Foremost Clean Energy FMST
NASDAQ FMST
$0.93 +0.03 (+3.78%)
As of: Sep 9, 2026 · 3:59 PM EDT

Foremost Clean Energy (FMST) Research & Development (2022 - 2026)

Foremost Clean Energy's (FMST) quarterly Research & Development came in at -$1.7 million in Q2 2026, down 213.17% year-over-year from $1.5 million in Q2 2025, and down 65.61% quarter-over-quarter from -$1.0 million in Q1 2026.

Analysis

Foremost Clean Energy (FMST) Research & Development (2022 - 2026) Analysis & Trends

Foremost Clean Energy has disclosed Research & Development across 5 years of filings, most recently posting -$1.7 million for Q2 2026.

  • In Q2 2026, Research & Development fell 213.17% year-over-year to -$1.7 million; the TTM figure through Jun 2026 stood at -$5.5 million (down 709.53% YoY), while the FY2026 annual figure was -$6.2 million, down 337.76% from the prior year.
  • Research & Development came in at -$1.7 million for Q2 2026 at Foremost Clean Energy, down from -$1.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $1.5 million in Q2 2025 to a low of -$2.8 million in Q4 2025.
  • Average Research & Development over 5 years is -$665313.7, with a median of -$193027.0 recorded in 2024.
  • The largest YoY upside for Research & Development was 881.74% in 2025 against a maximum downside of 183230.98% in 2025.
  • Over 5 years, Research & Development stood at -$1.8 million in 2022, then jumped by 100.57% to $10340.1 in 2023, then plunged by 85.22% to $1528.3 in 2024, then tumbled by 183230.98% to -$2.8 million in 2025, then soared by 38.99% to -$1.7 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were -$1.7 million in Q2 2026, -$1.0 million in Q1 2026, and -$2.8 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Cameco 43.86 Bn 42.75 Bn 190.14 Mn 9.71 Mn
2 NexGen Energy 6.28 Bn 5.57 Bn - -
3 Uranium Energy 5.72 Bn 5.23 Bn - 15.79 Mn
4 Energy Fuels 3.63 Bn 2.70 Bn 14.42 Mn 8.44 Mn
5 Centrus Energy 3.63 Bn 1.76 Bn 49.90 Mn 10.80 Mn
6 Nano Nuclear Energy 910.48 Mn 331.09 Mn - 5.40 Mn
7 IsoEnergy 607.48 Mn 607.48 Mn - 266,416.04
8 Ur-Energy 549.28 Mn 450.28 Mn 1.89 Mn -
9 enCore Energy 235.99 Mn 161.96 Mn -2.58 Mn -
10 Foremost Clean Energy 12.51 Mn 9.95 Mn - -1.71 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.71 Mn
Mar 31, 2026 -1.03 Mn
Dec 31, 2025 -2.80 Mn
Sep 30, 2025 965.70
Jun 30, 2025 1.51 Mn
Mar 31, 2025 -606,624.67
Dec 31, 2024 1,528.34
Sep 30, 2024 4,492.15
Jun 30, 2024 -193,026.95
Mar 31, 2024 -2.67 Mn
Dec 31, 2023 10,340.06
Sep 30, 2023 28,042.51
Jun 30, 2023 -169,631.68
Mar 31, 2023 -818,755.85
Dec 31, 2022 -1.82 Mn
Sep 30, 2022 52,113.44
Jun 30, 2022 -1.09 Mn