Lightbridge (LTBR) Research & Development (2011 - 2026)
Lightbridge (LTBR) reported Research & Development of $3.3 million for Q1 2026, up 100.95% on a YoY basis from $1.7 million in Q1 2025, and down 13.38% sequentially from $3.9 million in Q4 2025.
Lightbridge (LTBR) Research & Development (2011 - 2026) Analysis & Trends
Lightbridge (LTBR) has 14 years of Research & Development data on file, last reported at $3.3 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 100.95% year-over-year to $3.3 million; the trailing twelve-month figure through Mar 2026 stood at $10.9 million (up 107.82% YoY), and the FY2025 full-year result was $9.2 million, up 100.27% from the prior year.
- Research & Development retreated to $3.3 million in Q1 2026, 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 $172871.0 in Q3 2022.
- A 5-year average of $1.3 million and a median of $1.0 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development slumped 60.68% in 2022 and soared 219.75% in 2023, its largest moves.
- Tracing LTBR's Research & Development over 5 years: stood at $172871.0 in 2022, then jumped by 221.17% to $555215.0 in 2023, then soared by 146.2% to $1.4 million in 2024, then surged by 182.74% to $3.9 million in 2025, then decreased by 13.38% to $3.3 million in 2026.
- Business Quant data shows LTBR's Research & Development at $3.3 million in Q1 2026, $3.9 million in Q4 2025, and $2.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 413.55 Bn | 413.53 Bn | 6.04 Mn | 1.48 Mn |
| 2 | Vertiv Holdings | 109.26 Bn | 106.76 Bn | 999.70 Mn | - |
| 3 | Bloom Energy | 53.01 Bn | 50.51 Bn | 225.54 Mn | 56.85 Mn |
| 4 | Hubbell | 26.33 Bn | 25.81 Bn | 505.30 Mn | - |
| 5 | nVent Electric | 24.09 Bn | 23.90 Bn | 445.60 Mn | 22.70 Mn |
| 6 | Advanced Energy Industries | 10.99 Bn | 10.29 Bn | 200.90 Mn | 62.40 Mn |
| 7 | Acuity Inc. (De) | 10.14 Bn | 9.72 Bn | 606.40 Mn | - |
| 8 | Powell Industries | 8.00 Bn | 7.45 Bn | 87.94 Mn | 4.29 Mn |
| 9 | EnerSys | 7.11 Bn | 6.67 Bn | 290.87 Mn | - |
| 10 | Lightbridge | 19.61 Mn | 19.61 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 |
| Sep 30, 2022 | 172,871.00 |
| Mar 31, 2022 | 262,823.00 |
| Dec 31, 2021 | -1.08 Mn |
| Sep 30, 2021 | 439,630.00 |
| Jun 30, 2021 | 30,000.00 |
| Mar 31, 2021 | 369,450.00 |
| Dec 31, 2020 | 124,128.00 |