Conocophillips (COP) Research & Development (2009 - 2026)

Conocophillips' Research & Development history runs 18 years deep, the most recent figure standing at $109.0 million for Q1 2026.

• In Q1 2026, Research & Development fell 6.84% year-over-year to $109.0 million; the TTM figure through Mar 2026 stood at $399.0 million (up 10.83% YoY), while the FY2025 annual figure was $407.0 million, up 14.65% from the prior year.
• Research & Development was $109.0 million for Q1 2026 at Conocophillips, down from $138.0 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $143.0 million in Q2 2022 to a low of $69.0 million in Q1 2022.
• Historically, Research & Development has averaged $99.9 million across 5 years, with a median of $92.0 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Research & Development jumped 150.88% in 2022, then slumped 41.96% in 2023.
• A 5-year view of Research & Development shows it stood at $129.0 million in 2022, then tumbled by 34.11% to $85.0 million in 2023, then fell by 16.47% to $71.0 million in 2024, then surged by 94.37% to $138.0 million in 2025, then slipped by 21.01% to $109.0 million in 2026.
• The last three Research & Development figures came in at $109.0 million (Q1 2026), $138.0 million (Q4 2025), and $71.0 million (Q3 2025), per Business Quant data.