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

OR Royalties (OR) recorded quarterly Research & Development of -$2.6 million in Q1 2026, down 7.67% quarter-over-quarter from -$2.4 million in Q4 2025, and down 222.85% on a YoY basis from $2.1 million in Q1 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 was -$2.6 million for Q1 2026 at OR Royalties, down from -$2.4 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $2.1 million in Q1 2025 to a low of -$2.8 million in Q2 2025.
  • Historically, Research & Development has averaged -$914501.3 across 5 years, with a median of -$1.1 million in 2022.
  • The sharpest annual moves came in 2025 and 2026: Research & Development soared 105.64% in 2025, then sank 222.85% in 2026.
  • A 5-year view of Research & Development shows it stood at -$1.1 million in 2022, then plunged by 37.01% to -$1.5 million in 2023, then tumbled by 32.03% to -$2.0 million in 2024, then retreated by 19.38% to -$2.4 million in 2025, then decreased by 7.67% to -$2.6 million in 2026.
  • The last three Research & Development figures came in at -$2.6 million (Q1 2026), -$2.4 million (Q4 2025), and -$2.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 116.00 Mn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn -
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 7.50 Mn
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 38.20 Mn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 45.00 Mn
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn -60.00 Mn
10 OR Royalties 12,304.50 -94.93 Mn 88.84 Mn -2.55 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 -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