Kinross Gold (KGC) Research & Development (2009 - 2026)
Kinross Gold (KGC) reported Research & Development of $38.2 million for Q1 2026, down 9.69% year-over-year from $42.3 million in Q1 2025, and down 23.14% quarter-over-quarter from $49.7 million in Q4 2025.
Kinross Gold (KGC) Research & Development (2009 - 2026) Analysis & Trends
Kinross Gold (KGC) has 18 years of Research & Development data on file, last reported at $38.2 million in Q1 2026.
- Research & Development for Q1 2026 came in at $38.2 million, down 9.69% year-over-year; the trailing twelve-month figure through Mar 2026 was $200.3 million (up 0.96% YoY), and the FY2025 annual result was $204.4 million, up 3.34% from the prior year.
- Research & Development fell to $38.2 million in Q1 2026 per KGC's latest filing, from $49.7 million in the prior quarter.
- Over five years, Research & Development peaked at $61.7 million in Q2 2025 and troughed at $23.4 million in Q1 2022.
- A 5-year average of $45.9 million and a median of $49.3 million in 2023 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2026: Research & Development jumped 95.56% in 2022, then retreated 9.69% in 2026.
- A 5-year view of Research & Development shows it stood at $48.5 million in 2022, then climbed by 4.54% to $50.7 million in 2023, then gained by 0.2% to $50.8 million in 2024, then decreased by 2.17% to $49.7 million in 2025, then decreased by 23.14% to $38.2 million in 2026.
- Business Quant data shows KGC's Research & Development at $38.2 million in Q1 2026, $49.7 million in Q4 2025, and $50.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 116.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 7.50 Mn |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 38.20 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 45.00 Mn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | -60.00 Mn |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | -177,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.20 Mn |
| Dec 31, 2025 | 49.70 Mn |
| Sep 30, 2025 | 50.70 Mn |
| Jun 30, 2025 | 61.70 Mn |
| Mar 31, 2025 | 42.30 Mn |
| Dec 31, 2024 | 50.80 Mn |
| Sep 30, 2024 | 49.60 Mn |
| Jun 30, 2024 | 55.70 Mn |
| Mar 31, 2024 | 41.70 Mn |
| Dec 31, 2023 | 50.70 Mn |
| Sep 30, 2023 | 51.00 Mn |
| Jun 30, 2023 | 49.30 Mn |
| Mar 31, 2023 | 34.00 Mn |
| Dec 31, 2022 | 48.50 Mn |
| Sep 30, 2022 | 42.30 Mn |
| Jun 30, 2022 | 39.90 Mn |
| Mar 31, 2022 | 23.40 Mn |
| Dec 31, 2021 | 24.80 Mn |
| Sep 30, 2021 | 24.40 Mn |
| Jun 30, 2021 | 20.70 Mn |