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| 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 |