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Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Research and Development
$1,028 Mil (TTM As of Jun. 2014)

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. 2014 was $270 Mil. Its research and development for the trailing twelve months (TTM) ended in Jun. 2014 was $1,028 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. 2014 was 258 (Sep. 2013 ) + 250 (Dec. 2013 ) + 250 (Mar. 2014 ) + 270 (Jun. 2014 ) = $1,028 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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Research & Development 2483997301,8711,7821,4001,7454,0841,1431,132

Petroleo Brasileiro SA Petrobras Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
Research & Development 8651,959923-2,422333291258250250270
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