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Bp (BP) Research & Development (2016 - 2026)

Bp has reported Research & Development over the past 12 years, most recently at $44.0 million for Q1 2026.

  • For Q1 2026, Research & Development fell 57.28% year-over-year to $44.0 million; the TTM value through Mar 2026 reached $511.0 million, down 38.43%, while the annual FY2025 figure was $570.0 million, 41.48% down from the prior year.
  • Research & Development for Q1 2026 was $44.0 million at Bp, down from $104.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $501.0 million in Q4 2023 and troughed at $44.0 million in Q1 2026.
  • A 5-year average of $190.1 million and a median of $158.0 million in 2022 define the central range for Research & Development.
  • On a YoY basis, Research & Development climbed as much as 283.51% in 2024 and fell as far as 64.87% in 2024.
  • Year by year, Research & Development stood at $140.0 million in 2022, then surged by 257.86% to $501.0 million in 2023, then tumbled by 64.87% to $176.0 million in 2024, then plummeted by 40.91% to $104.0 million in 2025, then plummeted by 57.69% to $44.0 million in 2026.
  • Business Quant data shows Research & Development for BP at $44.0 million in Q1 2026, $104.0 million in Q4 2025, and $224.0 million in Q3 2025.