Equinox Gold (EQX) Research & Development (2019 - 2025)

Equinox Gold's Research & Development history runs 7 years deep, the most recent figure standing at $11.4 million for Q4 2025.

• In Q4 2025, Research & Development rose 4081.87% year-over-year to $11.4 million; the TTM figure through Dec 2025 stood at $4.5 million (up 487.46% YoY), while the FY2025 annual figure was $10.9 million, up 567.32% from the prior year.
• Research & Development was $11.4 million for Q4 2025 at Equinox Gold, up from -$5.8 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $29.6 million in Q4 2021 to a low of -$5.8 million in Q3 2025.
• Historically, Research & Development has averaged $463413.7 across 5 years, with a median of -$1.6 million in 2023.
• Biggest YoY gain for Research & Development was 4081.87% in 2025; the steepest drop was 891.24% in 2025.
• A 5-year view of Research & Development shows it stood at $29.6 million in 2021, then plunged by 111.22% to -$3.3 million in 2022, then soared by 452.62% to $11.7 million in 2023, then tumbled by 102.45% to -$286339.7 in 2024, then soared by 4081.87% to $11.4 million in 2025.
• The last three Research & Development figures came in at $11.4 million (Q4 2025), -$5.8 million (Q3 2025), and -$577370.0 (Q2 2025), per Business Quant data.