R&D expense · 2015–2025
BP R&D expense
$274M−9.0% · FY2025
BP (BP) reported $274M in R&D expense for fiscal 2025, −9.0% year on year.
| Fiscal year | R&D expense | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $274M | −9.0% | Open → |
| FY20242024-12-31 | $301M | +1.0% | Open → |
| FY20232023-12-31 | $298M | +8.8% | Open → |
| FY20222022-12-31 | $274M | +3.0% | Open → |
| FY20212021-12-31 | $266M | −19.9% | Open → |
| FY20202020-12-31 | $332M | −8.8% | Open → |
| FY20192019-12-31 | $364M | −15.2% | Open → |
| FY20182018-12-31 | $429M | +9.7% | Open → |
| FY20172017-12-31 | $391M | −2.3% | Open → |
| FY20162016-12-31 | $400M | −4.3% | Open → |
| FY20152015-12-31 | $418M | — | Open → |
R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2015–2025 compound annual growth −4.1%
Figures are reported under IFRS, in US dollars.
R&D expense at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=BP R&D expense |url=https://companiesranked.com/en/company/bp/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). BP R&D expense. CompaniesRanked. https://companiesranked.com/en/company/bp/research-and-development-expenseBibTeX
@misc{companiesranked-en-company-bp-research-and-development-expense-2026,
author = {{CompaniesRanked}},
title = {{BP R\&D expense}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/bp/research-and-development-expense}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 20-F · 0000313807-26-000006 · March 6, 2026
{{cite web |title=BP R&D expense — 20-F (0000313807-26-000006) |url=https://www.sec.gov/Archives/edgar/data/313807/000031380726000006/bp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-06}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.