Stepan (SCL) Research & Development (2010 - 2026)
Stepan's (SCL) quarterly Research & Development came in at $5.2 million in Q4 2025, down 62.36% YoY from $13.8 million in Q4 2024, and down 63.5% on a QoQ basis from $14.2 million in Q3 2025.
Stepan (SCL) Research & Development (2010 - 2026) Analysis & Trends
Stepan (SCL) has 16 years of Research & Development data on file, last reported at $5.2 million in Q4 2025.
- Quarterly Research & Development fell 62.36% year-over-year to $5.2 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $48.8 million (down 12.41% YoY) and the FY2025 annual result came in at $48.8 million, down 12.41% from the prior year.
- Research & Development declined to $5.2 million in Q4 2025, from $14.2 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $20.7 million in Q4 2022 to a low of $5.2 million in Q4 2025.
- A 5-year average of $14.4 million and a median of $14.6 million in 2021 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2022 — Research & Development surged 39.04% — and 2025, when it slumped 62.36%.
- Tracing SCL's Research & Development over 5 years: stood at $14.9 million in 2021, then surged by 39.04% to $20.7 million in 2022, then retreated by 26.08% to $15.3 million in 2023, then dropped by 9.96% to $13.8 million in 2024, then slumped by 62.36% to $5.2 million in 2025.
- The last three Research & Development figures came in at $5.2 million (Q4 2025), $14.2 million (Q3 2025), and $14.7 million (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 37.00 Mn |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | - |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | - |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 21.50 Mn |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 107.00 Mn |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | - |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 34.00 Mn |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 170.00 Mn |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 42.00 Mn |
| 10 | Stepan | 1.46 Bn | 1.34 Bn | 99.98 Mn | 17.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.20 Mn |
| Dec 31, 2025 | 5.19 Mn |
| Sep 30, 2025 | 14.23 Mn |
| Jun 30, 2025 | 14.70 Mn |
| Mar 31, 2025 | 14.65 Mn |
| Dec 31, 2024 | 13.79 Mn |
| Sep 30, 2024 | 13.53 Mn |
| Jun 30, 2024 | 14.09 Mn |
| Mar 31, 2024 | 14.26 Mn |
| Dec 31, 2023 | 15.32 Mn |
| Sep 30, 2023 | 14.48 Mn |
| Jun 30, 2023 | 14.11 Mn |
| Mar 31, 2023 | 13.07 Mn |
| Dec 31, 2022 | 20.73 Mn |
| Sep 30, 2022 | 15.08 Mn |
| Jun 30, 2022 | 16.69 Mn |
| Mar 31, 2022 | 15.28 Mn |
| Dec 31, 2021 | 14.91 Mn |
| Sep 30, 2021 | 14.79 Mn |
| Jun 30, 2021 | 14.99 Mn |