Chevron Corp (CVX) stock
CVXNYSEPetroleum RefiningFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 14/3011% above fair value
$219.89+3.54 (+1.64%)
Close on Nov 13, 2026Market cap $434.45BP/E 16.1Yield 3.11%
Chevron r&d expenses
Research and development expenses are spending on new products and technology.
For fiscal 2025 it was $427.00M, up 21.0% from the year before. Over ten years it grew -3.4% a year on average. The highest annual figure on record is $750.00M in fiscal 2013.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $427.00M | +21.0% |
| FY2024 | Dec 31, 2024 | $353.00M | +10.3% |
| FY2023 | Dec 31, 2023 | $320.00M | +19.4% |
| FY2022 | Dec 31, 2022 | $268.00M | 0.0% |
| FY2021 | Dec 31, 2021 | $268.00M | -38.4% |
| FY2020 | Dec 31, 2020 | $435.00M | -13.0% |
| FY2019 | Dec 31, 2019 | $500.00M | +10.4% |
| FY2018 | Dec 31, 2018 | $453.00M | +4.6% |
| FY2017 | Dec 31, 2017 | $433.00M | -9.0% |
| FY2016 | Dec 31, 2016 | $476.00M | -20.8% |
| FY2015 | Dec 31, 2015 | $601.00M | -15.0% |
| FY2014 | Dec 31, 2014 | $707.00M | -5.7% |
| FY2013 | Dec 31, 2013 | $750.00M | +15.7% |
| FY2012 | Dec 31, 2012 | $648.00M | +3.3% |
| FY2011 | Dec 31, 2011 | $627.00M | +19.2% |
| FY2010 | Dec 31, 2010 | $526.00M | -12.8% |
| FY2009 | Dec 31, 2009 | $603.00M | -14.1% |
| FY2008 | Dec 31, 2008 | $702.00M | – |
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