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Chevron (CVX) Research & Development (2016 - 2025)

Chevron's Research & Development history spans 17 years, with the latest figure at $324.0 million for Q4 2025.

  • For Q4 2025, Research & Development fell 27.84% year-over-year to $324.0 million; the TTM value through Dec 2025 reached $1.1 billion, up 5.63%, while the annual FY2025 figure was $1.1 billion, 5.63% up from the prior year.
  • Research & Development reached $324.0 million in Q4 2025 per CVX's latest filing, up from $288.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $453.0 million in Q4 2022 to a low of $86.0 million in Q1 2021.
  • Average Research & Development over 5 years is $224.2 million, with a median of $194.0 million recorded in 2021.
  • Peak YoY movement for Research & Development: crashed 87.37% in 2021, then surged 159.48% in 2023.
  • A 5-year view of Research & Development shows it stood at $192.0 million in 2021, then soared by 135.94% to $453.0 million in 2022, then plummeted by 43.93% to $254.0 million in 2023, then soared by 76.77% to $449.0 million in 2024, then fell by 27.84% to $324.0 million in 2025.
  • Per Business Quant, the three most recent readings for CVX's Research & Development are $324.0 million (Q4 2025), $288.0 million (Q3 2025), and $252.0 million (Q2 2025).