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
DateValue
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