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.
Higher spending signals a commitment to innovation and future product launches, whereas significant cuts may indicate a shift toward short-term profitability.
Research and development expenses represent the costs incurred to discover new products, improve existing technologies,...
Highly comparable across pharmaceutical and medical device peers, where R&D intensity is a key metric for long-term valuation.
research_and_development| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $62.00M | $71.00M | $81.00M | $81.00M | $78.00M |
| YoY Change | — | +14.5% | +14.1% | +0.0% | -3.7% |