NexMetals Mining (NEXM) Research & Development (2023 - 2026)
NexMetals Mining (NEXM) posted quarterly 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 reported Research & Development for 4 consecutive years, with $5.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 31.66% year-over-year to $5.6 million; the TTM figure through Mar 2026 stood at $27.3 million (up 30.23% YoY), while the FY2025 annual figure was $25.9 million, up 22.01% from the prior year.
- Research & Development fell to $5.6 million in Q1 2026 per NEXM's latest filing, from $6.4 million in the prior quarter.
- Across five years, Research & Development topped out at $7.7 million in Q3 2025 and bottomed at $3.0 million in Q1 2023.
- Historically, Research & Development has averaged $5.3 million across 4 years, with a median of $5.5 million in 2024.
- On a YoY basis, Research & Development climbed as much as 95.81% in 2024 and fell as far as 21.78% in 2024.
- NexMetals Mining's Research & Development stood at $7.1 million in 2023, then decreased by 21.78% to $5.5 million in 2024, then gained by 16.64% to $6.4 million in 2025, then slipped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -2.89 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | - |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 6.56 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.26 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 10.77 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | NexMetals Mining | 79.49 Mn | 79.49 Mn | - | 6.93 Mn |
Historic Data
Download 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 |