Shell plc (RYDAF) stock
RYDAFOTCCrude Petroleum & Natural GasFiscal year ends December 31Also trades as SHEL
Financials through Q2 FY2026, quarter ended Jun 30, 2026Score 5/30
$52.00−0.11 (-0.21%)
Close on Oct 19, 2026Market cap $309.22BP/E –Yield –
Shell r&d expenses
Research and development expenses are spending on new products and technology.
Shell's R&D Expenses for the twelve months ending Jun 30, 2019 was $978.00M. For fiscal 2025 it was $1.17B, up 6.5% from the year before. Over ten years it grew 0.7% a year on average. The highest annual figure on record is $1.29B in fiscal 2023.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.17B | +6.5% |
| FY2024 | Dec 31, 2024 | $1.10B | -14.6% |
| FY2023 | Dec 31, 2023 | $1.29B | +19.7% |
| FY2022 | Dec 31, 2022 | $1.08B | +31.9% |
| FY2021 | Dec 31, 2021 | $815.00M | -10.1% |
| FY2020 | Dec 31, 2020 | $907.00M | -5.7% |
| FY2019 | Dec 31, 2019 | $962.00M | -2.4% |
| FY2018 | Dec 31, 2018 | $986.00M | +6.9% |
| FY2017 | Dec 31, 2017 | $922.00M | -9.1% |
| FY2016 | Dec 31, 2016 | $1.01B | -7.2% |
| FY2015 | Dec 31, 2015 | $1.09B | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $277.00M | +5.3% |
| Q1 FY2026 | Mar 31, 2026 | $167.00M | -21.2% |
| Q2 FY2025 | Jun 30, 2025 | $278.00M | -6.4% |
| Q1 FY2025 | Mar 31, 2025 | $185.00M | -26.9% |
| Q2 FY2024 | Jun 30, 2024 | $263.00M | -0.4% |
| Q1 FY2024 | Mar 31, 2024 | $212.00M | +12.2% |
| Q2 FY2023 | Jun 30, 2023 | $297.00M | +47.8% |
| Q1 FY2023 | Mar 31, 2023 | $253.00M | +52.4% |
| Q2 FY2022 | Jun 30, 2022 | $264.00M | +13.8% |
| Q1 FY2022 | Mar 31, 2022 | $189.00M | -22.2% |
| Q2 FY2021 | Jun 30, 2021 | $201.00M | -10.7% |
| Q1 FY2021 | Mar 31, 2021 | $166.00M | -21.7% |
| Q2 FY2020 | Jun 30, 2020 | $232.00M | -26.1% |
| Q1 FY2020 | Mar 31, 2020 | $243.00M | +7.0% |
| Q2 FY2019 | Jun 30, 2019 | $225.00M | -5.1% |
| Q1 FY2019 | Mar 31, 2019 | $212.00M | -18.5% |
| Q4 FY2018 | Dec 31, 2018 | $314.00M | +36.5% |
| Q3 FY2018 | Sep 30, 2018 | $227.00M | – |
| Q2 FY2018 | Jun 30, 2018 | $237.00M | – |
| Q4 FY2017 | Dec 31, 2017 | $260.00M | – |
| Q3 FY2017 | Sep 30, 2017 | $230.00M | – |