Ivanhoe Electric (IE) Research & Development (2021 - 2026)
Ivanhoe Electric (IE) recorded Research & Development of $21.41 million in Q2 2026, up 52.1% from $14.08 million a year earlier but down 7.7% from the prior quarter.
Ivanhoe Electric (IE) Research & Development (2021 - 2026) Analysis & Trends
On a TTM basis, Ivanhoe Electric's Research & Development came in at $78.04 million as of Jun 30, 2026, down 2.3% year-over-year; for FY2025, it was $63.29 million, down 51.7% from FY2024.
- Annual Research & Development has a four-year compound annual growth rate of 12.5% (FY2021 to FY2025).
- Across earlier years, Research & Development came in at $130.94 million in FY2024 (+3.3%), $126.72 million in FY2023 (+20.4%), $105.29 million in FY2022 (+166.5%) and $39.51 million in FY2021.
- Quarterly Research & Development has ranged from $9.95 million in Q3 2021 to $43.64 million in Q1 2024 over the past five years.
- On a year-over-year basis, Research & Development rose in two of the last eight quarters, with an average decline of 16.9%.
- Peak year-over-year performance for Research & Development in the last five years was growth of 241.3% in Q3 2022, against a decline of 63.8% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $23.21 million (Q1 2026), $18.74 million (Q4 2025) and $14.69 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | Ivanhoe Electric | 1.33 Bn | 541.51 Mn | 368,000.00 | 21.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.41 Mn |
| Mar 31, 2026 | 23.21 Mn |
| Dec 31, 2025 | 18.74 Mn |
| Sep 30, 2025 | 14.69 Mn |
| Jun 30, 2025 | 14.08 Mn |
| Mar 31, 2025 | 15.79 Mn |
| Dec 31, 2024 | 19.59 Mn |
| Sep 30, 2024 | 30.46 Mn |
| Jun 30, 2024 | 37.25 Mn |
| Mar 31, 2024 | 43.64 Mn |
| Dec 31, 2023 | 33.40 Mn |
| Sep 30, 2023 | 34.21 Mn |
| Jun 30, 2023 | 32.55 Mn |
| Mar 31, 2023 | 26.56 Mn |
| Dec 31, 2022 | 30.13 Mn |
| Sep 30, 2022 | 33.97 Mn |
| Jun 30, 2022 | 23.86 Mn |
| Mar 31, 2022 | 17.32 Mn |
| Dec 31, 2021 | 14.94 Mn |
| Sep 30, 2021 | 9.95 Mn |
Ivanhoe Electric Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=IE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "IE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=IE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();