Bp (BPPFF) Research & Development (2012 - 2026)
Bp (BPPFF) recorded quarterly Research & Development of $44.0 million in Q1 2026, down 57.69% quarter-over-quarter from $104.0 million in Q4 2025, and down 57.28% on a YoY basis from $103.0 million in Q1 2025.
Bp (BPPFF) Research & Development (2012 - 2026) Analysis & Trends
Bp's Research & Development history runs 15 years deep, the most recent figure standing at $44.0 million for Q1 2026.
- In Q1 2026, Research & Development fell 57.28% year-over-year to $44.0 million; the TTM figure through Mar 2026 stood at $511.0 million (down 38.43% YoY), while the FY2025 annual figure was $570.0 million, down 41.48% from the prior year.
- Research & Development was $44.0 million for Q1 2026 at Bp, down from $104.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $501.0 million in Q4 2023 to a low of $44.0 million in Q1 2026.
- Historically, Research & Development has averaged $190.1 million across 5 years, with a median of $158.0 million in 2022.
- Biggest YoY gain for Research & Development was 283.51% in 2024; the steepest drop was 64.87% in 2024.
- A 5-year view of Research & Development shows it stood at $140.0 million in 2022, then soared by 257.86% to $501.0 million in 2023, then sank by 64.87% to $176.0 million in 2024, then sank by 40.91% to $104.0 million in 2025, then plunged by 57.69% to $44.0 million in 2026.
- The last three Research & Development figures came in at $44.0 million (Q1 2026), $104.0 million (Q4 2025), and $224.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | -250.00 Mn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 126.00 Mn |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | -133.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 205.00 Mn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 8.75 Mn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 44.00 Mn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 1.27 Bn |
| 10 | Bp | - | - | - | 44.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 44.00 Mn |
| Dec 31, 2025 | 104.00 Mn |
| Sep 30, 2025 | 224.00 Mn |
| Jun 30, 2025 | 139.00 Mn |
| Mar 31, 2025 | 103.00 Mn |
| Dec 31, 2024 | 176.00 Mn |
| Sep 30, 2024 | 372.00 Mn |
| Jun 30, 2024 | 179.00 Mn |
| Mar 31, 2024 | 247.00 Mn |
| Dec 31, 2023 | 501.00 Mn |
| Sep 30, 2023 | 97.00 Mn |
| Jun 30, 2023 | 293.00 Mn |
| Mar 31, 2023 | 106.00 Mn |
| Dec 31, 2022 | 140.00 Mn |
| Sep 30, 2022 | 225.00 Mn |
| Mar 31, 2022 | 92.00 Mn |
| Dec 31, 2021 | 102.00 Mn |
| Sep 30, 2021 | 116.00 Mn |
| Jun 30, 2021 | 107.00 Mn |
| Mar 31, 2021 | 99.00 Mn |