Equinor Asa (EQNR) Research & Development (2009 - 2026)
Equinor Asa's Research & Development came in at -$189 million for the quarter ended Jun 30, 2026, compared with -$183 million a year earlier.
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Analysis
Equinor Asa (EQNR) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Equinor Asa reported Research & Development of -$844 million; for the year ended Dec 31, 2025, it was -$849 million.
- Going back by year, Research & Development was -$1.19 billion in the year ended Dec 31, 2024, -$795 million in the year ended Dec 31, 2023, -$1.21 billion in the year ended Dec 31, 2022 and -$1 billion in the year ended Dec 31, 2021.
- The five-year range for quarterly Research & Development is -$377 million (the quarter ended Dec 31, 2023) to -$127 million (the quarter ended Mar 31, 2025).
- Business Quant data shows EQNR's Research & Development at -$152 million (quarter ended Mar 31, 2026), -$287 million (quarter ended Dec 31, 2025) and -$216 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 155.00 Mn |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 300.00 Mn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 256.00 Mn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | -95.00 |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 75.00 Mn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | - |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | -189.00 Mn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 17.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -189.00 Mn |
| Mar 31, 2026 | -152.00 Mn |
| Dec 31, 2025 | -287.00 Mn |
| Sep 30, 2025 | -216.00 Mn |
| Jun 30, 2025 | -183.00 Mn |
| Mar 31, 2025 | -127.00 Mn |
| Dec 31, 2024 | -343.00 Mn |
| Sep 30, 2024 | -296.00 Mn |
| Jun 30, 2024 | -279.00 Mn |
| Mar 31, 2024 | -266.00 Mn |
| Dec 31, 2023 | -377.00 Mn |
| Jun 30, 2022 | -331.00 Mn |
| Mar 31, 2022 | -203.00 Mn |
| Jun 30, 2021 | -326.00 Mn |
| Mar 31, 2021 | -247.00 Mn |
| Dec 31, 2020 | -1.57 Bn |
| Jun 30, 2020 | -393.00 Mn |
| Mar 31, 2020 | -635.00 Mn |
| Dec 31, 2019 | -480.00 Mn |
| Sep 30, 2019 | -871.00 Mn |
API Access
Equinor Asa 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=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EQNR", "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=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();