Enertopia (ENRT) Research & Development (2018 - 2026)
Enertopia's Research & Development was $2,182 in fiscal Q3 2026 (quarter ended May 31, 2026), down 93.6% from $34,146 a year earlier and down 90.0% from the prior quarter.
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Analysis
Enertopia (ENRT) Research & Development (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Enertopia's Research & Development was $91,241 through May 31, 2026, down 25.1% year-over-year; for FY2025 (ended Aug 31, 2025), it came in at $153,266, down 2.2% from FY2024.
- Research & Development shows a five-year compound annual growth rate of 146.0% (FY2020 to FY2025).
- In earlier fiscal years, Research & Development was $156,680 in FY2024 (+0.1%), $156,561 in FY2023 (-80.6%), $808,800 in FY2022 and $12,566 in FY2021 (+638.3%).
- The fiscal Q3 2026 figure marks the lowest quarterly Research & Development since fiscal Q2 2021.
- Compared with a year earlier, Research & Development has declined for three straight quarters, with an average decline of 6.8% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was fiscal Q4 2021 (growth of 599.4%); the worst was fiscal Q3 2026 (a decline of 93.6%).
- Per Business Quant data, ENRT's Research & Development in the three fiscal quarters before Q3 2026 was $21,875 (Q2 2026), $9,750 (Q1 2026) and $57,434 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 47.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Enertopia | 516,969.71 | 515,693.71 | - | 2,182.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 2,182.00 |
| Feb 28, 2026 | 21,875.00 |
| Nov 30, 2025 | 9,750.00 |
| Aug 31, 2025 | 57,434.00 |
| May 31, 2025 | 34,146.00 |
| Feb 28, 2025 | 38,738.00 |
| Nov 30, 2024 | 22,948.00 |
| Aug 31, 2024 | 26,002.00 |
| May 31, 2024 | 21,883.00 |
| Feb 29, 2024 | 20,495.00 |
| Nov 30, 2023 | 88,300.00 |
| Aug 31, 2023 | 54,137.00 |
| May 31, 2023 | 45,072.00 |
| Feb 28, 2023 | 41,826.00 |
| Nov 30, 2022 | 15,526.00 |
| Aug 31, 2022 | 118,142.00 |
| May 31, 2022 | 39,521.00 |
| Feb 28, 2022 | 645,912.00 |
| Nov 30, 2021 | 5,225.00 |
| Aug 31, 2021 | 6,588.00 |
API Access
Enertopia 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=ENRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "ENRT", "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=ENRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();