Vale VALE
NYSE VALE
$14.55 +0.32 (+2.25%)
As of: Aug 21, 2026 · 1:49 PM EDT

Vale (VALE) Research & Development (2009 - 2025)

Vale (VALE) posted Research & Development of -$151.0 million for Q3 2025, up 5.03% sequentially from -$159.0 million in Q2 2025, and up 21.35% YoY from -$124.4 million in Q3 2024.

Vale (VALE) Research & Development (2009 - 2025) Analysis & Trends

Vale has reported Research & Development for 16 years, with the latest figure at -$151.0 million in Q3 2025.

  • Quarterly Research & Development rose 21.35% year-over-year to -$151.0 million in Q3 2025, while the trailing twelve-month figure through Sep 2025 was -$687.8 million (up 10.4% YoY) and the FY2024 annual result came in at $790.0 million, up 9.27% from the prior year.
  • Research & Development grew to -$151.0 million in Q3 2025 per VALE's latest filing, from -$159.0 million in the prior quarter.
  • Over five years, Research & Development peaked at -$98.0 million in Q1 2021 and troughed at -$254.8 million in Q4 2024.
  • A 5-year average of -$166.1 million and a median of -$159.0 million in 2025 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2021 and 2025: Research & Development tumbled 254.44% in 2021, then gained 21.35% in 2025.
  • Over 5 years, Research & Development stood at -$177.0 million in 2021, then fell by 23.18% to -$218.0 million in 2022, then retreated by 5.8% to -$230.7 million in 2023, then decreased by 10.47% to -$254.8 million in 2024, then jumped by 40.75% to -$151.0 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods registered -$151.0 million, -$159.0 million, and -$123.0 million for Q3 2025, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bhp 245.85 Bn 216.40 Bn - -
2 Rio Tinto 201.39 Bn 191.89 Bn - -
3 Teck Resources 33.61 Bn 28.40 Bn 1.21 Bn -2.89 Mn
4 MP Materials 10.77 Bn 8.29 Bn 36.20 Mn -
5 Almonty Industries 5.36 Bn 4.47 Bn 18.87 Mn -
6 Materion 4.77 Bn 4.75 Bn 104.34 Mn 6.56 Mn
7 USA Rare Earth 4.46 Bn 4.46 Bn -1.58 Mn 10.77 Mn
8 Skeena Resources 4.30 Bn 3.88 Bn - 12.26 Mn
9 Evolution Metals & Technologies 2.59 Bn 2.59 Bn -115,000.00 -
10 Vale 62.07 Mn -17.59 Bn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 -151.00 Mn
Jun 30, 2025 -159.00 Mn
Mar 31, 2025 -123.00 Mn
Dec 31, 2024 -254.84 Mn
Sep 30, 2024 -192.00 Mn
Jun 30, 2024 -189.00 Mn
Mar 31, 2024 -156.00 Mn
Dec 31, 2023 -230.68 Mn
Sep 30, 2023 -188.00 Mn
Jun 30, 2023 -165.00 Mn
Mar 31, 2023 -139.00 Mn
Dec 31, 2022 -218.03 Mn
Sep 30, 2022 -170.00 Mn
Jun 30, 2022 -151.00 Mn
Mar 31, 2022 -121.00 Mn
Dec 31, 2021 -177.00 Mn
Sep 30, 2021 -135.00 Mn
Jun 30, 2021 -139.00 Mn
Mar 31, 2021 -98.00 Mn
Jun 30, 2020 90.00 Mn