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

Chevron (CVX) has disclosed Research & Development for 17 consecutive years, with $324.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Research & Development fell 27.84% year-over-year to $324.0 million, compared with a TTM value of $1.1 billion through Dec 2025, up 5.63%, and an annual FY2025 reading of $1.1 billion, up 5.63% over the prior year.
  • Research & Development was $324.0 million for Q4 2025 at Chevron, up from $288.0 million in the prior quarter.
  • Across five years, Research & Development topped out at $453.0 million in Q4 2022 and bottomed at $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.
  • The sharpest move saw Research & Development crashed 87.37% in 2021, then surged 159.48% in 2023.
  • Year by year, 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.
  • Business Quant data shows Research & Development for CVX at $324.0 million in Q4 2025, $288.0 million in Q3 2025, and $252.0 million in Q2 2025.