Devon Energy (DVN) Research & Development (2017 - 2026)

Devon Energy (DVN) has reported Research & Development for 10 consecutive years, with $16.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development fell 20.0% year-over-year to $16.0 million in Q2 2026; TTM through Jun 2026 was $54.0 million, a 17.39% increase from a year earlier, with the FY2025 full-year figure at $43.0 million, up 53.57% from the prior year.
• Research & Development was $16.0 million for Q2 2026 at Devon Energy, down from $25.0 million in the prior quarter.
• Over five years, Research & Development peaked at $25.0 million in Q1 2026 and troughed at $2.0 million in Q1 2022.
• A 5-year average of $8.9 million and a median of $8.5 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development sank 70.0% in 2024 and soared 566.67% in 2025, its largest moves.
• Over 5 years, Research & Development stood at $13.0 million in 2022, then tumbled by 69.23% to $4.0 million in 2023, then soared by 200.0% to $12.0 million in 2024, then tumbled by 58.33% to $5.0 million in 2025, then surged by 220.0% to $16.0 million in 2026.
• The last three Research & Development figures came in at $16.0 million (Q2 2026), $25.0 million (Q1 2026), and $5.0 million (Q4 2025), per Business Quant data.