Exxon Mobil (XOM) Research & Development (2009 - 2026)

Exxon Mobil's (XOM) quarterly Research & Development came in at $126.0 million in Q1 2026, up 96.88% year-on-year from $64.0 million in Q1 2025, and down 76.8% quarter-over-quarter from $543.0 million in Q4 2025.

Exxon Mobil (XOM) Research & Development (2009 - 2026) Analysis & Trends

Exxon Mobil has disclosed Research & Development across 18 years of filings, most recently posting $126.0 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $126.0 million, up 96.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 44.07% YoY), and the FY2025 annual result was $1.0 billion, up 21.91% from the prior year.
  • Research & Development came in at $126.0 million for Q1 2026 at Exxon Mobil, down from $543.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $543.0 million in Q4 2025 to a low of $64.0 million in Q1 2025.
  • The 5-year median for Research & Development is $173.0 million (2022), against an average of $219.7 million.
  • Across the five-year window, Research & Development sank 60.06% in 2023 and soared 191.94% in 2025, its largest moves.
  • Exxon Mobil's Research & Development stood at $348.0 million in 2022, then plunged 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 sank by 76.8% to $126.0 million in 2026.
  • The last three Research & Development figures came in at $126.0 million (Q1 2026), $543.0 million (Q4 2025), and $149.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -250.00 Mn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 126.00 Mn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -133.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 205.00 Mn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 8.75 Mn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 44.00 Mn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 1.27 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 2.19 Mn

Historic Data

Download Data
DateValue
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