Northern Dynasty Minerals (NAK) Research & Development (2009 - 2026)
Northern Dynasty Minerals' Research & Development was $1.32 million in the quarter ended Jun 30, 2026, up 45.0% from $910,079 a year earlier but down 36.8% from the prior quarter.
Northern Dynasty Minerals (NAK) Research & Development (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Northern Dynasty Minerals' Research & Development was $6.36 million through Jun 30, 2026, up 42.1% year-over-year; for the year ended Dec 31, 2025, it came in at $5.29 million, up 28.1% from the prior year.
- In earlier years, Research & Development was $4.13 million in the year ended Dec 31, 2024 (-28.0%), $5.73 million in the year ended Dec 31, 2023 (-19.6%), $7.13 million in the year ended Dec 31, 2022 (+146.1%) and $2.9 million in the year ended Dec 31, 2021.
- Quarterly Research & Development has moved between $664,607 (the quarter ended Jun 30, 2024) and $2.31 million (the quarter ended Sep 30, 2021) over five years.
- Compared with a year earlier, Research & Development has increased for six straight quarters, with growth averaging 24.0% over the last eight quarters.
- The best year-over-year quarter for Research & Development over five years was the quarter ended Sep 30, 2025 (growth of 84.4%); the worst was the quarter ended Sep 30, 2021 (a decline of 78.7%).
- Per Business Quant data, NAK's Research & Development in the three quarters before the quarter ended Jun 30, 2026 was $2.09 million (quarter ended Mar 31, 2026), $1.69 million (quarter ended Dec 31, 2025) and $1.26 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 47.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | Northern Dynasty Minerals | 773.48 Mn | 625.08 Mn | - | 1.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.32 Mn |
| Mar 31, 2026 | 2.09 Mn |
| Dec 31, 2025 | 1.69 Mn |
| Sep 30, 2025 | 1.26 Mn |
| Jun 30, 2025 | 910,079.46 |
| Mar 31, 2025 | 1.42 Mn |
| Dec 31, 2024 | 1.46 Mn |
| Sep 30, 2024 | 683,205.78 |
| Jun 30, 2024 | 664,606.76 |
| Mar 31, 2024 | 1.31 Mn |
| Dec 31, 2023 | 1.51 Mn |
| Sep 30, 2023 | 1.18 Mn |
| Jun 30, 2023 | 1.35 Mn |
| Mar 31, 2023 | 1.68 Mn |
| Dec 31, 2022 | 2.17 Mn |
| Sep 30, 2022 | 1.41 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 1.82 Mn |
| Dec 31, 2021 | 2.90 Mn |
| Sep 30, 2021 | 2.31 Mn |
Northern Dynasty Minerals Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=NAK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NAK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=NAK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();