Shell Research and Development Expenses 2012-2026 | SHEL

Shell annual/quarterly research and development expenses history and growth rate from 2012 to 2026. Research and development expenses can be defined as an expense arising from studies and product development processes.
  • Shell research and development expenses for the quarter ending March 31, 2026 were $167M, a 9.73% decline year-over-year.
  • Shell research and development expenses for the twelve months ending March 31, 2026 were $1.152B, a 7.46% increase year-over-year.
  • Shell annual research and development expenses for 2025 were $1.17B, a 6.46% increase from 2024.
  • Shell annual research and development expenses for 2024 were $1.099B, a 14.61% decline from 2023.
  • Shell annual research and development expenses for 2023 were $1.287B, a 19.72% increase from 2022.
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Shell Annual Research and Development Expenses
(Millions of US $)
2025 $1,170
2024 $1,099
2023 $1,287
2022 $1,075
2021 $815
2020 $907
2019 $962
2018 $986
2017 $922
2016 $1,014
2015 $1,093
2014 $1,222
2013 $1,318
2012 $1,307
2011 $1,123
Shell Quarterly Research and Development Expenses
(Millions of US $)
2026-03-31 $167
2025-12-31 $298
2025-09-30 $409
2025-06-30 $278
2025-03-31 $185
2024-12-31 $330
2024-09-30 $294
2024-06-30 $263
2024-03-31 $212
2023-12-31 $470
2023-09-30 $267
2023-06-30 $297
2023-03-31 $253
2022-12-31 $402
2022-09-30 $220
2022-06-30 $264
2022-03-31 $189
2021-12-31 $303
2021-09-30 $145
2021-06-30 $201
2021-03-31 $166
2020-12-31 $199
2020-09-30 $233
2020-06-30 $232
2020-03-31 $243
2019-12-31 $306
2019-09-30 $219
2019-06-30 $225
2019-03-31 $212
2018-12-31 $314
2018-09-30 $227
2018-06-30 $237
2018-03-31 $208
2017-12-31 $260
2017-09-30 $230
2017-06-30 $220
2017-03-31 $212
2016-12-31 $280
2016-09-30 $248
2016-06-30 $243
2016-03-31 $243
2015-12-31 $297
2015-09-30 $291
2015-06-30 $252
2015-03-31 $253
2014-12-31 $363
2014-09-30 $302
2014-06-30 $274
2014-03-31 $283
2013-12-31 $428
2013-09-30 $291
2013-06-30 $305
2013-03-31 $294
2012-12-31 $416
2012-09-30 $310
2012-06-30 $287
2012-03-31 $294
2011-12-31 $404
2011-09-30 $253
2011-06-30 $249
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - International Integrated $261.128B $273.731B
Shell plc operates as an energy and petrochemical company. It explores for and extracts crude oil, natural gas and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products. Shell plc, formerly known as Royal Dutch Shell plc, is based in The Hague, the Netherlands.
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