Americas Gold & Silver (USAS) Research & Development (2016 - 2025)
Americas Gold & Silver (USAS) posted quarterly 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 reported Research & Development for 10 consecutive years, with $10.0 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Research & Development rose 13.09% year-over-year to $10.0 million; the TTM figure through Dec 2025 stood at $6.1 million (up 1.59% YoY), while the FY2025 annual figure was $6.1 million, up 1.59% from the prior year.
- Research & Development rose to $10.0 million in Q4 2025 per USAS's latest filing, from -$1.7 million in the prior quarter.
- Across five years, Research & Development topped out at $10.0 million in Q4 2025 and bottomed at -$1.7 million in Q3 2025.
- Historically, Research & Development has averaged $1.2 million across 5 years, with a median of -$916000.0 in 2022.
- Annual changes were most pronounced in 2022 — Research & Development soared 185.81% — and 2023, when it plunged 283.46%.
- Americas Gold & Silver's Research & Development stood at $7.0 million in 2021, then decreased by 2.22% to $6.8 million in 2022, then retreated by 12.32% to $6.0 million in 2023, then jumped by 47.06% to $8.8 million in 2024, then advanced 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 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -2.89 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | - |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | - |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 6.56 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.26 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 10.77 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | - |
| 10 | Americas Gold & Silver | 1.41 Bn | 1.28 Bn | 16.76 Mn | 9.97 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 | 526,000.00 |
| 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 |