Vermilion Energy (VET) Research & Development (2010 - 2026)
Vermilion Energy (VET) reported Research & Development of -$316475.3 for Q1 2026, up 96.9% year-over-year from -$160727.8 in Q1 2025, and up 43.51% quarter-over-quarter from -$560235.6 in Q3 2025.
Vermilion Energy (VET) Research & Development (2010 - 2026) Analysis & Trends
Vermilion Energy (VET) has 17 years of Research & Development data on file, last reported at -$316475.3 in Q1 2026.
- Research & Development for Q1 2026 came in at -$316475.3, up 96.9% year-over-year; the trailing twelve-month figure through Mar 2026 was -$14.2 million (up 99.94% YoY), and the FY2025 annual result was -$17.7 billion, down 108.08% from the prior year.
- Research & Development grew to -$316475.3 in Q1 2026 per VET's latest filing, from -$560235.6 in the prior quarter.
- Over five years, Research & Development peaked at -$316475.3 in Q1 2026 and troughed at -$24.2 billion in Q4 2024.
- A 5-year average of -$4.6 billion and a median of -$1.3 billion in 2024 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 99.92% in 2023 and fell as far as 75403.9% in 2023.
- A 5-year view of Research & Development shows it stood at -$6.1 billion in 2022, then tumbled by 243.51% to -$21.1 billion in 2023, then fell by 14.58% to -$24.2 billion in 2024, then surged by 100.0% to -$560235.6 in 2025, then surged by 43.51% to -$316475.3 in 2026.
- Business Quant data shows VET's Research & Development at -$316475.3 in Q1 2026, -$560235.6 in Q3 2025, and -$3.1 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Woodside Energy | 631.53 Bn | 625.59 Bn | - | - |
| 2 | Canadian Natural Resources | 402.73 Bn | 402.73 Bn | 6.72 Bn | - |
| 3 | Conocophillips | 145.39 Bn | 139.02 Bn | 9.48 Bn | 109.00 Mn |
| 4 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 45.00 Mn |
| 5 | Occidental Petroleum | 57.00 Bn | 53.82 Bn | 4.87 Bn | 110.00 Mn |
| 6 | Diamondback Energy | 56.03 Bn | 62.20 Bn | 4.22 Bn | - |
| 7 | Vista Energy, S.A.B. de C.V | 36.26 Bn | 35.65 Bn | 472.36 Mn | - |
| 8 | Eqt | 33.02 Bn | 36.36 Bn | 2.98 Bn | 430,000.00 |
| 9 | Vermilion Energy | 32.76 Bn | 32.57 Bn | 370.10 Mn | -316,475.27 |
| 10 | Devon Energy | 27.78 Bn | 27.78 Bn | 3.61 Bn | 25.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -316,475.27 |
| Sep 30, 2025 | -560,235.59 |
| Jun 30, 2025 | -3.07 Mn |
| Mar 31, 2025 | -10.21 Mn |
| Dec 31, 2024 | -24.15 Bn |
| Sep 30, 2024 | -1.80 Mn |
| Jun 30, 2024 | -1.26 Bn |
| Mar 31, 2024 | -8.14 Bn |
| Dec 31, 2023 | -21.08 Bn |
| Sep 30, 2023 | -4.65 Mn |
| Jun 30, 2023 | -2.78 Bn |
| Mar 31, 2023 | -1.49 Bn |
| Sep 30, 2022 | -6.14 Bn |
| Jun 30, 2022 | -3.67 Bn |
| Mar 31, 2022 | -1.98 Mn |
| Dec 31, 2021 | -26.81 Bn |
| Sep 30, 2021 | -3.28 Bn |
| Jun 30, 2021 | -1.47 Bn |
| Mar 31, 2021 | -3.04 Mn |
| Sep 30, 2020 | -1.18 Mn |