New Found Gold (NFGC) Research & Development (2020 - 2026)

New Found Gold has disclosed Research & Development across 7 years of filings, most recently posting $9.2 million for Q1 2026.

• Research & Development for Q1 2026 came in at $9.2 million, up 129.24% year-over-year; the trailing twelve-month figure through Mar 2026 was -$16.6 million (up 30.56% YoY), and the FY2025 annual result was $29.7 million, up 2958.96% from the prior year.
• Research & Development came in at $9.2 million for Q1 2026 at New Found Gold, up from -$9.7 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $20.1 million in Q3 2023 to a low of -$57.2 million in Q4 2023.
• The 5-year median for Research & Development is $9.2 million (2026), against an average of $1.6 million.
• Across the five-year window, Research & Development sank 466.88% in 2023 and jumped 129.24% in 2026, its largest moves.
• New Found Gold's Research & Development stood at $15.6 million in 2022, then tumbled by 466.88% to -$57.2 million in 2023, then soared by 80.71% to -$11.0 million in 2024, then advanced by 11.7% to -$9.7 million in 2025, then jumped by 193.97% to $9.2 million in 2026.
• The last three Research & Development figures came in at $9.2 million (Q1 2026), -$9.7 million (Q4 2025), and -$9.8 million (Q3 2025), per Business Quant data.