Vale S.A. (VALE) stock
VALENYSEMetal MiningFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Score 3/30
$11.28−0.30 (-2.59%)
Close on Nov 12, 2026Market cap $48.15BP/E –Yield –
Vale r&d expenses
Research and development expenses are spending on new products and technology.
Vale's R&D Expenses for the twelve months ending Dec 31, 2012 was $1.48B, down 11.7% year over year. For fiscal 2025 it was $693.00M, down 12.3% from the year before. Over ten years it grew 5.8% a year on average. The highest annual figure on record is $1.67B in fiscal 2011.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $693.00M | -12.3% |
| FY2024 | Dec 31, 2024 | $790.00M | +9.3% |
| FY2023 | Dec 31, 2023 | $723.00M | +9.5% |
| FY2022 | Dec 31, 2022 | $660.00M | +20.2% |
| FY2021 | Dec 31, 2021 | $549.00M | +32.3% |
| FY2020 | Dec 31, 2020 | $415.00M | +0.5% |
| FY2019 | Dec 31, 2019 | $413.00M | +10.7% |
| FY2018 | Dec 31, 2018 | $373.00M | +9.7% |
| FY2017 | Dec 31, 2017 | $340.00M | +6.6% |
| FY2016 | Dec 31, 2016 | $319.00M | -19.2% |
| FY2015 | Dec 31, 2015 | $395.00M | -73.3% |
| FY2012 | Dec 31, 2012 | $1.48B | -11.7% |
| FY2011 | Dec 31, 2011 | $1.67B | +90.7% |
| FY2010 | Dec 31, 2010 | $878.00M | -10.5% |
| FY2009 | Dec 31, 2009 | $981.00M | -9.6% |
| FY2008 | Dec 31, 2008 | $1.09B | +48.0% |
| FY2007 | Dec 31, 2007 | $733.00M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | $185.00M | +22.5% |
| Q2 FY2025 | Jun 30, 2025 | $159.00M | +12.8% |
| Q2 FY2024 | Jun 30, 2024 | $189.00M | +110.0% |
| Q2 FY2023 | Jun 30, 2023 | -$165.00M | -283.3% |
| Q2 FY2022 | Jun 30, 2022 | $151.00M | -67.2% |
| Q2 FY2021 | Jun 30, 2021 | $141.00M | -60.8% |
| Q2 FY2020 | Jun 30, 2020 | $90.00M | -74.9% |
| Q2 FY2019 | Jun 30, 2019 | $90.00M | -69.9% |
| Q4 FY2012 | Dec 31, 2012 | $460.00M | -13.0% |
| Q3 FY2012 | Sep 30, 2012 | $360.00M | -18.2% |
| Q2 FY2012 | Jun 30, 2012 | $359.00M | -1.1% |
| Q1 FY2012 | Mar 31, 2012 | $299.00M | -12.6% |
| Q4 FY2011 | Dec 31, 2011 | $529.00M | +75.7% |
| Q3 FY2011 | Sep 30, 2011 | $440.00M | +103.7% |
| Q2 FY2011 | Jun 30, 2011 | $363.00M | +92.1% |
| Q1 FY2011 | Mar 31, 2011 | $342.00M | +98.8% |
| Q4 FY2010 | Dec 31, 2010 | $301.00M | +1.7% |
| Q3 FY2010 | Sep 30, 2010 | $216.00M | -6.5% |
| Q2 FY2010 | Jun 30, 2010 | $189.00M | -28.7% |
| Q1 FY2010 | Mar 31, 2010 | $172.00M | – |
| Q4 FY2009 | Dec 31, 2009 | $296.00M | – |
| Q3 FY2009 | Sep 30, 2009 | $231.00M | – |
| Q2 FY2009 | Jun 30, 2009 | $265.00M | – |
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