NexMetals Mining (NEXM) Research & Development (2023 - 2026)
NexMetals Mining (NEXM) posted Research & Development of $6.93 million for Q2 2026, down 7.0% from $7.46 million a year earlier but up 23.2% from the prior quarter.
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Analysis
NexMetals Mining (NEXM) Research & Development (2023 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at NexMetals Mining was $26.75 million, up 13.4% year-over-year; for FY2025, it was $25.85 million, up 19.3% from FY2024.
- Annual Research & Development has increased for three consecutive years, with a three-year compound annual growth rate of 20.3% (FY2022 to FY2025).
- In prior years, NexMetals Mining's Research & Development was $21.66 million in FY2024 (+27.8%), $16.95 million in FY2023 (+14.1%) and $14.85 million in FY2022.
- Quarterly Research & Development has run from a low of $2.97 million in Q1 2023 to a high of $7.74 million in Q3 2025 over five years.
- On a year-over-year basis, Research & Development increased in six of the last eight quarters, with growth averaging 24.1%.
- The strongest year-over-year quarter for Research & Development in the past five years was Q3 2024, with growth of 95.8%; the weakest was Q4 2024, with a decline of 21.8%.
- According to Business Quant data, Research & Development for the three prior quarters was $5.63 million (Q1 2026), $6.44 million (Q4 2025) and $7.74 million (Q3 2025).
Peer Set
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 | NexMetals Mining | 71.30 Mn | 71.30 Mn | - | 6.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.93 Mn |
| 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 | 4.25 Mn |
| Dec 31, 2023 | 7.06 Mn |
| Sep 30, 2023 | 3.23 Mn |
| Jun 30, 2023 | 3.65 Mn |
| Mar 31, 2023 | 2.97 Mn |
API Access
NexMetals Mining 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=NEXM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "NEXM", "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=NEXM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();