Hudbay Minerals (HBM) Research & Development (2010 - 2026)
Hudbay Minerals (HBM) reported Research & Development of $16.2 million for Q1 2026, up 16.55% year-over-year from $13.9 million in Q1 2025, and up 29.6% quarter-over-quarter from $12.5 million in Q4 2025.
Hudbay Minerals (HBM) Research & Development (2010 - 2026) Analysis & Trends
Hudbay Minerals (HBM) has 17 years of Research & Development data on file, last reported at $16.2 million in Q1 2026.
- Research & Development for Q1 2026 came in at $16.2 million, up 16.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $48.6 million (up 10.71% YoY), and the FY2025 annual result was $46.3 million, up 8.69% from the prior year.
- Research & Development rose to $16.2 million in Q1 2026 per HBM's latest filing, from $12.5 million in the prior quarter.
- Over five years, Research & Development peaked at $18.6 million in Q1 2022 and troughed at $1.8 million in Q3 2022.
- A 5-year average of $9.9 million and a median of $10.5 million in 2025 frame the typical range for Research & Development.
- On a YoY basis, Research & Development climbed as much as 172.09% in 2022 and fell as far as 74.45% in 2022.
- A 5-year view of Research & Development shows it stood at $5.1 million in 2022, then jumped by 114.54% to $11.0 million in 2023, then grew by 7.34% to $11.8 million in 2024, then gained by 5.93% to $12.5 million in 2025, then gained by 29.6% to $16.2 million in 2026.
- Business Quant data shows HBM's Research & Development at $16.2 million in Q1 2026, $12.5 million in Q4 2025, and $10.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 10.80 Mn |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 38.00 Mn |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 16.20 Mn |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | - |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 404,000.00 |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.20 Mn |
| Dec 31, 2025 | 12.50 Mn |
| Sep 30, 2025 | 10.50 Mn |
| Jun 30, 2025 | 9.40 Mn |
| Mar 31, 2025 | 13.90 Mn |
| Dec 31, 2024 | 11.80 Mn |
| Sep 30, 2024 | 12.20 Mn |
| Jun 30, 2024 | 6.00 Mn |
| Mar 31, 2024 | 12.60 Mn |
| Dec 31, 2023 | 10.99 Mn |
| Sep 30, 2023 | 4.75 Mn |
| Jun 30, 2023 | 5.32 Mn |
| Mar 31, 2023 | 8.24 Mn |
| Dec 31, 2022 | 5.12 Mn |
| Sep 30, 2022 | 1.77 Mn |
| Jun 30, 2022 | 8.99 Mn |
| Mar 31, 2022 | 18.63 Mn |
| Dec 31, 2021 | 12.94 Mn |
| Sep 30, 2021 | 6.93 Mn |
| Jun 30, 2021 | 12.51 Mn |