American Resources AREC
NASDAQ AREC
$2.19 -0.12 (-5.19%)
As of: Sep 10, 2026 · 3:59 PM EDT

American Resources (AREC) Research & Development (2016 - 2025)

American Resources (AREC) posted Research & Development of -$934204.0 for Q4 2025, down 342.37% on a QoQ basis from $385451.0 in Q3 2025, and up 6.69% year-over-year from -$875626.4 in Q4 2024.

Analysis

American Resources (AREC) Research & Development (2016 - 2025) Analysis & Trends

American Resources has reported Research & Development for 10 years, with the latest figure at -$934204.0 in Q4 2025.

  • On a quarterly basis, Research & Development rose 6.69% year-over-year to -$934204.0 in Q4 2025; TTM through Dec 2025 was -$1.2 million, a 192.0% decrease from a year earlier, with the FY2025 full-year figure at $107507.0, down 75.27% from the prior year.
  • Research & Development was -$934204.0 for Q4 2025 at American Resources, down from $385451.0 in the prior quarter.
  • The five-year high for Research & Development was $11.5 million in Q2 2022, with the low at -$1.0 million in Q4 2024.
  • Average Research & Development over 5 years is $3.1 million, with a median of $1.8 million recorded in 2021.
  • The sharpest annual moves came in 2021 and 2024: Research & Development surged 1313.83% in 2021, then slumped 168.85% in 2024.
  • Over 5 years, Research & Development stood at $8.1 million in 2021, then retreated by 24.27% to $6.1 million in 2022, then plunged by 76.26% to $1.5 million in 2023, then plunged by 168.85% to -$1.0 million in 2024, then gained by 6.69% to -$934204.0 in 2025.
  • The last three Research & Development figures came in at -$934204.0 (Q4 2025), $385451.0 (Q3 2025), and $325503.0 (Q1 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Warrior Met Coal 5.37 Bn 5.05 Bn 169.64 Mn -
2 Core Natural Resources 4.98 Bn 4.50 Bn 252.03 Mn -
3 Peabody Energy 3.56 Bn 3.04 Bn - -
4 Alliance Resource Partners 3.46 Bn 3.35 Bn 210.21 Mn -
5 Alpha Metallurgical Resources 2.77 Bn 2.43 Bn 49.19 Mn -
6 Ramaco Resources 741.47 Mn 458.11 Mn 16.62 Mn -
7 Nacco Industries 299.72 Mn 254.20 Mn 15.20 Mn -
8 American Resources 169.12 Mn 169.12 Mn -301,480.00 -934,204.00
9 Coronado Global Resources 23.47 Mn -74.23 Mn 156.53 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 -934,204.00
Sep 30, 2025 385,451.00
Mar 31, 2025 325,503.00
Dec 31, 2024 -1.00 Mn
Sep 30, 2024 731,596.00
Jun 30, 2024 1.20 Mn
Mar 31, 2024 402,388.00
Dec 31, 2023 1.45 Mn
Sep 30, 2023 1.33 Mn
Jun 30, 2023 2.67 Mn
Mar 31, 2023 5.63 Mn
Dec 31, 2022 6.13 Mn
Sep 30, 2022 3.69 Mn
Jun 30, 2022 11.53 Mn
Mar 31, 2022 6.78 Mn
Dec 31, 2021 8.09 Mn
Sep 30, 2021 5.14 Mn
Jun 30, 2021 3.06 Mn
Mar 31, 2021 1.81 Mn
Dec 31, 2020 2.77 Mn