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| Date | Value |
|---|---|
| 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 |