Agnico Eagle Mines (AEM) Research & Development (2009 - 2026)
Agnico Eagle Mines (AEM) reported Research & Development of $334.51 million for Q3 2026, up 55.8% from $214.69 million a year earlier and up 443.6% from the prior quarter.
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Analysis
Agnico Eagle Mines (AEM) Research & Development (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Agnico Eagle Mines' Research & Development came in at $501.74 million, up 38.8% year-over-year; for FY2025, it was $206.68 million, down 5.9% from FY2024.
- Research & Development has a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- By year, Research & Development came in at $219.61 million in FY2024 (+1.8%), $215.78 million in FY2023 (-20.4%), $271.12 million in FY2022 (+77.8%) and $152.51 million in FY2021 (+34.4%).
- The Q3 2026 figure ranks as the highest quarterly Research & Development in data going back to Q1 2009.
- Year over year, Research & Development has now increased in each of the last five quarters, with growth averaging 43.4% over the last eight quarters.
- The high point for year-over-year Research & Development in five years was Q1 2022 (growth of 696.4%); the low point was Q1 2023 (a decline of 76.5%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $61.53 million (Q2 2026), $52.56 million (Q1 2026) and $53.15 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 2 | Southern Copper | 145.61 Bn | 120.34 Bn | 3.10 Bn | 15.70 Mn |
| 3 | Rio Tinto | 138.54 Bn | 138.54 Bn | - | - |
| 4 | Newmont | 127.15 Bn | 92.29 Bn | 4.22 Bn | 58.00 Mn |
| 5 | Ternium | 100.63 Bn | 93.91 Bn | - | - |
| 6 | Agnico Eagle Mines | 97.48 Bn | 92.69 Bn | - | - |
| 7 | Freeport-Mcmoran | 88.12 Bn | 72.16 Bn | 2.19 Bn | 53.00 Mn |
| 8 | Barrick Mining | 69.35 Bn | 47.84 Bn | 2.90 Bn | 134.00 Mn |
| 9 | Nucor | 59.10 Bn | 48.48 Bn | 2.03 Bn | - |
| 10 | ArcelorMittal | 50.25 Bn | 28.25 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 77.12 Mn |
| Jun 30, 2026 | 61.53 Mn |
| Mar 31, 2026 | 52.56 Mn |
| Dec 31, 2025 | 53.15 Mn |
| Sep 30, 2025 | 59.63 Mn |
| Jun 30, 2025 | 52.10 Mn |
| Mar 31, 2025 | 41.81 Mn |
| Dec 31, 2024 | 52.82 Mn |
| Sep 30, 2024 | 60.34 Mn |
| Jun 30, 2024 | 55.25 Mn |
| Mar 31, 2024 | 51.21 Mn |
| Dec 31, 2023 | 46.00 Mn |
| Sep 30, 2023 | 61.59 Mn |
| Jun 30, 2023 | 127.34 Mn |
| Mar 31, 2023 | 150.47 Mn |
| Dec 31, 2022 | 114.26 Mn |
| Sep 30, 2022 | 293.15 Mn |
| Jun 30, 2022 | 196.68 Mn |
| Mar 31, 2022 | 228.64 Mn |
| Dec 31, 2021 | 103.62 Mn |
API Access
Agnico Eagle Mines Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AEM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AEM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AEM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();