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Petroleo Brasileiro SA Petrobras (NYSE:PBR)
Research and Development
$1,062 Mil (TTM As of Sep. 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 Sep. 2014 was $292 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $1,062 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 Sep. 2014 was 250 (Dec. 2013 ) + 250 (Mar. 2014 ) + 270 (Jun. 2014 ) + 292 (Sep. 2014 ) = $1,062 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
Research & Development 3997308811,7826813,1574,0841,1431,1321,099

Petroleo Brasileiro SA Petrobras Quarterly Data

Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14
Research & Development 923342337287261250250270292287
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