Nova Minerals (NVA) Research & Development (2023 - 2025)

Nova Minerals (NVA) recorded quarterly Research & Development of $73.6 million in Q4 2025, up 14.78% quarter-over-quarter from $64.1 million in Q2 2025, and up 11.05% on a YoY basis from $66.3 million in Q4 2024.

Nova Minerals (NVA) Research & Development (2023 - 2025) Analysis & Trends

Nova Minerals' Research & Development history runs 3 years deep, the most recent figure standing at $73.6 million for Q4 2025.

  • In Q4 2025, Research & Development rose 11.05% year-over-year to $73.6 million; the TTM figure through Dec 2025 stood at $73.6 million (up 11.05% YoY), while the FY2025 annual figure was $64.1 million, up 5.64% from the prior year.
  • Research & Development was $73.6 million for Q4 2025 at Nova Minerals, up from $64.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $73.6 million in Q4 2025 to a low of $54.2 million in Q2 2023.
  • Historically, Research & Development has averaged $63.8 million across 3 years, with a median of $64.1 million in 2025.
  • The sharpest annual moves came in 2024 and 2025: Research & Development rose 12.04% in 2024, then climbed 5.64% in 2025.
  • A 3-year view of Research & Development shows it stood at $54.2 million in 2023, then rose by 22.33% to $66.3 million in 2024, then grew by 11.05% to $73.6 million in 2025.
  • The last three Research & Development figures came in at $73.6 million (Q4 2025), $64.1 million (Q2 2025), and $66.3 million (Q4 2024), per Business Quant data.

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 Nova Minerals 994.60 Mn 953.30 Mn - 73.61 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 73.61 Mn
Jun 30, 2025 64.13 Mn
Dec 31, 2024 66.28 Mn
Jun 30, 2024 60.71 Mn
Jun 30, 2023 54.18 Mn