Kimbell Royalty Partners (KRP) Research & Development (2016 - 2026)
Kimbell Royalty Partners (KRP) posted quarterly Research & Development of $5.2 million for Q1 2026, up 14.79% year-over-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.
- In Q1 2026, Research & Development rose 14.79% year-over-year to $5.2 million; the TTM figure through Mar 2026 stood at $17.0 million (up 5.95% YoY), while the FY2025 annual figure was $16.3 million, up 1.41% from the prior year.
- Research & Development for Q1 2026 stood at $5.2 million, up from $3.8 million in the prior quarter.
- The five-year high for Research & Development was $5.2 million in Q1 2026, with the low 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.
- The sharpest annual moves came in 2023 and 2024: Research & Development slipped 28.44% in 2023, then soared 65.2% in 2024.
- Kimbell Royalty Partners' Research & Development stood at $2.7 million in 2022, then grew by 23.48% to $3.4 million in 2023, then advanced by 21.72% to $4.1 million in 2024, then fell by 8.34% to $3.8 million in 2025, then soared by 36.72% to $5.2 million in 2026.
- Business Quant data shows KRP's Research & Development at $5.2 million in Q1 2026, $3.8 million in Q4 2025, and $5.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 163.55 Bn | 155.86 Bn | 12.81 Bn | 75.00 Mn |
| 2 | Canadian Natural Resources | 106.27 Bn | 104.37 Bn | 10.66 Bn | - |
| 3 | Eog Resources | 80.09 Bn | 75.19 Bn | - | 47.00 Mn |
| 4 | Diamondback Energy | 59.30 Bn | 58.83 Bn | 5.55 Bn | - |
| 5 | Devon Energy | 46.23 Bn | 45.22 Bn | 6.02 Bn | 16.00 Mn |
| 6 | Woodside Energy | 45.77 Bn | 39.83 Bn | 6.02 Bn | - |
| 7 | Occidental Petroleum | 39.39 Bn | 35.24 Bn | 7.73 Bn | 37.00 Mn |
| 8 | Eqt | 33.71 Bn | 33.60 Bn | 1.42 Bn | - |
| 9 | Texas Pacific Land | 25.43 Bn | 25.18 Bn | - | - |
| 10 | Kimbell Royalty Partners | 9.16 Mn | -35.77 Mn | - | 4.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.16 Mn |
| 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 |