Phillips 66 (PSX) r&d spend was $6M in FY2025 (-60% 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
$6M
-60%
2024
$15M
-44%
2023
$27M
-36%
2022
$42M
-11%
2021
$47M
-2%
2020
$48M
-11%
2019
$54M
-2%
2018
$55M
-8%
2017
$60M
+0%
2016
$60M
-8%
2015
$65M
+5%
2014
$62M
-10%
2013
$69M
-1%
2012
$70M
+1%
2011
$69M
+23%
2010
$56M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q4 2025
$6M
Q4 2024
$15M
Q4 2023
$27M
Q4 2022
$42M
Q4 2021
$47M
Q4 2020
$48M
Q4 2019
$54M
Q4 2018
$55M
Q4 2017
$60M
Q4 2016
$60M
Q4 2015
$65M
Q4 2014
$62M
Source: PSX on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.