Equinor Asa EQNR
NYSE EQNR
$41.39 -0.17 (-0.41%)
At close: Aug 28, 2026 · 4:00 PM EDT

Equinor Asa (EQNR) Research & Development (2009 - 2026)

Equinor Asa's (EQNR) quarterly Research & Development came in at -$189.0 million in Q2 2026, down 3.28% YoY from -$195.4 million in Q2 2025, and down 24.34% on a QoQ basis from -$152.0 million in Q1 2026.

Analysis

Equinor Asa (EQNR) Research & Development (2009 - 2026) Analysis & Trends

Equinor Asa (EQNR) has 18 years of Research & Development data on file, last reported at -$189.0 million in Q2 2026.

  • Quarterly Research & Development fell 3.28% year-over-year to -$189.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$844.0 million (up 11.06% YoY) and the FY2025 annual result came in at $849.0 million, down 28.35% from the prior year.
  • Research & Development retreated to -$189.0 million in Q2 2026, from -$152.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$127.0 million in Q1 2025 to a low of -$377.0 million in Q4 2023.
  • A 5-year average of -$249.9 million and a median of -$266.0 million in 2024 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2025 — Research & Development jumped 52.26% — and 2026, when it slipped 19.69%.
  • Tracing EQNR's Research & Development over 5 years: stood at -$331.0 million in 2022, then decreased by 13.9% to -$377.0 million in 2023, then rose by 9.02% to -$343.0 million in 2024, then advanced by 16.33% to -$287.0 million in 2025, then soared by 34.15% to -$189.0 million in 2026.
  • The last three Research & Development figures came in at -$189.0 million (Q2 2026), -$152.0 million (Q1 2026), and -$287.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 110.00 Mn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 256.00 Mn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn -95.00 Mn
4 Eni Spa 166.18 Bn 156.34 Bn - -
5 Equinor Asa 103.49 Bn 94.23 Bn - -189.00 Mn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 1.26 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn - 722,925.27
8 Cenovus Energy 59.48 Bn 57.00 Bn - 2.89 Mn
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn -17.00 Mn
Historic Data

Historic Data

Download Data
DateValue
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 166.00 Mn
Jun 30, 2020 -393.00 Mn
Mar 31, 2020 -635.00 Mn
Dec 31, 2019 -480.00 Mn
Sep 30, 2019 -871.00 Mn