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
DateValue
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