ExxonMobil Holdings (XOM) Research & Development (2009 - 2026)
ExxonMobil Holdings (XOM) posted Research & Development of $116 million for Q3 2026, down 22.1% from $149 million a year earlier and down 25.2% from the prior quarter.
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Analysis
ExxonMobil Holdings (XOM) Research & Development (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Research & Development at ExxonMobil Holdings was $940 million, up 44.6% 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%).
- The Q3 2026 figure stands as the lowest quarterly Research & Development since Q1 2025.
- On a year-over-year basis, Research & Development increased in four of the last eight quarters, with growth averaging 26.7%.
- 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 $155 million (Q2 2026), $126 million (Q1 2026) and $543 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 696.20 Bn | 661.07 Bn | 47.44 Bn | 116.00 Mn |
| 2 | Shell | 563.81 Bn | 425.16 Bn | - | - |
| 3 | Chevron | 432.14 Bn | 404.83 Bn | 31.26 Bn | 259.00 Mn |
| 4 | TotalEnergies SE | 200.31 Bn | 75.66 Bn | 31.61 Bn | 134.00 Mn |
| 5 | Eni Spa | 181.16 Bn | 124.34 Bn | - | - |
| 6 | Conocophillips | 168.32 Bn | 137.35 Bn | 12.63 Bn | 60.00 Mn |
| 7 | Equinor Asa | 107.41 Bn | 20.34 Bn | 4.49 Bn | 311.00 Mn |
| 8 | Canadian Natural Resources | 103.54 Bn | 97.44 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 103.32 Bn | 88.28 Bn | 10.69 Bn | - |
| 10 | Suncor Energy | 83.45 Bn | 69.02 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 116.00 Mn |
| 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 |
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();