EXXON MOBIL CORP R&D Expense 2008-2025 | XOM
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What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is EXXON MOBIL CORP's current r&d expense?
EXXON MOBIL CORP (XOM) annual r&d expense for 2025 was $1.20B, a 20.00% increase from 2024.
What was EXXON MOBIL CORP's r&d expense in 2024?
EXXON MOBIL CORP annual r&d expense for 2024 was $1.00B, a 11.11% increase from 2023.
What was EXXON MOBIL CORP's r&d expense in 2023?
EXXON MOBIL CORP annual r&d expense for 2023 was $900.0M, a 9.22% increase from 2022.
What is EXXON MOBIL CORP's 5-year r&d expense CAGR?
EXXON MOBIL CORP r&d expense grew at a compound annual growth rate (CAGR) of 3.38% from FY2020 to FY2025, going from $1.02B to $1.20B over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+3.4%
FY2020
$1.02B
→
FY2025
$1.20B
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5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $1.20B | +20.0% | 10-K |
| FY2024 | $1.00B | +11.1% | 10-K |
| FY2023 | $900.0M | +9.2% | 10-K |
| FY2022 | $824.0M | -2.3% | 10-K |
| FY2021 | $843.0M | -17.0% | 10-K |
| FY2020 | $1.02B | -16.3% | 10-K |
| FY2019 | $1.21B | +8.8% | 10-K |
| FY2018 | $1.12B | +5.0% | 10-K |
| FY2017 | $1.06B | +0.5% | 10-K |
| FY2016 | $1.06B | +5.0% | 10-K |
| FY2015 | $1.01B | +3.8% | 10-K |
| FY2014 | $971.0M | -7.0% | 10-K |
| FY2013 | $1.04B | +0.2% | 10-K |
| FY2012 | $1.04B | -0.2% | 10-K |
| FY2011 | $1.04B | +3.2% | 10-K |
| FY2010 | $1.01B | -3.6% | 10-K |
| FY2009 | $1.05B | +24.0% | 10-K |
| FY2008 | $847.0M | - | 10-K |
Company: EXXON MOBIL CORPTicker: XOMSector: EnergyIndustry: Petroleum RefiningView company profile →