Americas Gold & Silver USAS
NYSE USAS
$5.33 +0.13 (+2.46%)
As of: Sep 9, 2026 · 3:59 PM EDT

Americas Gold & Silver (USAS) Research & Development (2016 - 2026)

Americas Gold & Silver's (USAS) quarterly Research & Development came in at -$1.5 million in Q2 2026, down 64.16% year-over-year from -$4.2 million in Q2 2025, and up 24.0% quarter-over-quarter from -$2.0 million in Q1 2026.

Analysis

Americas Gold & Silver (USAS) Research & Development (2016 - 2026) Analysis & Trends

Americas Gold & Silver (USAS) has reported Research & Development for 11 consecutive years, with -$1.5 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 64.16% year-over-year to -$1.5 million in Q2 2026; TTM through Jun 2026 was $378000.0, a 79.64% decrease from a year earlier, with the FY2025 full-year figure at $6.1 million, up 1.59% from the prior year.
  • Research & Development was -$1.5 million for Q2 2026 at Americas Gold & Silver, up from -$2.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $3.1 million in Q4 2024 and troughed at -$2.0 million in Q1 2026.
  • A 5-year average of -$295277.8 and a median of -$907000.0 in 2022 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development sank 283.46% in 2023 and surged 460.21% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at -$728000.0 in 2022, then declined by 19.09% to -$867000.0 in 2023, then surged by 460.21% to $3.1 million in 2024, then sank by 30.87% to $2.2 million in 2025, then plunged by 169.8% to -$1.5 million in 2026.
  • The last three Research & Development figures came in at -$1.5 million (Q2 2026), -$2.0 million (Q1 2026), and $2.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Coeur Mining 21.60 Bn 20.55 Bn 535.85 Mn -
2 Pan American Silver 20.16 Bn 18.60 Bn 457,000.00 -
3 Hecla Mining 13.94 Bn 13.46 Bn 332.52 Mn 11.68 Mn
4 First Majestic Silver 10.14 Bn 8.89 Bn 223.62 Mn -
5 Endeavour Silver 3.15 Bn 2.92 Bn 74.00 Mn -
6 Silvercorp Metals 2.75 Bn 2.37 Bn 104.04 Mn -
7 Americas Gold & Silver 1.43 Bn 1.34 Bn 22.23 Mn -1.51 Mn
8 Vizsla Silver 1.39 Bn 1.39 Bn - -1.34 Mn
9 New Pacific Metals 1.05 Bn 1.05 Bn - -
10 Santacruz Silver Mining 935.33 Mn 868.31 Mn 51.14 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -1.51 Mn
Mar 31, 2026 -1.98 Mn
Dec 31, 2025 2.16 Mn
Sep 30, 2025 1.71 Mn
Jun 30, 2025 -918,000.00
Mar 31, 2025 -1.28 Mn
Dec 31, 2024 3.12 Mn
Sep 30, 2024 932,000.00
Jun 30, 2024 -900,000.00
Mar 31, 2024 -1.02 Mn
Dec 31, 2023 -867,000.00
Sep 30, 2023 -965,000.00
Jun 30, 2023 -945,000.00
Mar 31, 2023 -655,000.00
Dec 31, 2022 -728,000.00
Sep 30, 2022 526,000.00
Jun 30, 2022 -914,000.00
Mar 31, 2022 -1.09 Mn
Dec 31, 2021 -755,000.00
Sep 30, 2021 -613,000.00