Company / R&D Expense
ExxonMobil R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.2B
FY2025
5-year range
$900.0M / $1.2B
FY2021-FY2025
Trend
+20.0%
vs FY2024
Sector context
#1 of 13
Energy
What the data says
Among 13 Energy companies, ExxonMobil is in the top 8% for r&d expense. Improved from $900M to $1.2B over the past 2 years.
Based on SEC 10-K filings.
$1.2B in FY2025 with a 5-year CAGR of +1.5%. Ranks 1st among 13 companies in Energy.
Improved from $900M to $1.2B over the past 2 years.
Energy sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +5.7%
- 5-Year CAGR
- +1.5%
- 10-Year CAGR
- -
Sector benchmark
Top 8% in EnergyTop 8% of 13This company $1.2B Sector average $286.9M
▼
+318.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +1.5%, indicating consistent growth.
- In FY2025, r&d expense increased 20.0% year-over-year.
- Ranks #1 out of 13 companies in the Energy sector.
- Peak r&d expense was recorded in FY2021.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.2B | +20.0% |
| FY2024 | $1.0B | +11.1% |
| FY2023 | $900.0M | -11.4% |
| FY2022 | $1.0B | -16.3% |
| FY2021 | $1.2B | +8.8% |
| FY2020 | $1.1B | +5.0% |
| FY2019 | $1.1B | +0.5% |
| FY2018 | $1.1B | +5.0% |
| FY2017 | $1.0B | +3.8% |
| FY2016 | $971.0M | -7.0% |
As of FY2025 · SEC Form 10-K · Last checked Jul 2, 2026