Americas Gold & Silver (USAS) Research & Development (2016 - 2025)
Americas Gold & Silver (USAS) reported Research & Development of $10.0 million for Q4 2025, up 13.09% year-over-year from $8.8 million in Q4 2024, and up 683.56% quarter-over-quarter from -$1.7 million in Q3 2025.
Americas Gold & Silver (USAS) Research & Development (2016 - 2025) Analysis & Trends
Americas Gold & Silver (USAS) has 10 years of Research & Development data on file, last reported at $10.0 million in Q4 2025.
- Research & Development for Q4 2025 came in at $10.0 million, up 13.09% year-over-year; the trailing twelve-month figure through Dec 2025 was $6.1 million (up 1.59% YoY), and the FY2025 annual result was $6.1 million, up 1.59% from the prior year.
- Research & Development advanced to $10.0 million in Q4 2025 per USAS's latest filing, from -$1.7 million in the prior quarter.
- Over five years, Research & Development peaked at $10.0 million in Q4 2025 and troughed at -$1.7 million in Q3 2025.
- A 5-year average of $1.2 million and a median of -$925000.0 in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2024 and 2025: Research & Development soared 47.06% in 2024, then slumped 83.37% in 2025.
- A 5-year view of Research & Development shows it stood at $7.0 million in 2021, then retreated by 2.22% to $6.8 million in 2022, then fell by 12.32% to $6.0 million in 2023, then soared by 47.06% to $8.8 million in 2024, then gained by 13.09% to $10.0 million in 2025.
- Business Quant data shows USAS's Research & Development at $10.0 million in Q4 2025, -$1.7 million in Q3 2025, and -$918000.0 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 643,159.42 |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 209.01 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | - |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 6.16 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 9.97 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | 7.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 9.97 Mn |
| Sep 30, 2025 | -1.71 Mn |
| Jun 30, 2025 | -918,000.00 |
| Mar 31, 2025 | -1.28 Mn |
| Dec 31, 2024 | 8.82 Mn |
| Sep 30, 2024 | -932,000.00 |
| Jun 30, 2024 | -900,000.00 |
| Mar 31, 2024 | -1.02 Mn |
| Dec 31, 2023 | 6.00 Mn |
| Sep 30, 2023 | -965,000.00 |
| Jun 30, 2023 | -945,000.00 |
| Mar 31, 2023 | -655,000.00 |
| Dec 31, 2022 | 6.84 Mn |
| Sep 30, 2022 | -1.06 Mn |
| Jun 30, 2022 | -914,000.00 |
| Mar 31, 2022 | -1.09 Mn |
| Dec 31, 2021 | 7.00 Mn |
| Sep 30, 2021 | -613,000.00 |
| Jun 30, 2021 | -999,000.00 |
| Mar 31, 2021 | -1.51 Mn |