Equinox Gold (EQX) Research & Development (2018 - 2026)
Equinox Gold's Research & Development was -$6.03 million in the quarter ended Mar 31, 2026, compared with -$8.88 million a year earlier.
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Analysis
Equinox Gold (EQX) Research & Development (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Equinox Gold's Research & Development was -$22.89 million through Mar 31, 2026; for the year ended Dec 31, 2025, it was -$43.34 million.
- In earlier years, Research & Development was -$34.6 million in the year ended Dec 31, 2024, -$11.69 million in the year ended Dec 31, 2023, -$18.42 million in the year ended Dec 31, 2022 and -$16.25 million in the year ended Dec 31, 2021.
- Quarterly Research & Development has moved between -$11.66 million (the quarter ended Sep 30, 2025) and $11.69 million (the quarter ended Dec 31, 2023) over five years.
- Per Business Quant data, EQX's Research & Development in the three quarters before the quarter ended Mar 31, 2026 was -$1.4 million (quarter ended Dec 31, 2025), -$11.66 million (quarter ended Sep 30, 2025) and -$3.8 million (quarter ended Jun 30, 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 | Equinox Gold | 7.08 Bn | 7.18 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | -6.03 Mn |
| Dec 31, 2025 | -1.40 Mn |
| Sep 30, 2025 | -11.66 Mn |
| Jun 30, 2025 | -3.80 Mn |
| Mar 31, 2025 | -8.88 Mn |
| Dec 31, 2024 | -400,000.00 |
| Sep 30, 2024 | -3.76 Mn |
| Jun 30, 2024 | -2.70 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 | -3.19 Mn |
| Dec 31, 2021 | -2.90 Mn |
| Sep 30, 2021 | -5.60 Mn |
| Jun 30, 2021 | -4.70 Mn |
API Access
Equinox Gold 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=EQX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "EQX", "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=EQX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();