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
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 -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