U.S. Gold (USAU) Research & Development (2010 - 2026)
U.S. Gold (USAU) reported Research & Development of $335,641 for fiscal Q1 2027 (quarter ended Jul 31, 2026), up 22.0% from $275,081 a year earlier but down 28.3% from the prior quarter.
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Analysis
U.S. Gold (USAU) Research & Development (2010 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, U.S. Gold's Research & Development came in at $1.85 million, down 6.9% year-over-year; for FY2026 (ended Apr 30, 2026), it came in at $1.79 million, down 26.2% from FY2025.
- Research & Development has a five-year compound annual growth rate of -15.0% (FY2021 to FY2026).
- By fiscal year, Research & Development came in at $2.42 million in FY2025 (+64.8%), $1.47 million in FY2024 (-18.6%), $1.8 million in FY2023 (-75.0%) and $7.23 million in FY2022 (+79.9%).
- Five-year quarterly Research & Development spans a low of $131,156 in fiscal Q4 2024 and a high of $2.94 million in fiscal Q2 2022.
- Year over year, Research & Development gained in six of the last eight quarters, with growth averaging 68.6%.
- The high point for year-over-year Research & Development in five years was fiscal Q3 2025 (growth of 290.4%); the low point was fiscal Q2 2023 (a decline of 84.5%).
- Per Business Quant data, the three fiscal quarters before Q1 2027 came in at $468,181 (Q4 2026), $436,910 (Q3 2026) and $605,289 (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 14.90 Mn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 47.00 Mn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | - |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 53.00 Mn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | - |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 134.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | - |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | - |
| 10 | U.S. Gold | 244.59 Mn | 244.59 Mn | - | 335,641.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 335,641.00 |
| Apr 30, 2026 | 468,181.00 |
| Jan 31, 2026 | 436,910.00 |
| Oct 31, 2025 | 605,289.00 |
| Jul 31, 2025 | 275,081.00 |
| Apr 30, 2025 | 462,909.00 |
| Jan 31, 2025 | 745,234.00 |
| Oct 31, 2024 | 499,965.00 |
| Jul 31, 2024 | 712,085.00 |
| Apr 30, 2024 | 131,156.00 |
| Jan 31, 2024 | 190,895.00 |
| Oct 31, 2023 | 305,238.00 |
| Jul 31, 2023 | 841,541.00 |
| Apr 30, 2023 | 253,196.00 |
| Jan 31, 2023 | 334,189.00 |
| Oct 31, 2022 | 454,735.00 |
| Jul 31, 2022 | 762,861.00 |
| Apr 30, 2022 | 832,942.00 |
| Jan 31, 2022 | 1.63 Mn |
| Oct 31, 2021 | 2.94 Mn |
API Access
U.S. Gold 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=USAU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "USAU", "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=USAU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();