Electra Battery Materials (ELBM) Research & Development (2021 - 2025)
Electra Battery Materials' (ELBM) quarterly Research & Development came in at $15775.9 in Q4 2025, down 90.5% year-on-year from $166077.0 in Q4 2024, and down 84.92% quarter-over-quarter from $104635.4 in Q3 2025.
Electra Battery Materials (ELBM) Research & Development (2021 - 2025) Analysis & Trends
Electra Battery Materials has disclosed Research & Development across 5 years of filings, most recently posting $15775.9 for Q4 2025.
- Research & Development for Q4 2025 came in at $15775.9, down 90.5% year-over-year; the trailing twelve-month figure through Dec 2025 was $183627.1 (down 42.69% YoY), and the FY2025 annual result was $182509.0, down 43.47% from the prior year.
- Research & Development came in at $15775.9 for Q4 2025 at Electra Battery Materials, down from $104635.4 in the prior quarter.
- In the past five years, Research & Development ranged from a high of $2.3 million in Q4 2021 to a low of $15775.9 in Q4 2025.
- The 5-year median for Research & Development is $140715.7 (2021), against an average of $370209.1.
- Across the five-year window, Research & Development surged 169.65% in 2022 and plunged 90.5% in 2025, its largest moves.
- Electra Battery Materials' Research & Development stood at $2.3 million in 2021, then slumped by 80.55% to $452335.6 in 2022, then sank by 85.71% to $64639.1 in 2023, then surged by 156.93% to $166077.0 in 2024, then slumped by 90.5% to $15775.9 in 2025.
- The last three Research & Development figures came in at $15775.9 (Q4 2025), $104635.4 (Q3 2025), and $34642.2 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 643,159.42 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 209.01 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | - |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 6.16 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 9.97 Mn |
| 10 | Electra Battery Materials | 45.75 Mn | 17.76 Mn | - | 15,775.90 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 15,775.90 |
| Sep 30, 2025 | 104,635.44 |
| Jun 30, 2025 | 34,642.20 |
| Mar 31, 2025 | 28,573.58 |
| Dec 31, 2024 | 166,077.00 |
| Sep 30, 2024 | 48,381.53 |
| Jun 30, 2024 | 59,222.38 |
| Mar 31, 2024 | 46,753.13 |
| Dec 31, 2023 | 64,639.13 |
| Sep 30, 2023 | 193,195.99 |
| Jun 30, 2023 | 205,468.88 |
| Mar 31, 2023 | 56,956.62 |
| Dec 31, 2022 | 452,335.61 |
| Sep 30, 2022 | 1.02 Mn |
| Jun 30, 2022 | 850,225.27 |
| Mar 31, 2022 | 311,053.31 |
| Dec 31, 2021 | 2.33 Mn |
| Sep 30, 2021 | 962,824.08 |
| Jun 30, 2021 | 338,427.30 |
| Mar 31, 2021 | 115,354.47 |