Equinox Gold (EQX) Research & Development (2018 - 2026)
Equinox Gold (EQX) posted Research & Development of -$9.8 million for Q2 2026, down 63.15% on a QoQ basis from -$6.0 million in Q1 2026, and down 1097.2% year-over-year from $986861.3 in Q2 2025.
Analysis
Equinox Gold (EQX) Research & Development (2018 - 2026) Analysis & Trends
Equinox Gold has reported Research & Development for 9 years, with the latest figure at -$9.8 million in Q2 2026.
- On a quarterly basis, Research & Development fell 1097.2% year-over-year to -$9.8 million in Q2 2026; TTM through Jun 2026 was -$28.9 million, a 108.75% decrease from a year earlier, with the FY2025 full-year figure at -$43.3 million, down 2557.45% from the prior year.
- Research & Development was -$9.8 million for Q2 2026 at Equinox Gold, down from -$6.0 million in the prior quarter.
- The five-year high for Research & Development was $11.7 million in Q4 2023, with the low at -$11.7 million in Q3 2025.
- Average Research & Development over 5 years is -$3.5 million, with a median of -$3.5 million recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Research & Development jumped 359.78% in 2023, then plunged 1097.2% in 2026.
- Over 5 years, Research & Development stood at -$4.5 million in 2022, then surged by 359.78% to $11.7 million in 2023, then plunged by 103.42% to -$400000.0 in 2024, then tumbled by 250.0% to -$1.4 million in 2025, then tumbled by 602.93% to -$9.8 million in 2026.
- The last three Research & Development figures came in at -$9.8 million (Q2 2026), -$6.0 million (Q1 2026), and -$1.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 69.00 Mn |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 134.00 Mn |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | -37.00 Mn |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 8.00 Mn |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | -7.80 Mn |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 14.98 Mn |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | - |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | -9.84 Mn |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | - |
| 10 | Centerra Gold | 6.52 Bn | 6.06 Bn | 433.81 Mn | 10.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.84 Mn |
| Mar 31, 2026 | -6.03 Mn |
| Dec 31, 2025 | -1.40 Mn |
| Sep 30, 2025 | -11.66 Mn |
| Jun 30, 2025 | -822,000.00 |
| Mar 31, 2025 | -8.88 Mn |
| Dec 31, 2024 | -400,000.00 |
| Sep 30, 2024 | -3.76 Mn |
| Jun 30, 2024 | -2.65 Mn |
| Mar 31, 2024 | -2.47 Mn |
| Dec 31, 2023 | 11.69 Mn |
| Sep 30, 2023 | -2.61 Mn |
| Jun 30, 2023 | -4.02 Mn |
| Mar 31, 2023 | -1.78 Mn |
| Dec 31, 2022 | -4.50 Mn |
| Sep 30, 2022 | -6.15 Mn |
| Jun 30, 2022 | -4.54 Mn |
| Mar 31, 2022 | -3.20 Mn |
| Dec 31, 2021 | -2.90 Mn |
| Sep 30, 2021 | -5.60 Mn |