Denison Mines (DNN) Research & Development (2009 - 2026)
Denison Mines (DNN) posted quarterly Research & Development of -$8.1 million for Q1 2026, down 28.74% year-over-year from -$11.4 million in Q1 2025, and up 19.82% quarter-over-quarter from -$10.1 million in Q4 2025.
Denison Mines (DNN) Research & Development (2009 - 2026) Analysis & Trends
Denison Mines (DNN) has reported Research & Development for 18 consecutive years, with -$8.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 28.74% year-over-year to -$8.1 million; the TTM figure through Mar 2026 stood at -$36.4 million (down 35.87% YoY), while the FY2025 annual figure was -$34.5 million, down 39.07% from the prior year.
- Research & Development grew to -$8.1 million in Q1 2026 per DNN's latest filing, from -$10.1 million in the prior quarter.
- Across five years, Research & Development topped out at -$2.0 million in Q1 2023 and bottomed at -$10.2 million in Q3 2025.
- Historically, Research & Development has averaged -$5.8 million across 5 years, with a median of -$5.2 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development slumped 147.72% — and 2023, when it soared 42.88%.
- Denison Mines' Research & Development stood at -$3.2 million in 2022, then sank by 37.37% to -$4.4 million in 2023, then plunged by 110.5% to -$9.3 million in 2024, then decreased by 8.54% to -$10.1 million in 2025, then rose by 19.82% to -$8.1 million in 2026.
- Business Quant data shows DNN's Research & Development at -$8.1 million in Q1 2026, -$10.1 million in Q4 2025, and -$10.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 41.56 Bn | 40.13 Bn | 218.02 Mn | 10.05 Mn |
| 2 | NexGen Energy | 6.79 Bn | 6.79 Bn | - | - |
| 3 | Uranium Energy | 5.49 Bn | 5.01 Bn | - | 15.79 Mn |
| 4 | Centrus Energy | 3.50 Bn | 1.63 Bn | 49.90 Mn | 10.80 Mn |
| 5 | Energy Fuels | 3.47 Bn | 2.54 Bn | 14.42 Mn | 8.44 Mn |
| 6 | Denison Mines | 2.85 Bn | -451.87 Bn | - | -5.86 Mn |
| 7 | IsoEnergy | 625.98 Mn | 537.16 Mn | - | 266,416.04 |
| 8 | Uranium Royalty | 587.44 Mn | 487.44 Mn | 3.43 Mn | - |
| 9 | Ur-Energy | 532.59 Mn | 433.58 Mn | 1.89 Mn | - |
| 10 | enCore Energy | 202.97 Mn | 128.94 Mn | -2.58 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.10 Mn |
| Dec 31, 2025 | -10.10 Mn |
| Sep 30, 2025 | -10.18 Mn |
| Jun 30, 2025 | -8.02 Mn |
| Mar 31, 2025 | -6.29 Mn |
| Dec 31, 2024 | -9.31 Mn |
| Sep 30, 2024 | -6.29 Mn |
| Jun 30, 2024 | -4.90 Mn |
| Mar 31, 2024 | -4.23 Mn |
| Dec 31, 2023 | -4.42 Mn |
| Sep 30, 2023 | -3.89 Mn |
| Jun 30, 2023 | -3.47 Mn |
| Mar 31, 2023 | -2.01 Mn |
| Dec 31, 2022 | -3.22 Mn |
| Sep 30, 2022 | -5.16 Mn |
| Jun 30, 2022 | -5.19 Mn |
| Mar 31, 2022 | -3.53 Mn |
| Dec 31, 2021 | 6.75 Mn |
| Sep 30, 2021 | -3.05 Mn |
| Jun 30, 2021 | -5.19 Mn |