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Equinor ASA

EQNRNYSEPetroleum RefiningFiscal year ends December 31Also trades as STOHF
Financials through Q4 FY2025, quarter ended Dec 31, 2025Score 4/30
$45.40−3.35 (-6.87%)

Close on Nov 2, 2026Market cap $113.51BP/E 23.4Yield 3.26%

Equinor ASA R&D Expense by Year

R&D Expense ($M) ($M)

Equinor ASA R&D Expense: $352M in FY2025, up 1.1% from a year earlier. That is the highest of the 11 years on record here.

Latest, FY2025
352
Period ended Dec 31, 2025
Change on a year earlier
+1.1%
348 in FY2024
History
11 years
Since FY2015
Sources
9
Documents cited below

Where the FY2025 figure comes from

Source: SEC 20-F (2026-03-19, 0001140625-26-000013) ↗

Reported in PostgreSQL DB (SEC XBRL) & Equinor 3Q26 Form 6-K.

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedR&D Expense ($M) ($M)Year on yearSource
FY2025Dec 31, 2025352+1.1%SEC 20-F (2026-03-19, 0001140625-26-000013) ↗
FY2024Dec 31, 2024348+11.9%SEC 20-F (2025-03-20, 0001140625-25-000062) ↗
FY2023Dec 31, 2023311+1.0%SEC 20-F (2024-03-21, 0001140625-24-000034) ↗
FY2022Dec 31, 2022308+5.8%SEC 20-F (2023-03-23, 0001140625-23-000036) ↗
FY2021Dec 31, 2021291+14.6%SEC 20-F (2022-03-18, 0001140625-22-000038) ↗
FY2020Dec 31, 2020254-15.3%SEC 20-F (2021-03-19, 0001140625-21-000006) ↗
FY2019Dec 31, 2019300-4.8%SEC 20-F (2020-03-20, 0001140625-20-000007) ↗
FY2018Dec 31, 2018315+2.6%SEC 20-F (2019-03-15, 0001140625-19-000013) ↗
FY2017Dec 31, 2017307+3.0%SEC 20-F (2018-03-23, 0001140625-18-000007) ↗
FY2016Dec 31, 2016298-13.4%SEC 20-F (2018-03-23, 0001140625-18-000007) ↗
FY2015Dec 31, 2015344–SEC 20-F (2018-03-23, 0001140625-18-000007) ↗

Cite this data

StockData. (2026). Equinor ASA R&D Expense ($M), annual FY2015–FY2025 [Data set]. Compiled from Equinor ASA SEC filings and investor materials. https://stockdatahq.com/stocks/eqnr/kpis/db-rd-annual

See every metric in the Equinor ASA KPI table. Data updated Nov 1, 2026.