New Found Gold NFGC
NYSE NFGC
$1.70 -0.03 (-2.02%)
As of: Sep 10, 2026 · 12:58 PM EDT

New Found Gold (NFGC) Research & Development (2021 - 2026)

New Found Gold's (NFGC) quarterly Research & Development came in at $10.7 million in Q2 2026, up 71.72% year-over-year from $6.2 million in Q2 2025, and up 16.97% quarter-over-quarter from $9.2 million in Q1 2026.

Analysis

New Found Gold (NFGC) Research & Development (2021 - 2026) Analysis & Trends

New Found Gold has disclosed Research & Development across 6 years of filings, most recently posting $10.7 million for Q2 2026.

  • In Q2 2026, Research & Development rose 71.72% year-over-year to $10.7 million; the TTM figure through Jun 2026 stood at $366803.9 (up 103.58% YoY), while the FY2025 annual figure was $29.6 million, down 22.86% from the prior year.
  • Research & Development came in at $10.7 million for Q2 2026 at New Found Gold, up from $9.2 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $158.6 million in Q4 2023 to a low of -$11.0 million in Q4 2024.
  • Average Research & Development over 5 years is $19.1 million, with a median of $10.6 million recorded in 2026.
  • Year-over-year, Research & Development soared 861.8% in 2022 and tumbled 146.91% in 2024.
  • Over 5 years, Research & Development stood at $92.3 million in 2022, then jumped by 71.81% to $158.6 million in 2023, then plunged by 106.96% to -$11.0 million in 2024, then advanced by 11.7% to -$9.7 million in 2025, then jumped by 209.92% to $10.7 million in 2026.
  • Per Business Quant data, the three most recent Research & Development figures were $10.7 million in Q2 2026, $9.2 million in Q1 2026, and -$9.7 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Newmont 134.87 Bn 126.03 Bn 4.03 Bn 69.00 Mn
2 Barrick Mining 74.55 Bn 68.63 Bn 2.90 Bn 134.00 Mn
3 AngloGold Ashanti 53.23 Bn 50.28 Bn 1.70 Bn -37.00 Mn
4 Alamos Gold 15.10 Bn 14.42 Bn 587.30 Mn 8.00 Mn
5 Iamgold 11.65 Bn 11.15 Bn 415.10 Mn -7.80 Mn
6 Eldorado Gold 8.77 Bn 8.21 Bn 302.67 Mn 14.98 Mn
7 Buenaventura Mining 8.74 Bn 7.79 Bn - -
8 Equinox Gold 7.77 Bn 7.92 Bn 428.20 Mn -9.84 Mn
9 B2Gold 7.17 Bn 7.17 Bn 308.29 Mn -
10 New Found Gold 397.71 Mn 255.25 Mn 11.28 Mn 10.71 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 10.71 Mn
Mar 31, 2026 9.16 Mn
Dec 31, 2025 -9.74 Mn
Sep 30, 2025 -9.75 Mn
Jun 30, 2025 6.24 Mn
Mar 31, 2025 3.99 Mn
Dec 31, 2024 -11.03 Mn
Sep 30, 2024 -9.43 Mn
Jun 30, 2024 -7.40 Mn
Mar 31, 2024 16.06 Mn
Dec 31, 2023 158.56 Mn
Sep 30, 2023 20.10 Mn
Jun 30, 2023 18.58 Mn
Mar 31, 2023 16.01 Mn
Dec 31, 2022 92.29 Mn
Sep 30, 2022 15.12 Mn
Jun 30, 2022 13.55 Mn
Mar 31, 2022 10.47 Mn
Dec 31, 2021 9.60 Mn
Sep 30, 2021 9.47 Mn