Quick Answer
Vale S.A. reported R&D Expense of $693.00 million for fiscal year 2025.
Vale S.A. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $693.00M | -12.3% |
| 2024 | $790.00M | +9.3% |
| 2023 | $723.00M | +9.5% |
| 2022 | $660.00M | +20.2% |
| 2021 | $549.00M | +32.3% |
| 2020 | $415.00M | +0.5% |
| 2019 | $413.00M | +10.7% |
| 2018 | $373.00M | +9.7% |
| 2017 | $340.00M | +6.6% |
| 2016 | $319.00M | -19.2% |
| 2015 | $395.00M | -73.3% |
| 2012 | $1.48B | -11.7% |
| 2011 | $1.67B | +90.7% |
| 2010 | $878.00M | -10.5% |
| 2009 | $981.00M | -9.6% |
| 2008 | $1.08B | +48.0% |
| 2007 | $733.00M | — |
- Vale S.A. showed a decrease of -12.3% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2025 period, Vale S.A.’s r&d expense has declined by 5.5% (from $733.00 million to $693.00 million).
- The most recent figure is from Vale S.A.’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 27, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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