Operating Expenses

R&D

LyondellBasell Industries N.V. R&D increased by 9.1% to $36.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.9%, from $34.00M to $36.00M. Over 4 years (FY 2021 to FY 2025), R&D shows relatively stable performance with a 2.3% CAGR.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2014
Last reportedQ1 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

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$32.00M$30.00M$33.00M$32.00M$32.00M$31.00M$29.00M$33.00M$32.00M$31.00M$34.00M$32.00M$33.00M$31.00M$39.00M$34.00M$35.00M$34.00M$33.00M$36.00M
QoQ Change-6.3%+10.0%-3.0%+0.0%-3.1%-6.5%+13.8%-3.0%-3.1%+9.7%-5.9%+3.1%-6.1%+25.8%-12.8%+2.9%-2.9%-2.9%+9.1%
YoY Change+0.0%+3.3%-12.1%+3.1%+0.0%+0.0%+17.2%-3.0%+3.1%+0.0%+14.7%+6.3%+6.1%+9.7%-15.4%+5.9%
Range$29.00M$39.00M
CAGR+2.5%
Avg YoY Growth+2.4%
Median YoY Growth+3.1%

Frequently Asked Questions

What is LyondellBasell Industries N.V.'s r&d?
LyondellBasell Industries N.V. (LYB) reported r&d of $36.00M in Q1 2026.
How has LyondellBasell Industries N.V.'s r&d changed year-over-year?
LyondellBasell Industries N.V.'s r&d increased by 5.9% year-over-year, from $34.00M to $36.00M.
What is the long-term trend for LyondellBasell Industries N.V.'s r&d?
Over 4 years (2021 to 2025), LyondellBasell Industries N.V.'s r&d has grown at a 2.3% compound annual growth rate (CAGR), from $124.00M to $136.00M.
What does r&d mean?
The money spent on creating new products or improving existing ones to drive future growth.