Orla Mining (ORLA) Research & Development (2019 - 2026)

Orla Mining (ORLA) posted quarterly Research & Development of -$6.0 million for Q1 2026, up 32.06% YoY from -$4.6 million in Q1 2025, and up 50.85% sequentially from -$12.3 million in Q4 2025.

Orla Mining (ORLA) Research & Development (2019 - 2026) Analysis & Trends

Orla Mining has disclosed Research & Development across 8 years of filings, most recently posting -$6.0 million for Q1 2026.

  • In Q1 2026, Research & Development rose 32.06% year-over-year to -$6.0 million; the TTM figure through Mar 2026 stood at -$40.5 million (down 4.56% YoY), while the FY2025 annual figure was -$12.3 million, down 100.54% from the prior year.
  • Research & Development advanced to -$6.0 million in Q1 2026, from -$12.3 million in the prior quarter.
  • Over the last five years, Research & Development for ORLA reached as high as $11.2 million in Q3 2023 and fell as low as -$13.7 million in Q3 2024.
  • The 5-year median for Research & Development is -$6.9 million (2023), against an average of -$5.9 million.
  • Annual changes were most pronounced in 2023 — Research & Development soared 383.39% — and 2024, when it tumbled 221.54%.
  • A 5-year view of Research & Development shows it stood at -$5.6 million in 2022, then sank by 66.21% to -$9.3 million in 2023, then fell by 2.5% to -$9.5 million in 2024, then slipped by 28.52% to -$12.3 million in 2025, then surged by 50.85% to -$6.0 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered -$6.0 million, -$12.3 million, and -$12.8 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 Orla Mining 3.36 Bn 2.90 Bn - -6.03 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -6.03 Mn
Dec 31, 2025 -12.27 Mn
Sep 30, 2025 -12.78 Mn
Jun 30, 2025 -9.41 Mn
Mar 31, 2025 -8.88 Mn
Dec 31, 2024 -9.55 Mn
Sep 30, 2024 -13.65 Mn
Jun 30, 2024 -6.65 Mn
Mar 31, 2024 -4.74 Mn
Dec 31, 2023 -9.32 Mn
Sep 30, 2023 11.23 Mn
Jun 30, 2023 7.20 Mn
Mar 31, 2023 -6.87 Mn
Dec 31, 2022 -5.61 Mn
Sep 30, 2022 -8.33 Mn
Jun 30, 2022 -2.54 Mn
Mar 31, 2022 -2.47 Mn
Dec 31, 2021 -2.86 Mn
Sep 30, 2021 -3.57 Mn
Jun 30, 2021 -3.76 Mn