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
DateValue
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