AngloGold Ashanti (AU) Research & Development (2022 - 2026)

AngloGold Ashanti's (AU) quarterly Research & Development came in at -$60.0 million in Q1 2026, down 17.65% year-on-year from -$72.9 million in Q1 2025, and up 33.33% quarter-over-quarter from -$90.0 million in Q4 2025.

AngloGold Ashanti (AU) Research & Development (2022 - 2026) Analysis & Trends

AngloGold Ashanti has disclosed Research & Development across 5 years of filings, most recently posting -$60.0 million for Q1 2026.

  • Research & Development for Q1 2026 came in at -$60.0 million, down 17.65% year-over-year; the trailing twelve-month figure through Mar 2026 was -$276.0 million (down 8.24% YoY), and the FY2025 annual result was $267.0 million, up 5.95% from the prior year.
  • Research & Development came in at -$60.0 million for Q1 2026 at AngloGold Ashanti, up from -$90.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$48.0 million in Q1 2024 to a low of -$121.0 million in Q4 2022.
  • The 5-year median for Research & Development is -$71.0 million (2023), against an average of -$70.2 million.
  • Across the five-year window, Research & Development soared 41.32% in 2023 and decreased 20.0% in 2025, its largest moves.
  • AngloGold Ashanti's Research & Development stood at -$121.0 million in 2022, then jumped by 41.32% to -$71.0 million in 2023, then retreated by 5.63% to -$75.0 million in 2024, then retreated by 20.0% to -$90.0 million in 2025, then surged by 33.33% to -$60.0 million in 2026.
  • The last three Research & Development figures came in at -$60.0 million (Q1 2026), -$90.0 million (Q4 2025), and -$72.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 116.00 Mn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn -
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 7.50 Mn
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 38.20 Mn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 45.00 Mn
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -60.00 Mn
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn -177,000.00

Historic Data

Download Data
DateValue
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 -71.00 Mn
Sep 30, 2023 -71.00 Mn
Dec 31, 2022 -121.00 Mn