Hecla Mining (HL-PB) Research & Development (2009 - 2026)
Hecla Mining (HL-PB) reported Research & Development of $4.6 million for Q1 2026, up 7.03% on a YoY basis from $4.3 million in Q1 2025, and down 5.43% quarter-over-quarter from $4.9 million in Q4 2025.
Hecla Mining (HL-PB) Research & Development (2009 - 2026) Analysis & Trends
Hecla Mining has reported Research & Development for 18 years, with the latest figure at $4.6 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 7.03% year-over-year to $4.6 million; the trailing twelve-month figure through Mar 2026 stood at $27.9 million (up 2.08% YoY), and the FY2025 full-year result was $27.7 million, up 1.55% from the prior year.
- Research & Development for Q1 2026 stood at $4.6 million, down from $4.9 million in the prior quarter.
- The five-year high for Research & Development was $15.1 million in Q3 2022, with the low at $4.3 million in Q1 2025.
- Historically, Research & Development has averaged $8.1 million across 5 years, with a median of $6.9 million in 2022.
- Annual changes were most pronounced in 2022 — Research & Development soared 91.45% — and 2023, when it plunged 61.22%.
- Hecla Mining's Research & Development stood at $6.9 million in 2022, then climbed by 0.88% to $7.0 million in 2023, then fell by 17.54% to $5.7 million in 2024, then declined by 15.02% to $4.9 million in 2025, then declined by 5.43% to $4.6 million in 2026.
- The last three Research & Development figures came in at $4.6 million (Q1 2026), $4.9 million (Q4 2025), and $9.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | -856,087.48 |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 4.62 Mn |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | 53.10 Mn |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | - |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | -53,000.00 |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | 810,000.00 |
| 10 | Hecla Mining | - | - | 253.26 Mn | 4.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.62 Mn |
| Dec 31, 2025 | 4.88 Mn |
| Sep 30, 2025 | 9.55 Mn |
| Jun 30, 2025 | 8.81 Mn |
| Mar 31, 2025 | 4.31 Mn |
| Dec 31, 2024 | 5.74 Mn |
| Sep 30, 2024 | 10.55 Mn |
| Jun 30, 2024 | 6.68 Mn |
| Mar 31, 2024 | 4.34 Mn |
| Dec 31, 2023 | 6.97 Mn |
| Sep 30, 2023 | 13.69 Mn |
| Jun 30, 2023 | 6.89 Mn |
| Mar 31, 2023 | 4.97 Mn |
| Dec 31, 2022 | 6.91 Mn |
| Sep 30, 2022 | 15.13 Mn |
| Jun 30, 2022 | 11.20 Mn |
| Mar 31, 2022 | 12.81 Mn |
| Dec 31, 2021 | 12.86 Mn |
| Sep 30, 2021 | 17.11 Mn |
| Jun 30, 2021 | 11.24 Mn |