NexMetals Mining (NEXM) Research & Development (2023 - 2026)

NexMetals Mining (NEXM) reported Research & Development of $5.6 million for Q1 2026, up 31.66% year-over-year from $4.3 million in Q1 2025, and down 12.6% quarter-over-quarter from $6.4 million in Q4 2025.

NexMetals Mining (NEXM) Research & Development (2023 - 2026) Analysis & Trends

NexMetals Mining (NEXM) has 4 years of Research & Development data on file, last reported at $5.6 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $5.6 million, up 31.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.3 million (up 30.23% YoY), and the FY2025 annual result was $25.9 million, up 22.01% from the prior year.
  • Research & Development slipped to $5.6 million in Q1 2026 per NEXM's latest filing, from $6.4 million in the prior quarter.
  • Over five years, Research & Development peaked at $7.7 million in Q3 2025 and troughed at $667470.9 in Q1 2023.
  • A 4-year average of $4.9 million and a median of $5.5 million in 2024 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2024 and 2025: Research & Development dropped 21.78% in 2024, then surged 192.23% in 2025.
  • A 4-year view of Research & Development shows it stood at $7.1 million in 2023, then retreated by 21.78% to $5.5 million in 2024, then rose by 16.64% to $6.4 million in 2025, then decreased by 12.6% to $5.6 million in 2026.
  • Business Quant data shows NEXM's Research & Development at $5.6 million in Q1 2026, $6.4 million in Q4 2025, and $7.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 643,159.42
4 Ioneer 10.78 Bn 10.76 Bn - 209.01 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn -
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 6.16 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 9.97 Mn
10 NexMetals Mining 66.82 Mn 47.70 Mn - 5.63 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.63 Mn
Dec 31, 2025 6.44 Mn
Sep 30, 2025 7.74 Mn
Jun 30, 2025 7.46 Mn
Mar 31, 2025 4.28 Mn
Dec 31, 2024 5.52 Mn
Sep 30, 2024 6.33 Mn
Jun 30, 2024 4.82 Mn
Mar 31, 2024 1.46 Mn
Dec 31, 2023 7.06 Mn
Sep 30, 2023 3.23 Mn
Jun 30, 2023 3.65 Mn
Mar 31, 2023 667,470.93