Kimbell Royalty Partners (KRP) Research & Development (2016 - 2026)
Kimbell Royalty Partners (KRP) posted Research & Development of $4.2 million for Q2 2026, down 19.45% on a QoQ basis from $5.2 million in Q1 2026, and up 38.03% year-over-year from $3.0 million in Q2 2025.
Analysis
Kimbell Royalty Partners (KRP) Research & Development (2016 - 2026) Analysis & Trends
Kimbell Royalty Partners has reported Research & Development for 11 years, with the latest figure at $4.2 million in Q2 2026.
- On a quarterly basis, Research & Development rose 38.03% year-over-year to $4.2 million in Q2 2026; TTM through Jun 2026 was $18.2 million, a 19.11% increase from a year earlier, with the FY2025 full-year figure at $16.3 million, up 1.41% from the prior year.
- Research & Development was $4.2 million for Q2 2026 at Kimbell Royalty Partners, down from $5.2 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.
- Average Research & Development over 5 years is $3.8 million, with a median of $3.7 million recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development declined 28.44% in 2023, then surged 65.2% in 2024.
- Over 5 years, Research & Development stood at $2.7 million in 2022, then rose by 23.48% to $3.4 million in 2023, then grew by 21.72% to $4.1 million in 2024, then decreased by 8.34% to $3.8 million in 2025, then gained by 10.13% to $4.2 million in 2026.
- The last three Research & Development figures came in at $4.2 million (Q2 2026), $5.2 million (Q1 2026), and $3.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Viper Energy | 8.76 Bn | 8.68 Bn | - | - |
| 2 | Black Stone Minerals | 3.18 Bn | 3.17 Bn | - | 4.83 Mn |
| 3 | Natural Resource Partners | 1.49 Bn | 1.46 Bn | 47.24 Mn | - |
| 4 | Kimbell Royalty Partners | 1.46 Bn | 1.42 Bn | - | 4.16 Mn |
| 5 | Dorchester Minerals | 1.43 Bn | 1.36 Bn | - | - |
| 6 | Evolution Petroleum | 126.62 Mn | 121.58 Mn | 7.21 Mn | - |
| 7 | Altex Industries | 1.90 Mn | 1.90 Mn | - | - |
| 8 | Mentor Capital | 757,270.28 | 21,452.28 | 65,595.00 | - |
| 9 | Leopard Energy | 165,479.20 | 149,827.20 | 1,715.00 | - |
Historic Data
Download Data
Historic 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 |