Electra Battery Materials (ELBM) Research & Development (2021 - 2025)
Electra Battery Materials (ELBM) posted Research & Development of $15775.9 for Q4 2025, down 84.92% sequentially from $104635.4 in Q3 2025, and down 90.5% YoY from $166077.0 in Q4 2024.
Electra Battery Materials (ELBM) Research & Development (2021 - 2025) Analysis & Trends
Electra Battery Materials has reported Research & Development for 5 years, with the latest figure at $15775.9 in Q4 2025.
- Quarterly Research & Development fell 90.5% year-over-year to $15775.9 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $183627.1 (down 42.69% YoY) and the FY2025 annual result came in at $182509.0, down 43.47% from the prior year.
- Research & Development slipped to $15775.9 in Q4 2025 per ELBM's latest filing, from $104635.4 in the prior quarter.
- Over five years, Research & Development peaked at $2.3 million in Q4 2021 and troughed at $15775.9 in Q4 2025.
- A 5-year average of $369570.6 and a median of $139176.6 in 2021 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2025: Research & Development soared 177.04% in 2022, then plunged 90.5% in 2025.
- Over 5 years, 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 jumped by 156.93% to $166077.0 in 2024, then slumped by 90.5% to $15775.9 in 2025.
- According to Business Quant data, Research & Development over the past three periods registered $15775.9, $104635.4, and $34642.2 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -2.89 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | - |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 6.56 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.26 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 10.77 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | Electra Battery Materials | 19.39 Mn | -6.54 Mn | - | 65,063.27 |
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 | 328,734.61 |
| Mar 31, 2021 | 112,276.26 |