Tamboran Resources (TBN) Research & Development (2023 - 2026)
Tamboran Resources' Research & Development was $1.03 million in fiscal Q1 2027 (quarter ended Sep 30, 2026), up 51.5% from $682,000 a year earlier but down 33.7% from the prior quarter.
Tamboran Resources (TBN) Research & Development (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Tamboran Resources' Research & Development was $3.69 million through Sep 30, 2026, down 45.1% year-over-year; for FY2026 (ended Jun 30, 2026), it came in at $3.34 million, down 44.7% from FY2025.
- Research & Development shows a three-year compound annual growth rate of 6.1% (FY2023 to FY2026).
- In earlier fiscal years, Research & Development was $6.04 million in FY2025 (+179.2%), $2.16 million in FY2024 (-22.6%) and $2.79 million in FY2023.
- 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 was higher in three of the last six quarters, with an average decline of 2.4%.
- Per Business Quant data, TBN's Research & Development in the three fiscal quarters before Q1 2027 was $1.56 million (Q4 2026), $670,000 (Q3 2026) and $426,000 (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 116.00 Mn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 259.00 Mn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 134.00 Mn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 60.00 Mn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 311.00 Mn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | - |
| 10 | Tamboran Resources | 1.02 Bn | 676.87 Mn | - | 1.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.03 Mn |
| Jun 30, 2026 | 1.56 Mn |
| Mar 31, 2026 | 670,000.00 |
| Dec 31, 2025 | 426,000.00 |
| Sep 30, 2025 | 682,000.00 |
| Jun 30, 2025 | 824,000.00 |
| 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 |
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();