Exxon Mobil (XOM) Research & Development (2009 - 2026)
Exxon Mobil (XOM) posted Research & Development of $126.0 million for Q1 2026, down 76.8% sequentially from $543.0 million in Q4 2025, and up 96.88% YoY from $64.0 million in Q1 2025.
Exxon Mobil (XOM) Research & Development (2009 - 2026) Analysis & Trends
Exxon Mobil (XOM) has 18 years of Research & Development data on file, last reported at $126.0 million in Q1 2026.
- Quarterly Research & Development rose 96.88% year-over-year to $126.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 44.07% YoY) and the FY2025 annual result came in at $1.0 billion, up 21.91% from the prior year.
- Research & Development slipped to $126.0 million in Q1 2026 per XOM's latest filing, from $543.0 million in the prior quarter.
- The five-year high for Research & Development was $543.0 million in Q4 2025, with the low at $64.0 million in Q1 2025.
- Average Research & Development over 5 years is $219.7 million, with a median of $173.0 million recorded in 2022.
- Year-over-year, Research & Development tumbled 60.06% in 2023 and jumped 191.94% in 2025.
- Exxon Mobil's Research & Development stood at $348.0 million in 2022, then sank by 60.06% to $139.0 million in 2023, then soared by 33.81% to $186.0 million in 2024, then jumped by 191.94% to $543.0 million in 2025, then slumped by 76.8% to $126.0 million in 2026.
- Business Quant data shows XOM's Research & Development at $126.0 million in Q1 2026, $543.0 million in Q4 2025, and $149.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | 126.00 Mn |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | -250.00 Mn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 44.00 Mn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -133.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 205.00 Mn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | -152.00 Mn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | - |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | - |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 126.00 Mn |
| Dec 31, 2025 | 543.00 Mn |
| Sep 30, 2025 | 149.00 Mn |
| Jun 30, 2025 | 251.00 Mn |
| Mar 31, 2025 | 64.00 Mn |
| Dec 31, 2024 | 186.00 Mn |
| Sep 30, 2024 | 339.00 Mn |
| Jun 30, 2024 | 153.00 Mn |
| Mar 31, 2024 | 148.00 Mn |
| Dec 31, 2023 | 139.00 Mn |
| Sep 30, 2023 | 338.00 Mn |
| Jun 30, 2023 | 133.00 Mn |
| Mar 31, 2023 | 141.00 Mn |
| Dec 31, 2022 | 348.00 Mn |
| Sep 30, 2022 | 218.00 Mn |
| Jun 30, 2022 | 286.00 Mn |
| Mar 31, 2022 | 173.00 Mn |
| Dec 31, 2021 | 524.00 Mn |
| Sep 30, 2021 | 190.00 Mn |
| Jun 30, 2021 | 176.00 Mn |