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| Date | Value |
|---|---|
| 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 |