Chevron (CVX) Research & Development (2009 - 2026)

Chevron (CVX) has reported Research & Development for 18 consecutive years, with $256.0 million the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Research & Development rose 1.59% year-over-year to $256.0 million; the trailing twelve-month figure through Jun 2026 stood at $1.1 billion (up 2.98% YoY), and the FY2025 full-year result was $1.1 billion, up 5.63% from the prior year.
• Research & Development climbed to $256.0 million in Q2 2026 per CVX's latest filing, from $205.0 million in the prior quarter.
• Across five years, Research & Development topped out at $453.0 million in Q4 2022 and bottomed at $116.0 million in Q3 2022.
• Historically, Research & Development has averaged $244.2 million across 5 years, with a median of $230.5 million in 2022.
• The sharpest annual moves came in 2023 and 2024: Research & Development surged 159.48% in 2023, then sank 48.84% in 2024.
• Over 5 years, Research & Development stood at $453.0 million in 2022, then slumped 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, then dropped by 20.99% to $256.0 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $256.0 million, $205.0 million, and $324.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.