v3.26.1
Research and Development Expenses (Tables)
12 Months Ended
Dec. 31, 2025
Analysis of income and expense [abstract]
Schedule of research and development expenses
Year Ended December 31,
(in thousands of $)
2025
2024
2023
External research and development expenses
$
859,179
$
605,082
$
483,192
Personnel expenses
388,557
310,992
226,344
Digital technology expenses
58,367
34,012
19,935
Materials and consumables
7,895
5,863
4,057
Depreciation and amortization
12,739
6,204
105,546
Other expenses
37,395
21,270
20,418
Total Research and development expenses
$
1,364,132
$
983,423
$
859,492
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