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NewMarket NEU Petroleum Additives — Research, development, and testing expenses
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Where this comes from
Reported directly by NewMarket in its filing.
Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.
The source filing: NewMarket’s 10-Q, filed July 30, 2026.
- Filed
- Jul 30, 2026, 8:42 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001282637-26-000016
| (in thousands) | Second Quarter Ended June 30, 2026 | Second Quarter Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Petroleum additives | ||||
| Net sales | $675,573 | $653,875 | $1,285,391 | $1,299,429 |
| Cost of goods sold | (463,188) | (448,474) | (872,626) | (886,220) |
| Research, development, and testing expenses | (30,388) | (32,374) | (62,024) | (65,550) |
| Other segment items | (32,627) | (33,192) | (66,372) | (65,717) |
| Petroleum additives segment operating profit | 149,370 | 139,835 | 284,369 | 281,942 |
| Specialty materials | ||||
| Net sales | 67,165 | 42,037 | 125,306 | 95,758 |
Item 1. Financial Statements (unaudited)
FAQ
- What is NewMarket's petroleum additives — research, development, and testing expenses?
- NewMarket (NEU) reported petroleum additives — research, development, and testing expenses of -$30.39M in Q2 2026.
- How has NewMarket's petroleum additives — research, development, and testing expenses changed year-over-year?
- NewMarket's petroleum additives — research, development, and testing expenses increased by 6.1% year-over-year, from -$32.37M to -$30.39M.
- What is the long-term trend for NewMarket's petroleum additives — research, development, and testing expenses?
- Over 3 years (2022 to 2025), NewMarket's petroleum additives — research, development, and testing expenses has grown at a -2.0% compound annual growth rate (CAGR), from -$140.25M to -$132.09M.
- What does petroleum additives — research, development, and testing expenses mean?
- This metric tracks the investment in research, development, and testing activities dedicated to innovating and improving petroleum additive formulations. It reflects the company's commitment to maintaining a competitive edge through technological advancement and product performance enhancements. High levels of expenditure indicate a focus on long-term product differentiation and market leadership.
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