Chevron (CVX) r&d spend was $427M in FY2025 (+21% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$427M
+21%
2024
$353M
+10%
2023
$320M
+19%
2022
$268M
+0%
2021
$268M
-38%
2020
$435M
-13%
2019
$500M
+10%
2018
$453M
+5%
2017
$433M
-9%
2016
$476M
-21%
2015
$601M
-15%
2014
$707M
-6%
2013
$750M
+16%
2012
$648M
+3%
2011
$627M
+19%
2010
$526M
-13%
2009
$603M
-14%
2008
$702M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$427M
Q4 2024
$353M
Q4 2023
$320M
Q4 2022
$268M
Q4 2021
$268M
Q4 2020
$435M
Q4 2019
$500M
Q4 2018
$453M
Q4 2017
$433M
Q4 2016
$476M
Q4 2015
$601M
Q4 2014
$707M
Source: CVX on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.