 million in Q2 2026, $26.0 million in Q1 2026, and $36.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 166.37 Bn 158.68 Bn 12.81 Bn 75.00 Mn
2 Canadian Natural Resources 106.24 Bn 104.35 Bn 8.84 Bn -
3 Eog Resources 77.64 Bn 72.73 Bn - 47.00 Mn
4 Diamondback Energy 57.73 Bn 57.26 Bn 5.55 Bn -
5 Devon Energy 46.75 Bn 45.74 Bn 6.02 Bn 16.00 Mn
6 Expand Energy 23.07 Bn 21.81 Bn 2.33 Bn 16.00 Mn
7 Permian Resources 19.87 Bn 19.61 Bn - 9.77 Mn
8 Ovintiv 17.94 Bn 17.05 Bn 2.83 Bn -
9 Apa 15.73 Bn 15.28 Bn 2.28 Bn 58.00 Mn
10 Antero Resources 12.12 Bn 11.55 Bn 1.56 Bn -
Historic Data

Historic Data

Download Data
DateValue
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