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| 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 |