Tamboran Resources (TBN) Research & Development (2023 - 2026)
Tamboran Resources' Research & Development was $670,000 in fiscal Q3 2026 (quarter ended Mar 31, 2026), down 66.1% from $1.98 million a year earlier but up 57.3% from the prior quarter.
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Analysis
Tamboran Resources (TBN) Research & Development (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tamboran Resources' Research & Development was $2.6 million through Mar 31, 2026, down 52.0% year-over-year; for FY2025 (ended Jun 30, 2025), it came in at $6.04 million, up 179.2% from FY2024.
- In earlier fiscal years, Research & Development was $2.16 million in FY2024.
- Quarterly Research & Development has moved between -$802,716 (fiscal Q4 2024) and $3.23 million (fiscal Q2 2025) over five years.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with an average decline of 28.7% over the last five quarters.
- Per Business Quant data, TBN's Research & Development in the three fiscal quarters before Q3 2026 was $426,000 (Q2 2026), $682,000 (Q1 2026) and $824,141 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 277.00 Mn |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 256.00 Mn |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | -95.00 Mn |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | -189.00 Mn |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | - |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 17.00 Mn |
| 10 | Tamboran Resources | 758.67 Mn | 758.67 Mn | - | 670,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 670,000.00 |
| Dec 31, 2025 | 426,000.00 |
| Sep 30, 2025 | 682,000.00 |
| Jun 30, 2025 | 824,141.00 |
| Mar 31, 2025 | 1.98 Mn |
| Dec 31, 2024 | 3.23 Mn |
| Sep 30, 2024 | 1.01 Mn |
| Jun 30, 2024 | -802,716.00 |
| Mar 31, 2024 | -422,861.00 |
| Dec 31, 2023 | 2.48 Mn |
| Sep 30, 2023 | 904,864.00 |
API Access
Tamboran Resources Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TBN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TBN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TBN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();