Nicola Mining NICM
NASDAQ NICM
$6.67 +0.18 (+2.77%)
At close: Aug 20, 2026 · 4:00 PM EDT

Nicola Mining (NICM) Research & Development (2024 - 2026)

Nicola Mining (NICM) posted quarterly Research & Development of -$44599.7 for Q1 2026, up 51.4% year-over-year from -$29457.6 in Q1 2025, and down 100.0% quarter-over-quarter from $184.3 billion in Q4 2025.

Nicola Mining (NICM) Research & Development (2024 - 2026) Analysis & Trends

Nicola Mining's Research & Development history runs 3 years deep, the most recent figure standing at -$44599.7 for Q1 2026.

  • In Q1 2026, Research & Development rose 51.4% year-over-year to -$44599.7; the TTM figure through Mar 2026 stood at $499.9 billion (changed N/A YoY), while the FY2025 annual figure was $870613.7, down 32.25% from the prior year.
  • Research & Development for Q1 2026 stood at -$44599.7, down from $184.3 billion in the prior quarter.
  • The five-year high for Research & Development was $315.7 billion in Q4 2024, with the low at -$91774.8 in Q1 2025.
  • The 3-year median for Research & Development is $92.1 billion (2025), against an average of $125.0 billion.
  • The sharpest annual moves came in 2025 and 2026: Research & Development slumped 41.63% in 2025, then jumped 51.4% in 2026.
  • Nicola Mining's Research & Development stood at $315.7 billion in 2024, then plunged by 41.63% to $184.3 billion in 2025, then slumped by 100.0% to -$44599.7 in 2026.
  • Business Quant data shows NICM's Research & Development at -$44599.7 in Q1 2026, $184.3 billion in Q4 2025, and -$91774.8 in Q1 2025.

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 Nicola Mining 1.49 Bn 1.49 Bn -34,776.32 -649,009.78

Historic Data

Download Data
DateValue
Mar 31, 2026 -44,599.68
Dec 31, 2025 184.26 Bn
Mar 31, 2025 -91,774.84
Dec 31, 2024 315.68 Bn