KPIs & Operating Metrics(New)
Growth Metrics

Black Stone Minerals (BSM) Research & Development (2016 - 2026)

Black Stone Minerals has reported Research & Development over the past 12 years, most recently at $9.6 million for Q4 2025.

  • Quarterly Research & Development rose 6069.23% to $9.6 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $18.6 million through Dec 2025, up 581.32% year-over-year, with the annual reading at $18.6 million for FY2025, 581.32% up from the prior year.
  • Research & Development was $9.6 million for Q4 2025 at Black Stone Minerals, up from $2.2 million in the prior quarter.
  • Over five years, Research & Development peaked at $9.6 million in Q4 2025 and troughed at $1000.0 in Q4 2022.
  • The 5-year median for Research & Development is $85000.0 (2024), against an average of $1.2 million.
  • Year-over-year, Research & Development tumbled 97.78% in 2023 and then skyrocketed 170233.33% in 2025.
  • A 5-year view of Research & Development shows it stood at $2000.0 in 2021, then crashed by 50.0% to $1000.0 in 2022, then surged by 42800.0% to $429000.0 in 2023, then crashed by 63.64% to $156000.0 in 2024, then skyrocketed 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).