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Chevron (CVX) Research & Development (2016 - 2026)

Chevron filings provide 17 years of Research & Development readings, the most recent being $324.0 million for Q4 2025.

  • On a quarterly basis, Research & Development fell 27.84% to $324.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $1.1 billion, a 5.63% increase, with the full-year FY2025 number at $1.1 billion, up 5.63% from a year prior.
  • Research & Development hit $324.0 million in Q4 2025 for Chevron, 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.
  • Median Research & Development over the past 5 years was $194.0 million (2021), compared with a mean of $224.2 million.
  • Biggest five-year swings in Research & Development: plummeted 87.37% in 2021 and later soared 159.48% in 2023.
  • Chevron's Research & Development 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.
  • The last three reported values for Research & Development were $324.0 million (Q4 2025), $288.0 million (Q3 2025), and $252.0 million (Q2 2025) per Business Quant data.