OR Royalties (OR) Research & Development (2015 - 2026)
OR Royalties (OR) posted quarterly Research & Development of -$2.6 million for Q1 2026, down 222.85% year-over-year from $2.1 million in Q1 2025, and down 7.67% on a QoQ basis from -$2.4 million in Q4 2025.
OR Royalties (OR) Research & Development (2015 - 2026) Analysis & Trends
OR Royalties (OR) has reported Research & Development for 12 consecutive years, with -$2.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development fell 222.85% year-over-year to -$2.6 million; the TTM figure through Mar 2026 stood at -$9.8 million (down 284.23% YoY), while the FY2025 annual figure was -$9.3 million, down 265.0% from the prior year.
- Research & Development came in at -$2.6 million for Q1 2026 at OR Royalties, down from -$2.4 million in the prior quarter.
- The five-year high for Research & Development was $2.1 million in Q1 2025, with the low at -$2.8 million in Q2 2025.
- Average Research & Development over 5 years is -$914501.3, with a median of -$1.1 million recorded in 2022.
- Across the five-year window, Research & Development soared 105.64% in 2025 and slumped 222.85% in 2026, its largest moves.
- Year by year, Research & Development stood at -$1.1 million in 2022, then sank by 37.01% to -$1.5 million in 2023, then plunged by 32.03% to -$2.0 million in 2024, then dropped by 19.38% to -$2.4 million in 2025, then declined by 7.67% to -$2.6 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered -$2.6 million, -$2.4 million, and -$2.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 116.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | - |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 45.00 Mn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -2.55 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | - |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -177,000.00 |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | - |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 38.20 Mn |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.55 Mn |
| Dec 31, 2025 | -2.37 Mn |
| Sep 30, 2025 | -2.02 Mn |
| Jun 30, 2025 | -2.83 Mn |
| Mar 31, 2025 | 2.08 Mn |
| Dec 31, 2024 | -1.99 Mn |
| Sep 30, 2024 | -1.11 Mn |
| Jun 30, 2024 | -1.53 Mn |
| Mar 31, 2024 | 1.01 Mn |
| Dec 31, 2023 | -1.51 Mn |
| Sep 30, 2023 | -997,309.04 |
| Jun 30, 2023 | -965,554.85 |
| Mar 31, 2023 | 1.11 Mn |
| Dec 31, 2022 | -1.10 Mn |
| Sep 30, 2022 | -922,395.73 |
| Jun 30, 2022 | -988,269.22 |
| Mar 31, 2022 | 1.12 Mn |
| Dec 31, 2021 | -896,469.77 |
| Sep 30, 2021 | -741,978.29 |
| Jun 30, 2021 | -909,523.36 |