AngloGold Ashanti (AU) Research & Development (2022 - 2026)
AngloGold Ashanti's (AU) quarterly Research & Development came in at -$37.0 million in Q2 2026, up 31.48% year-over-year from -$28.1 million in Q2 2025, and up 38.33% quarter-over-quarter from -$60.0 million in Q1 2026.
Analysis
AngloGold Ashanti (AU) Research & Development (2022 - 2026) Analysis & Trends
AngloGold Ashanti has disclosed Research & Development across 5 years of filings, most recently posting -$37.0 million for Q2 2026.
- In Q2 2026, Research & Development rose 31.48% year-over-year to -$37.0 million; the TTM figure through Jun 2026 stood at -$259.0 million (down 2.78% YoY), while the FY2025 annual figure was -$267.0 million, down 5.95% from the prior year.
- Research & Development came in at -$37.0 million for Q2 2026 at AngloGold Ashanti, up from -$60.0 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$37.0 million in Q2 2026 to a low of -$142.0 million in Q4 2023.
- Average Research & Development over 5 years is -$72.5 million, with a median of -$68.0 million recorded in 2023.
- Year-over-year, Research & Development jumped 47.18% in 2024 and slipped 20.0% in 2025.
- Over 5 years, Research & Development stood at -$121.0 million in 2022, then decreased by 17.36% to -$142.0 million in 2023, then jumped by 47.18% to -$75.0 million in 2024, then retreated by 20.0% to -$90.0 million in 2025, then surged by 58.89% to -$37.0 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were -$37.0 million in Q2 2026, -$60.0 million in Q1 2026, and -$90.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 69.00 Mn |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 134.00 Mn |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | -37.00 Mn |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 8.00 Mn |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | -7.80 Mn |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 14.98 Mn |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | - |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | -9.84 Mn |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | - |
| 10 | Centerra Gold | 6.52 Bn | 6.06 Bn | 433.81 Mn | 10.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -37.00 Mn |
| Mar 31, 2026 | -60.00 Mn |
| Dec 31, 2025 | -90.00 Mn |
| Sep 30, 2025 | -72.00 Mn |
| Jun 30, 2025 | -54.00 Mn |
| Mar 31, 2025 | -51.00 Mn |
| Dec 31, 2024 | -75.00 Mn |
| Sep 30, 2024 | -72.00 Mn |
| Jun 30, 2024 | -57.00 Mn |
| Mar 31, 2024 | -48.00 Mn |
| Dec 31, 2023 | -142.00 Mn |
| Sep 30, 2023 | -71.00 Mn |
| Jun 30, 2023 | -65.00 Mn |
| Dec 31, 2022 | -121.00 Mn |