Expand Energy (EXE) Research & Development (2021 - 2026)

Expand Energy's (EXE) quarterly Research & Development came in at $14.0 million in Q1 2026, up 100.0% year-on-year from $7.0 million in Q1 2025, and down 12.5% on a QoQ basis from $16.0 million in Q4 2025.

Expand Energy (EXE) Research & Development (2021 - 2026) Analysis & Trends

Expand Energy (EXE) has 6 years of Research & Development data on file, last reported at $14.0 million in Q1 2026.

  • On a quarterly basis, Research & Development rose 100.0% year-over-year to $14.0 million in Q1 2026; TTM through Mar 2026 was $53.0 million, a 253.33% increase from a year earlier, with the FY2025 full-year figure at $46.0 million, up 360.0% from the prior year.
  • Research & Development for Q1 2026 stood at $14.0 million, down from $16.0 million in the prior quarter.
  • Over the last five years, Research & Development for EXE reached as high as $20.0 million in Q2 2025 and fell as low as $2.0 million in Q3 2022.
  • Historically, Research & Development has averaged $7.1 million across 5 years, with a median of $7.0 million in 2022.
  • Across the five-year window, Research & Development surged 600.0% in 2022 and sank 71.43% in 2024, its largest moves.
  • Year by year, Research & Development stood at $9.0 million in 2022, then slipped by 11.11% to $8.0 million in 2023, then slumped by 62.5% to $3.0 million in 2024, then surged by 433.33% to $16.0 million in 2025, then slipped by 12.5% to $14.0 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $14.0 million in Q1 2026, $16.0 million in Q4 2025, and $3.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 141.43 Bn 135.06 Bn 9.48 Bn 109.00 Mn
2 Eog Resources 74.61 Bn 70.76 Bn - 45.00 Mn
3 Diamondback Energy 55.39 Bn 55.39 Bn 4.22 Bn -
4 Woodside Energy 41.28 Bn 35.34 Bn 2.71 Bn -
5 Occidental Petroleum 32.80 Bn 28.99 Bn 4.87 Bn 110.00 Mn
6 Eqt 32.48 Bn 32.37 Bn 1.42 Bn -
7 Texas Pacific Land 27.36 Bn 27.11 Bn - -
8 Devon Energy 26.53 Bn 24.72 Bn 3.61 Bn 25.00 Mn
9 Expand Energy 21.67 Bn 19.37 Bn 4.21 Bn 14.00 Mn
10 Ovintiv 16.84 Bn 15.96 Bn 2.83 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 14.00 Mn
Dec 31, 2025 16.00 Mn
Sep 30, 2025 3.00 Mn
Jun 30, 2025 20.00 Mn
Mar 31, 2025 7.00 Mn
Dec 31, 2024 3.00 Mn
Sep 30, 2024 2.00 Mn
Jun 30, 2024 3.00 Mn
Mar 31, 2024 2.00 Mn
Dec 31, 2023 8.00 Mn
Sep 30, 2023 4.00 Mn
Jun 30, 2023 8.00 Mn
Mar 31, 2023 7.00 Mn
Dec 31, 2022 9.00 Mn
Sep 30, 2022 2.00 Mn
Jun 30, 2022 7.00 Mn
Mar 31, 2022 5.00 Mn
Dec 31, 2021 3.00 Mn
Sep 30, 2021 2.00 Mn
Jun 30, 2021 1.00 Mn