Vale S.A annual r&d spending
2007
2008
2009
2010
2011
2012
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Vale S.A R&D Spending Growth & History (VALE)
Vale S.A's r&d spending was $693.0M for fiscal 2025.
View full Vale S.A company overviewVale S.A annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $693.0M | −$97.0M | −12.28% |
| 2024 | 2024-12-31 | $790.0M | $67.0M | +9.27% |
| 2023 | 2023-12-31 | $723.0M | $63.0M | +9.55% |
| 2022 | 2022-12-31 | $660.0M | $111.0M | +20.22% |
| 2021 | 2021-12-31 | $549.0M | $134.0M | +32.29% |
| 2020 | 2020-12-31 | $415.0M | $2.0M | +0.48% |
| 2019 | 2019-12-31 | $413.0M | $40.0M | +10.72% |
| 2018 | 2018-12-31 | $373.0M | $33.0M | +9.71% |
| 2017 | 2017-12-31 | $340.0M | $21.0M | +6.58% |
| 2016 | 2016-12-31 | $319.0M | −$76.0M | −19.24% |
| 2015 | 2015-12-31 | $395.0M | — | — |
| 2012 | 2012-12-31 | $1.48B | −$196.0M | −11.71% |
| 2011 | 2011-12-31 | $1.67B | $796.0M | +90.66% |
| 2010 | 2010-12-31 | $878.0M | −$103.0M | −10.50% |
| 2009 | 2009-12-31 | $981.0M | −$104.0M | −9.59% |
| 2008 | 2008-12-31 | $1.08B | $352.0M | +48.02% |
| 2007 | 2007-12-31 | $733.0M | — | — |
Vale S.A quarterly r&d spending
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q2.19
Q2.20
Q2.21
Q2.22
Q2.23
Q2.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $185.0M | $26.0M | +16.35% |
| Q1 2026 | 2026-03-31 | $131.0M | — | — |
| Q4 2025 | 2025-12-31 | $260.0M | — | — |
| Q3 2025 | 2025-09-30 | $151.0M | — | — |
| Q2 2025 | 2025-06-30 | $159.0M | −$30.0M | −15.87% |
| Q2 2024 | 2024-06-30 | $189.0M | $24.0M | +14.55% |
| Q2 2023 | 2023-06-30 | $165.0M | $14.0M | +9.27% |
| Q2 2022 | 2022-06-30 | $151.0M | $10.0M | +7.09% |
| Q2 2021 | 2021-06-30 | $141.0M | $51.0M | +56.67% |
| Q2 2020 | 2020-06-30 | $90.0M | $0 | 0.00% |
| Q2 2019 | 2019-06-30 | $90.0M | — | — |
| Q4 2012 | 2012-12-31 | $460.0M | −$69.0M | −13.04% |
| Q3 2012 | 2012-09-30 | $360.0M | −$80.0M | −18.18% |
| Q2 2012 | 2012-06-30 | $359.0M | −$4.0M | −1.10% |
| Q1 2012 | 2012-03-31 | $299.0M | −$43.0M | −12.57% |
| Q4 2011 | 2011-12-31 | $529.0M | $228.0M | +75.75% |
| Q3 2011 | 2011-09-30 | $440.0M | $224.0M | +103.70% |
| Q2 2011 | 2011-06-30 | $363.0M | $174.0M | +92.06% |
| Q1 2011 | 2011-03-31 | $342.0M | $170.0M | +98.84% |
| Q4 2010 | 2010-12-31 | $301.0M | $5.0M | +1.69% |
| Q3 2010 | 2010-09-30 | $216.0M | −$15.0M | −6.49% |
| Q2 2010 | 2010-06-30 | $189.0M | −$76.0M | −28.68% |
| Q1 2010 | 2010-03-31 | $172.0M | −$17.0M | −8.99% |
| Q4 2009 | 2009-12-31 | $296.0M | — | — |
| Q3 2009 | 2009-09-30 | $231.0M | — | — |
| Q2 2009 | 2009-06-30 | $265.0M | — | — |
| Q1 2009 | 2009-03-31 | $189.0M | — | — |
Vale S.A r&d spending trends
Over the last five fiscal years, Vale S.A's r&d spending increased from $415.0M to $693.0M, a change of $278.0M. The latest reported quarter, Q2 2026, shows $185.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vale S.A source filings ↗