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| 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 | 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 |