ExxonMobil Holdings (XOM) Research & Development (2009 - 2026)
ExxonMobil Holdings (XOM) posted Research & Development of $155 million for Q2 2026, down 38.2% from $251 million a year earlier but up 23.0% from the prior quarter.
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Analysis
ExxonMobil Holdings (XOM) Research & Development (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at ExxonMobil Holdings was $973 million, up 15.8% year-over-year; for FY2025, it came in at $1.01 billion, up 21.9% from FY2024.
- Annual Research & Development shows a five-year compound annual growth rate of -4.8% (FY2020 to FY2025).
- In prior years, ExxonMobil Holdings' Research & Development was $826 million in FY2024 (+10.0%), $751 million in FY2023 (-26.7%), $1.03 billion in FY2022 (-2.8%) and $1.05 billion in FY2021 (-18.0%).
- Quarterly Research & Development has run from a low of $64 million in Q1 2025 to a high of $543 million in Q4 2025 over five years.
- On a year-over-year basis, Research & Development increased in five of the last eight quarters, with growth averaging 29.5%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q4 2025, with growth of 191.9%; the weakest was Q4 2023, with a decline of 60.1%.
- According to Business Quant data, Research & Development for the three prior quarters was $126 million (Q1 2026), $543 million (Q4 2025) and $149 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 155.00 Mn |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | 256.00 Mn |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 277.00 Mn |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 95.00 Mn |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 75.00 Mn |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | -189.00 Mn |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | - |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | - |
| 10 | Suncor Energy | 94.71 Bn | 80.45 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 155.00 Mn |
| 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 |
API Access
ExxonMobil Holdings 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=XOM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "XOM", "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=XOM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();