Kimbell Royalty Partners (KRP) Research & Development (2016 - 2026)
Kimbell Royalty Partners' (KRP) quarterly Research & Development came in at $5.2 million in Q1 2026, up 14.79% year-on-year from $4.5 million in Q1 2025, and up 36.72% quarter-over-quarter from $3.8 million in Q4 2025.
Kimbell Royalty Partners (KRP) Research & Development (2016 - 2026) Analysis & Trends
Kimbell Royalty Partners' Research & Development history runs 11 years deep, the most recent figure standing at $5.2 million for Q1 2026.
- On a quarterly basis, Research & Development rose 14.79% year-over-year to $5.2 million in Q1 2026; TTM through Mar 2026 was $17.0 million, a 5.95% increase from a year earlier, with the FY2025 full-year figure at $16.3 million, up 1.41% from the prior year.
- Research & Development rose to $5.2 million in Q1 2026 per KRP's latest filing, from $3.8 million in the prior quarter.
- Across five years, Research & Development topped out at $5.2 million in Q1 2026 and bottomed at $2.7 million in Q4 2022.
- The 5-year median for Research & Development is $3.6 million (2024), against an average of $3.7 million.
- Across the five-year window, Research & Development fell 28.44% in 2023 and soared 65.2% in 2024, its largest moves.
- Year by year, Research & Development stood at $2.7 million in 2022, then increased by 23.48% to $3.4 million in 2023, then climbed by 21.72% to $4.1 million in 2024, then retreated by 8.34% to $3.8 million in 2025, then jumped by 36.72% to $5.2 million in 2026.
- Per Business Quant, the three latest KRP Research & Development figures stand at $5.2 million (Q1 2026), $3.8 million (Q4 2025), and $5.1 million (Q3 2025).
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 | Kimbell Royalty Partners | 1.75 Bn | 1.71 Bn | - | 5.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.17 Mn |
| Dec 31, 2025 | 3.78 Mn |
| Sep 30, 2025 | 5.05 Mn |
| Jun 30, 2025 | 3.02 Mn |
| Mar 31, 2025 | 4.50 Mn |
| Dec 31, 2024 | 4.12 Mn |
| Sep 30, 2024 | 3.61 Mn |
| Jun 30, 2024 | 3.83 Mn |
| Mar 31, 2024 | 4.56 Mn |
| Dec 31, 2023 | 3.39 Mn |
| Sep 30, 2023 | 3.51 Mn |
| Jun 30, 2023 | 2.91 Mn |
| Mar 31, 2023 | 2.76 Mn |
| Dec 31, 2022 | 2.74 Mn |
| Sep 30, 2022 | 3.07 Mn |
| Jun 30, 2022 | 4.06 Mn |
| Mar 31, 2022 | 3.51 Mn |
| Dec 31, 2021 | 3.21 Mn |
| Sep 30, 2021 | 3.00 Mn |
| Jun 30, 2021 | 2.55 Mn |