OR Royalties OR
NYSE OR
$35.74 +0.44 (+1.26%)
As of: Aug 21, 2026 · 9:48 AM EDT

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% quarter-over-quarter from -$2.4 million in Q4 2025.

OR Royalties (OR) Research & Development (2015 - 2026) Analysis & Trends

OR Royalties' Research & Development history runs 12 years deep, the most recent figure standing at -$2.6 million for 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 for Q1 2026 stood at -$2.6 million, down from -$2.4 million in the prior quarter.
  • The five-year high for Research & Development was $33.5 million in Q2 2022, with the low at -$2.8 million in Q2 2025.
  • The 5-year median for Research & Development is -$1.1 million (2022), against an average of $1.2 million.
  • The sharpest annual moves came in 2025 and 2026: Research & Development surged 105.64% in 2025, then plunged 222.85% in 2026.
  • OR Royalties' Research & Development stood at -$1.1 million in 2022, then tumbled by 37.01% to -$1.5 million in 2023, then slumped by 32.03% to -$2.0 million in 2024, then fell by 19.38% to -$2.4 million in 2025, then retreated by 7.67% to -$2.6 million in 2026.
  • Business Quant data shows OR's Research & Development at -$2.6 million in Q1 2026, -$2.4 million in Q4 2025, and -$2.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Newmont 139.46 Bn 130.45 Bn 4.03 Bn 69.00 Mn
2 Agnico Eagle Mines 108.56 Bn 105.09 Bn 2.43 Bn 61.53 Mn
3 Barrick Mining 78.57 Bn 72.64 Bn 2.90 Bn 134.00 Mn
4 Wheaton Precious Metals 70.59 Bn 70.49 Bn 687.86 Mn -
5 AngloGold Ashanti 61.27 Bn 58.44 Bn 1.70 Bn -37.00 Mn
6 Gold Fields 43.02 Bn 41.24 Bn - -
7 Pan American Silver 22.18 Bn 20.61 Bn 457,000.00 -
8 Coeur Mining 21.94 Bn 20.89 Bn 535.85 Mn -
9 Royal Gold 21.85 Bn 21.66 Bn 390.45 Mn -
10 OR Royalties 6.72 Bn 6.64 Bn 82.22 Mn -1.97 Mn

Historic Data

Download Data
DateValue
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 33.54 Mn
Mar 31, 2022 2.87 Mn
Dec 31, 2021 1.82 Mn
Sep 30, 2021 36.44 Mn
Jun 30, 2021 36.89 Mn