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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -250.00 Mn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 126.00 Mn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 205.00 Mn
4 Eni Spa 205.81 Bn 195.97 Bn - -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 110.00 Mn
6 Equinor Asa 98.30 Bn 89.04 Bn - -189.00 Mn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 1.27 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - 2.19 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 95.00 Mn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -20.00 Mn

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