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
DateValue
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