AngloGold Ashanti (AU) Research & Development (2022 - 2026)
AngloGold Ashanti (AU) posted Research & Development of -$60.0 million for Q1 2026, up 33.33% sequentially from -$90.0 million in Q4 2025, and down 17.65% YoY from -$72.9 million in Q1 2025.
AngloGold Ashanti (AU) Research & Development (2022 - 2026) Analysis & Trends
AngloGold Ashanti (AU) has 5 years of Research & Development data on file, last reported at -$60.0 million in Q1 2026.
- Quarterly Research & Development fell 17.65% year-over-year to -$60.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$276.0 million (down 8.24% YoY) and the FY2025 annual result came in at $267.0 million, up 5.95% from the prior year.
- Research & Development climbed to -$60.0 million in Q1 2026 per AU's latest filing, from -$90.0 million in the prior quarter.
- The five-year high for Research & Development was -$48.0 million in Q1 2024, with the low at -$121.0 million in Q4 2022.
- Average Research & Development over 5 years is -$69.8 million, with a median of -$71.0 million recorded in 2023.
- Year-over-year, Research & Development jumped 41.32% in 2023 and fell 20.0% in 2025.
- AngloGold Ashanti's Research & Development stood at -$121.0 million in 2022, then jumped by 41.32% to -$71.0 million in 2023, then dropped by 5.63% to -$75.0 million in 2024, then dropped by 20.0% to -$90.0 million in 2025, then surged by 33.33% to -$60.0 million in 2026.
- Business Quant data shows AU's Research & Development at -$60.0 million in Q1 2026, -$90.0 million in Q4 2025, and -$72.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 116.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 45.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -2.55 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -177,000.00 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 38.20 Mn |
| 10 | AngloGold Ashanti | - | - | 1.94 Bn | -60.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2023 | -65.00 Mn |
| Dec 31, 2022 | -121.00 Mn |