Mako Mining (MAKO) Research & Development (2024 - 2026)
Mako Mining (MAKO) reported Research & Development of -$1.8 million for Q1 2026, down 71.04% year-over-year from -$6.3 million in Q1 2025, and up 10.35% quarter-over-quarter from -$2.0 million in Q4 2025.
Mako Mining (MAKO) Research & Development (2024 - 2026) Analysis & Trends
Mako Mining (MAKO) has 3 years of Research & Development data on file, last reported at -$1.8 million in Q1 2026.
- Research & Development for Q1 2026 came in at -$1.8 million, down 71.04% year-over-year; the trailing twelve-month figure through Mar 2026 was -$4.0 million (changed N/A YoY), and the FY2025 annual result was $9.4 million, up 292.86% from the prior year.
- Research & Development climbed to -$1.8 million in Q1 2026 per MAKO's latest filing, from -$2.0 million in the prior quarter.
- Over five years, Research & Development peaked at $888368.8 in Q4 2024 and troughed at -$2.0 million in Q4 2025.
- A 3-year average of -$1.0 million and a median of -$1.4 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2025 and 2026: Research & Development tumbled 329.0% in 2025, then slumped 71.04% in 2026.
- A 3-year view of Research & Development shows it stood at $888368.8 in 2024, then plunged by 329.0% to -$2.0 million in 2025, then rose by 10.35% to -$1.8 million in 2026.
- Business Quant data shows MAKO's Research & Development at -$1.8 million in Q1 2026, -$2.0 million in Q4 2025, and -$1.1 million in Q1 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 | Mako Mining | 1.18 Mn | -93.57 Mn | 30.15 Mn | -1.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.82 Mn |
| Dec 31, 2025 | -2.03 Mn |
| Mar 31, 2025 | -1.07 Mn |
| Dec 31, 2024 | 888,368.78 |