Expand Energy EXE
NASDAQ EXE
$96.66 -1.53 (-1.56%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Expand Energy's (EXE) quarterly Research & Development came in at $16.0 million in Q2 2026, down 20.0% year-over-year from $20.0 million in Q2 2025, and up 14.29% quarter-over-quarter from $14.0 million in Q1 2026.

Analysis

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

Expand Energy (EXE) has reported Research & Development for 6 consecutive years, with $16.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 20.0% year-over-year to $16.0 million in Q2 2026; TTM through Jun 2026 was $49.0 million, a 53.12% increase from a year earlier, with the FY2025 full-year figure at $46.0 million, up 360.0% from the prior year.
  • Research & Development was $16.0 million for Q2 2026 at Expand Energy, up from $14.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $20.0 million in Q2 2025 and troughed at $2.0 million in Q3 2022.
  • A 5-year average of $7.6 million and a median of $7.0 million in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development soared 600.0% in 2022 and plunged 71.43% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at $9.0 million in 2022, then declined by 11.11% to $8.0 million in 2023, then slumped by 62.5% to $3.0 million in 2024, then jumped by 433.33% to $16.0 million in 2025, then changed by 0.0% to $16.0 million in 2026.
  • The last three Research & Development figures came in at $16.0 million (Q2 2026), $14.0 million (Q1 2026), and $16.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Conocophillips 161.33 Bn 153.64 Bn 12.81 Bn 75.00 Mn
2 Canadian Natural Resources 104.99 Bn 103.10 Bn 8.84 Bn -
3 Eog Resources 76.13 Bn 71.22 Bn - 47.00 Mn
4 Diamondback Energy 55.89 Bn 61.52 Bn 5.55 Bn -
5 Devon Energy 52.87 Bn 51.86 Bn 6.02 Bn 16.00 Mn
6 Expand Energy 22.67 Bn 21.40 Bn 2.33 Bn 16.00 Mn
7 Permian Resources 19.56 Bn 19.30 Bn - 9.77 Mn
8 Ovintiv 17.91 Bn 17.03 Bn 2.83 Bn -
9 Apa 14.98 Bn 15.46 Bn 2.28 Bn 58.00 Mn
10 Antero Resources 12.17 Bn 11.60 Bn 1.56 Bn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.00 Mn
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