Operating Expenses

R&D

ConocoPhillips R&D remained flat by 0.0% to $19.50M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 3.7%, from $20.25M to $19.50M. Over 4 years (FY 2021 to FY 2025), R&D shows an upward trend with a 5.9% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ4 2025Feb 17, 2026

How to read this metric

Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.

Detailed definition

Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...

Peer comparison

Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.

Metric ID: research_and_development

Historical Data

5 years
 FY'21FY'22FY'23FY'24FY'25
Value$62.00M$71.00M$81.00M$81.00M$78.00M
YoY Change+14.5%+14.1%+0.0%-3.7%
Range$62.00M$81.00M
CAGR+5.9%
Avg YoY Growth+6.2%
Median YoY Growth+7.0%

R&D at Other Companies

Frequently Asked Questions

What is ConocoPhillips's r&d?
ConocoPhillips (COP) reported r&d of $19.50M in Q4 2025.
How has ConocoPhillips's r&d changed year-over-year?
ConocoPhillips's r&d decreased by 3.7% year-over-year, from $20.25M to $19.50M.
What is the long-term trend for ConocoPhillips's r&d?
Over 4 years (2021 to 2025), ConocoPhillips's r&d has grown at a 5.9% compound annual growth rate (CAGR), from $62.00M to $78.00M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.