Exxon Mobil research and development costs
Research and Development Costs of Exxon Mobil 1998-2021
Amounts are in $millions.
Year | R&D Expenses ($mn) |
---|---|
2021 | $843 |
2020 | $1,016 |
2019 | $1,214 |
2018 | $ 1,116 |
2017 | $ 1,063 |
2016 | $ 1,058 |
2015 | $ 1,008 |
2014 | $ 971 |
2013 | $ 1,044 |
2012 | $ 1,042 |
2011 | $ 1,044 |
2010 | $ 1,012 |
2009 | $ 1,050 |
2008 | $ 847 |
2007 | $ 814 |
2006 | $ 733 |
2005 | $ 712 |
2004 | $ 649 |
2003 | $ 618 |
2002 | $ 631 |
2001 | $ 603 |
2000 | $ 564 |
1999 | $ 630 |
1998 | $ 753 |
In 2021, the research and development expenses of Exxon Mobil were $843 million compared to $1,016 million in 2020.
Exxon Mobil spent $1,016 million on research and development in 2020 compared to $1,214 million in 2019.
The research and development expenses of Exxon Mobil grew to $1,116 million in 2018 from $1,063 million in 2017.