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Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Research and Development
$507 Mil (TTM As of Jun. 2016)

This is the expense the company spent on research and development. Petroleo Brasileiro SA Petrobras's research and development for the three months ended in Jun. 2016 was $144 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2016 was $507 Mil.


Definition

This is the expense the company spent on research and development.

Petroleo Brasileiro SA Petrobras Research & Development for the trailing twelve months (TTM) ended in Jun. 2016 was 157 (Sep. 2015 ) + 77 (Dec. 2015 ) + 129 (Mar. 2016 ) + 144 (Jun. 2016 ) = $507 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Related Terms

Gross Profit


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Petroleo Brasileiro SA Petrobras Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Research & Development 7308819416819934,0841,1431,1321,099630

Petroleo Brasileiro SA Petrobras Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
Research & Development 25027329227519719915777129144
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