Black Stone Minerals (BSM) Research & Development (2014 - 2026)

Black Stone Minerals (BSM) has reported Research & Development for 13 consecutive years, with $4.8 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 175.87% year-over-year to $4.8 million in Q2 2026; TTM through Jun 2026 was $21.2 million, a 121.62% increase from a year earlier, with the FY2025 full-year figure at $18.6 million, up 581.32% from the prior year.
• Research & Development was $4.8 million for Q2 2026 at Black Stone Minerals, up from $4.6 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.
• A 5-year average of $1.8 million and a median of $304500.0 in 2022 frame the typical range for Research & Development.
• Across the five-year window, Research & Development plunged 97.78% in 2023 and soared 170233.33% in 2025, its largest moves.
• Over 5 years, Research & Development stood at $1000.0 in 2022, then jumped by 42800.0% to $429000.0 in 2023, then plunged by 63.64% to $156000.0 in 2024, then soared by 6069.23% to $9.6 million in 2025, then plunged by 49.86% to $4.8 million in 2026.
• The last three Research & Development figures came in at $4.8 million (Q2 2026), $4.6 million (Q1 2026), and $9.6 million (Q4 2025), per Business Quant data.