Hecla Mining (HL) Research & Development (2009 - 2026)

Hecla Mining (HL) 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) 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 Platinum Group Metals 1.34 Bn 1.36 Bn - -

Historic Data

Download Data
DateValue
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