Trilogy Metals (TMQ) Research & Development (2016 - 2026)
Trilogy Metals (TMQ) reported Research & Development of $27,000 for fiscal Q3 2026 (quarter ended Aug 31, 2026), down 32.5% from $40,000 a year earlier but up 200.0% from the prior quarter.
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Analysis
Trilogy Metals (TMQ) Research & Development (2016 - 2026) Analysis & Trends
Over the twelve months ended Aug 31, 2026, Trilogy Metals' Research & Development came in at $187,000, up 94.8% year-over-year; for FY2025 (ended Nov 30, 2025), it came in at $166,000, up 361.1% from FY2024.
- Research & Development has a five-year compound annual growth rate of -31.0% (FY2020 to FY2025).
- By fiscal year, Research & Development came in at $36,000 in FY2024 (-16.3%), $43,000 in FY2023 (-8.5%), $47,000 in FY2022 (-67.1%) and $143,000 in FY2021 (-86.6%).
- Five-year quarterly Research & Development spans a low of $1,000 in fiscal Q1 2023 and a high of $126,000 in fiscal Q4 2025.
- The high point for year-over-year Research & Development in five years was fiscal Q4 2022 (growth of 176.9%); the low point was fiscal Q1 2023 (a decline of 96.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $9,000 (Q2 2026), $25,000 (Q1 2026) and $126,000 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 47.00 Mn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 61.53 Mn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | Trilogy Metals | 393.90 Mn | 224.45 Mn | - | 27,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 27,000.00 |
| May 31, 2026 | 9,000.00 |
| Feb 28, 2026 | 25,000.00 |
| Nov 30, 2025 | 126,000.00 |
| Aug 31, 2025 | 40,000.00 |
| Nov 30, 2024 | 8,000.00 |
| Aug 31, 2024 | 28,000.00 |
| Nov 30, 2023 | 20,000.00 |
| Aug 31, 2023 | 22,000.00 |
| Feb 28, 2023 | 1,000.00 |
| Nov 30, 2022 | 36,000.00 |
| Aug 31, 2022 | 11,000.00 |
| Feb 28, 2022 | 29,000.00 |
| Nov 30, 2021 | 13,000.00 |
| Aug 31, 2021 | 130,000.00 |
| Nov 30, 2020 | 91,000.00 |
| Aug 31, 2020 | 232,000.00 |
| May 31, 2020 | 742,000.00 |
| May 31, 2018 | 2.48 Mn |
| Feb 28, 2018 | 1.13 Mn |
API Access
Trilogy Metals Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=TMQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "TMQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=TMQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();