KPIs & Operating Metrics(New)
Growth Metrics

Expand Energy (EXE) Research & Development (2021 - 2025)

Expand Energy (EXE) has disclosed Research & Development for 5 consecutive years, with $16.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Research & Development rose 433.33% to $16.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $46.0 million, a 360.0% increase, with the full-year FY2025 number at $46.0 million, up 360.0% from a year prior.
  • Research & Development was $16.0 million for Q4 2025 at Expand Energy, up from $3.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $20.0 million in Q2 2025 to a low of $2.0 million in Q3 2021.
  • A 5-year average of $6.7 million and a median of $4.0 million in 2022 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: plummeted 83.33% in 2024, then skyrocketed 566.67% in 2025.
  • Expand Energy's Research & Development stood at $3.0 million in 2021, then surged by 200.0% to $9.0 million in 2022, then surged by 100.0% to $18.0 million in 2023, then tumbled by 83.33% to $3.0 million in 2024, then soared by 433.33% to $16.0 million in 2025.
  • Per Business Quant, the three most recent readings for EXE's Research & Development are $16.0 million (Q4 2025), $3.0 million (Q3 2025), and $20.0 million (Q2 2025).