Greenfire Resources (GFR-RI) Research & Development (2022 - 2026)
Greenfire Resources' (GFR-RI) quarterly Research & Development came in at $1.0 million in Q2 2026, up 134.55% year-over-year from $439522.9 in Q2 2025, and up 59.38% quarter-over-quarter from $646805.4 in Q1 2026.
Analysis
Greenfire Resources (GFR-RI) Research & Development (2022 - 2026) Analysis & Trends
Greenfire Resources has disclosed Research & Development across 5 years of filings, most recently posting $1.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 134.55% year-over-year to $1.0 million; the TTM figure through Jun 2026 stood at $2.3 million (up 58.11% YoY), while the FY2025 annual figure was $1.6 million, up 20.8% from the prior year.
- Research & Development came in at $1.0 million for Q2 2026 at Greenfire Resources, up from $646805.4 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $1.2 million in Q1 2023 to a low of $33644.9 in Q4 2024.
- Average Research & Development over 5 years is $508529.0, with a median of $431792.2 recorded in 2024.
- Year-over-year, Research & Development sank 91.14% in 2024 and surged 920.91% in 2025.
- Over 5 years, Research & Development stood at $255635.9 in 2022, then jumped by 48.55% to $379754.9 in 2023, then slumped by 91.14% to $33644.9 in 2024, then surged by 920.91% to $343484.3 in 2025, then soared by 200.13% to $1.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $1.0 million in Q2 2026, $646805.4 in Q1 2026, and $343484.3 in Q4 2025.
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 | Greenfire Resources | 82.27 Mn | 80.13 Mn | 140.78 Mn | 1.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.03 Mn |
| Mar 31, 2026 | 646,805.45 |
| Dec 31, 2025 | 343,484.33 |
| Sep 30, 2025 | 265,948.41 |
| Jun 30, 2025 | 439,522.91 |
| Mar 31, 2025 | 511,536.69 |
| Dec 31, 2024 | 33,644.91 |
| Sep 30, 2024 | 461,823.65 |
| Jun 30, 2024 | 424,061.52 |
| Mar 31, 2024 | 411,130.72 |
| Dec 31, 2023 | 379,754.87 |
| Sep 30, 2023 | 384,900.12 |
| Jun 30, 2023 | 763,808.23 |
| Mar 31, 2023 | 1.17 Mn |
| Dec 31, 2022 | 255,635.92 |
| Sep 30, 2022 | 611,096.76 |