Greenfire Resources (GFR) Research & Development (2022 - 2026)

Greenfire Resources (GFR) posted quarterly Research & Development of $646805.4 for Q1 2026, up 26.44% year-on-year from $511536.7 in Q1 2025, and up 143.21% on a QoQ basis from $265948.4 in Q3 2025.

Greenfire Resources (GFR) Research & Development (2022 - 2026) Analysis & Trends

Greenfire Resources (GFR) has reported Research & Development for 5 consecutive years, with $646805.4 the latest figure, recorded in Q1 2026.

  • Quarterly Research & Development rose 26.44% year-over-year to $646805.4 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.9 million (up 3.06% YoY) and the FY2023 annual result came in at $2.9 million, up 103.39% from the prior year.
  • Research & Development grew to $646805.4 in Q1 2026 per GFR's latest filing, from $265948.4 in the prior quarter.
  • Over the last five years, Research & Development for GFR reached as high as $1.2 million in Q1 2023 and fell as low as $255635.9 in Q4 2022.
  • A 5-year average of $517572.6 and a median of $439522.9 in 2025 frame the typical range for Research & Development.
  • Annual changes were most pronounced in 2023 — Research & Development soared 48.55% — and 2024, when it tumbled 64.93%.
  • Year by year, Research & Development stood at $255635.9 in 2022, then soared by 48.55% to $379754.9 in 2023, then rose by 21.61% to $461823.6 in 2024, then plunged by 42.41% to $265948.4 in 2025, then soared by 143.21% to $646805.4 in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $646805.4, $265948.4, and $439522.9 for Q1 2026, Q3 2025, and Q2 2025 respectively.

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 Greenfire Resources 777.55 Mn 777.15 Mn 35.29 Mn 646,805.45

Historic Data

Download Data
DateValue
Mar 31, 2026 646,805.45
Sep 30, 2025 265,948.41
Jun 30, 2025 439,522.91
Mar 31, 2025 511,536.69
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