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
DateValue
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