Equinox Gold EQX
NYSE EQX
$12.84 +0.20 (+1.58%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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