Centerra Gold (CGAU) Research & Development (2020 - 2026)
Centerra Gold's Research & Development came in at $26.07 million for Q3 2026, up 26.8% from $20.57 million a year earlier and up 142.3% from the prior quarter.
Powered by 
Analysis
Centerra Gold (CGAU) Research & Development (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Centerra Gold reported Research & Development of $62.88 million, up 24.2% year-over-year; for FY2025, it was $50.75 million, down 28.2% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 10.0% (FY2020 to FY2025).
- Going back by year, Research & Development was $70.72 million in FY2024 (-5.5%), $74.82 million in FY2023 (+12.5%), $66.52 million in FY2022 (+155.0%) and $26.08 million in FY2021 (-17.3%).
- The Q3 2026 figure represents the highest quarterly Research & Development in data going back to Q1 2020.
- Year-over-year, Research & Development has increased for four consecutive quarters, with growth averaging 18.7% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2022 (growth of 224.8%), and the weakest in Q4 2023 (a decline of 77.0%).
- Business Quant data shows CGAU's Research & Development at $10.76 million (Q2 2026), $12.7 million (Q1 2026) and $13.36 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 138.52 Bn | 113.25 Bn | 3.10 Bn | 15.70 Mn |
| 3 | Rio Tinto | 135.90 Bn | 96.73 Bn | - | - |
| 4 | Newmont | 126.75 Bn | 91.89 Bn | 4.22 Bn | 58.00 Mn |
| 5 | Ternium | 96.55 Bn | 64.81 Bn | 1.04 Bn | - |
| 6 | Agnico Eagle Mines | 96.18 Bn | 83.12 Bn | 2.15 Bn | 77.12 Mn |
| 7 | Freeport-Mcmoran | 85.33 Bn | 69.37 Bn | 2.19 Bn | 53.00 Mn |
| 8 | Barrick Mining | 69.13 Bn | 44.33 Bn | 2.90 Bn | 134.00 Mn |
| 9 | Nucor | 55.83 Bn | 45.21 Bn | 2.03 Bn | - |
| 10 | Centerra Gold | 6.11 Bn | 4.16 Bn | 176.09 Mn | 26.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.07 Mn |
| Jun 30, 2026 | 10.76 Mn |
| Mar 31, 2026 | 12.70 Mn |
| Dec 31, 2025 | 13.36 Mn |
| Sep 30, 2025 | 20.57 Mn |
| Jun 30, 2025 | 9.65 Mn |
| Mar 31, 2025 | 7.18 Mn |
| Dec 31, 2024 | 13.23 Mn |
| Sep 30, 2024 | 21.87 Mn |
| Jun 30, 2024 | 20.66 Mn |
| Mar 31, 2024 | 14.96 Mn |
| Dec 31, 2023 | 5.40 Mn |
| Sep 30, 2023 | 19.52 Mn |
| Jun 30, 2023 | 21.04 Mn |
| Mar 31, 2023 | 17.91 Mn |
| Dec 31, 2022 | 23.48 Mn |
| Sep 30, 2022 | 21.43 Mn |
| Jun 30, 2022 | 13.40 Mn |
| Mar 31, 2022 | 8.16 Mn |
| Dec 31, 2021 | 7.26 Mn |
API Access
Centerra Gold 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=CGAU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "CGAU", "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=CGAU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();