Eqt (EQT) Research & Development (2009 - 2026)
Eqt (EQT) recorded Research & Development of $430,000 in Q1 2026, down 59.1% from $1.05 million a year earlier and down 54.5% from the prior quarter.
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Analysis
Eqt (EQT) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Eqt's Research & Development came in at $2.98 million as of Mar 31, 2026, up 3.8% year-over-year; for FY2025, it came in at $3.6 million, up 31.7% from FY2024.
- Annual Research & Development has a five-year compound annual growth rate of -8.1% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $2.74 million in FY2024 (-17.9%), $3.33 million in FY2023 (-3.1%), $3.44 million in FY2022 (-85.9%) and $24.4 million in FY2021 (+345.0%).
- Quarterly Research & Development has ranged from $159,000 in Q4 2024 to $20.5 million in Q3 2021 over the past five years.
- On a year-over-year basis, Research & Development rose in four of the last eight quarters, with growth averaging 45.0%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 548.6% in Q3 2021, against a decline of 98.3% in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $946,000 (Q4 2025), $331,000 (Q3 2025) and $1.27 million (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 743.20 Bn | 699.68 Bn | - | 155.00 Mn |
| 2 | Chevron | 447.03 Bn | 419.15 Bn | 33.45 Bn | 256.00 Mn |
| 3 | Shell | 310.50 Bn | 240.25 Bn | 30.13 Bn | 277.00 Mn |
| 4 | TotalEnergies SE | 198.52 Bn | 79.10 Bn | 61.77 Bn | 95.00 Mn |
| 5 | Conocophillips | 177.09 Bn | 149.80 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 119.58 Bn | 34.03 Bn | - | -189.00 Mn |
| 7 | Phillips 66 | 116.56 Bn | 104.35 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 113.43 Bn | 110.44 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | - |
| 10 | Eqt | 33.77 Bn | 32.98 Bn | 1.42 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 430,000.00 |
| Dec 31, 2025 | 946,000.00 |
| Sep 30, 2025 | 331,000.00 |
| Jun 30, 2025 | 1.27 Mn |
| Mar 31, 2025 | 1.05 Mn |
| Dec 31, 2024 | 159,000.00 |
| Sep 30, 2024 | 282,000.00 |
| Jun 30, 2024 | 1.38 Mn |
| Mar 31, 2024 | 916,000.00 |
| Dec 31, 2023 | 728,000.00 |
| Sep 30, 2023 | 447,000.00 |
| Jun 30, 2023 | 1.20 Mn |
| Mar 31, 2023 | 952,000.00 |
| Dec 31, 2022 | 568,000.00 |
| Sep 30, 2022 | 357,000.00 |
| Jun 30, 2022 | 1.74 Mn |
| Mar 31, 2022 | 772,000.00 |
| Dec 31, 2021 | 1.18 Mn |
| Sep 30, 2021 | 20.50 Mn |
| Jun 30, 2021 | 1.78 Mn |
API Access
Eqt 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=EQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EQT", "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=EQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();