KPIs & Operating Metrics(New)
Growth Metrics

Black Stone Minerals (BSM) Research & Development (2016 - 2025)

Black Stone Minerals (BSM) has disclosed Research & Development for 12 consecutive years, with $9.6 million as the latest value for Q4 2025.

  • On a quarterly basis, Research & Development rose 6069.23% to $9.6 million in Q4 2025 year-over-year; TTM through Dec 2025 was $18.6 million, a 581.32% increase, with the full-year FY2025 number at $18.6 million, up 581.32% from a year prior.
  • Research & Development was $9.6 million for Q4 2025 at Black Stone Minerals, up from $2.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $9.6 million in Q4 2025 to a low of $1000.0 in Q4 2022.
  • A 5-year average of $1.2 million and a median of $85000.0 in 2024 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: tumbled 97.78% in 2023, then skyrocketed 170233.33% in 2025.
  • Black Stone Minerals' Research & Development stood at $2000.0 in 2021, then plummeted by 50.0% to $1000.0 in 2022, then soared by 42800.0% to $429000.0 in 2023, then plummeted by 63.64% to $156000.0 in 2024, then surged by 6069.23% to $9.6 million in 2025.
  • Per Business Quant, the three most recent readings for BSM's Research & Development are $9.6 million (Q4 2025), $2.2 million (Q3 2025), and $1.7 million (Q2 2025).