Eldorado Gold (EGO) Research & Development (2009 - 2026)
Eldorado Gold's Research & Development was $14.98 million in the quarter ended Jun 30, 2026, up 106.6% from $7.25 million a year earlier and up 61.0% from the prior quarter.
Eldorado Gold (EGO) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Eldorado Gold's Research & Development was $45.06 million through Jun 30, 2026, up 49.1% year-over-year; for the year ended Dec 31, 2025, it was $35.01 million, up 47.2% from the prior year.
- Research & Development has now increased for five consecutive years, with a five-year compound annual growth rate of 22.9% (years ended Dec 2020 to Dec 2025).
- In earlier years, Research & Development was $23.79 million in the year ended Dec 31, 2024 (+6.1%), $22.42 million in the year ended Dec 31, 2023 (+14.2%), $19.64 million in the year ended Dec 31, 2022 (+32.8%) and $14.79 million in the year ended Dec 31, 2021 (+18.4%).
- The figure for the quarter ended Jun 30, 2026 marks the highest quarterly Research & Development since the quarter ended Dec 31, 2011.
- Compared with a year earlier, Research & Development has increased for eight straight quarters, with growth averaging 54.9% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Jun 30, 2025 (growth of 114.2%); the worst was the quarter ended Jun 30, 2022 (a decline of 57.0%).
- Per Business Quant data, EGO's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $9.31 million (quarter ended Mar 31, 2026), $9.79 million (quarter ended Dec 31, 2025) and $10.98 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | Eldorado Gold | 7.13 Bn | 3.89 Bn | 248.43 Mn | 14.98 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.98 Mn |
| Mar 31, 2026 | 9.31 Mn |
| Dec 31, 2025 | 9.79 Mn |
| Sep 30, 2025 | 10.98 Mn |
| Jun 30, 2025 | 7.25 Mn |
| Mar 31, 2025 | 6.99 Mn |
| Dec 31, 2024 | 7.66 Mn |
| Sep 30, 2024 | 8.31 Mn |
| Jun 30, 2024 | 3.39 Mn |
| Mar 31, 2024 | 4.43 Mn |
| Dec 31, 2023 | 5.66 Mn |
| Sep 30, 2023 | 6.29 Mn |
| Jun 30, 2023 | 4.63 Mn |
| Mar 31, 2023 | 5.84 Mn |
| Dec 31, 2022 | 6.81 Mn |
| Sep 30, 2022 | 4.45 Mn |
| Jun 30, 2022 | 3.39 Mn |
| Mar 31, 2022 | 4.99 Mn |
| Dec 31, 2021 | -1.77 Mn |
| Sep 30, 2021 | 4.66 Mn |
Eldorado 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=EGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EGO", "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=EGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();