Epsilon Energy (EPSN) Research & Development (2018 - 2026)
Epsilon Energy (EPSN) recorded Research & Development of $508,475 in Q2 2026, down 17.2% from $613,795 a year earlier and down 14.5% from the prior quarter.
Epsilon Energy (EPSN) Research & Development (2018 - 2026) Analysis & Trends
On a TTM basis, Epsilon Energy's Research & Development came in at $2.3 million as of Jun 30, 2026, up 3.1% year-over-year; for FY2025, it was $2.36 million, up 4.3% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of 40.6% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $2.27 million in FY2024 (-7.9%), $2.46 million in FY2023 (+7.5%), $2.29 million in FY2022 (-1.4%) and $2.32 million in FY2021 (+440.2%).
- The Q2 2026 figure is the lowest quarterly Research & Development since Q3 2024.
- On a year-over-year basis, Research & Development rose in three of the last eight quarters, with an average decline of 2.2%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 771.7% in Q4 2021, against a decline of 65.8% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $594,446 (Q1 2026), $632,048 (Q4 2025) and $563,542 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 277.00 Mn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 256.00 Mn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | -95.00 Mn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -189.00 Mn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Epsilon Energy | 180.28 Mn | 139.47 Mn | - | 508,475.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 508,475.00 |
| Mar 31, 2026 | 594,446.00 |
| Dec 31, 2025 | 632,048.00 |
| Sep 30, 2025 | 563,542.00 |
| Jun 30, 2025 | 613,795.00 |
| Mar 31, 2025 | 552,651.00 |
| Dec 31, 2024 | 572,328.00 |
| Sep 30, 2024 | 490,325.00 |
| Jun 30, 2024 | 649,967.00 |
| Mar 31, 2024 | 552,570.00 |
| Dec 31, 2023 | 605,694.00 |
| Sep 30, 2023 | 631,725.00 |
| Jun 30, 2023 | 570,934.00 |
| Mar 31, 2023 | 651,341.00 |
| Dec 31, 2022 | 621,488.00 |
| Sep 30, 2022 | 600,672.00 |
| Jun 30, 2022 | 541,228.00 |
| Mar 31, 2022 | 524,375.00 |
| Dec 31, 2021 | 1.82 Mn |
| Sep 30, 2021 | 138,887.00 |
Epsilon Energy Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=EPSN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EPSN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=EPSN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();