Lightbridge (LTBR) Research & Development (2011 - 2026)
Lightbridge's (LTBR) quarterly Research & Development came in at $3.3 million in Q1 2026, up 100.95% year-on-year from $1.7 million in Q1 2025, and down 13.38% quarter-over-quarter from $3.9 million in Q4 2025.
Lightbridge (LTBR) Research & Development (2011 - 2026) Analysis & Trends
Lightbridge has disclosed Research & Development across 14 years of filings, most recently posting $3.3 million for Q1 2026.
- Research & Development for Q1 2026 came in at $3.3 million, up 100.95% year-over-year; the trailing twelve-month figure through Mar 2026 was $10.9 million (up 107.82% YoY), and the FY2025 annual result was $9.2 million, up 100.27% from the prior year.
- Research & Development came in at $3.3 million for Q1 2026 at Lightbridge, down from $3.9 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $3.9 million in Q4 2025 to a low of $68648.0 in Q4 2022.
- The 5-year median for Research & Development is $909612.0 (2024), against an average of $1.2 million.
- Across the five-year window, Research & Development slumped 75.84% in 2022 and surged 708.79% in 2023, its largest moves.
- Lightbridge's Research & Development stood at $68648.0 in 2022, then soared by 708.79% to $555215.0 in 2023, then jumped by 146.2% to $1.4 million in 2024, then soared by 182.74% to $3.9 million in 2025, then slipped by 13.38% to $3.3 million in 2026.
- The last three Research & Development figures came in at $3.3 million (Q1 2026), $3.9 million (Q4 2025), and $2.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 56.85 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 22.70 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 62.40 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 4.29 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 10.94 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | - |
| 10 | Lightbridge | 326.20 Mn | 326.20 Mn | - | 3.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.35 Mn |
| Dec 31, 2025 | 3.86 Mn |
| Sep 30, 2025 | 2.04 Mn |
| Jun 30, 2025 | 1.64 Mn |
| Mar 31, 2025 | 1.67 Mn |
| Dec 31, 2024 | 1.37 Mn |
| Sep 30, 2024 | 1.30 Mn |
| Jun 30, 2024 | 909,612.00 |
| Mar 31, 2024 | 1.02 Mn |
| Dec 31, 2023 | 555,215.00 |
| Sep 30, 2023 | 552,751.00 |
| Jun 30, 2023 | 366,855.00 |
| Mar 31, 2023 | 448,044.00 |
| Dec 31, 2022 | 68,648.00 |
| Sep 30, 2022 | 172,871.00 |
| Jun 30, 2022 | 165,476.00 |
| Mar 31, 2022 | 262,823.00 |
| Dec 31, 2021 | 284,102.00 |
| Sep 30, 2021 | 439,630.00 |
| Jun 30, 2021 | 30,000.00 |