Agnico Eagle Mines (AEM) Operating Expenses (2009 - 2026)
Agnico Eagle Mines (AEM) posted Operating Expenses of $119.5 million for Q2 2026, down 50.62% sequentially from $242.0 million in Q1 2026, and up 8.63% YoY from $110.0 million in Q2 2025.
Agnico Eagle Mines (AEM) Operating Expenses (2009 - 2026) Analysis & Trends
Agnico Eagle Mines has reported Operating Expenses for 18 years, with the latest figure at $119.5 million in Q2 2026.
- Quarterly Operating Expenses rose 8.63% year-over-year to $119.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $803.3 million (down 1.85% YoY) and the FY2025 annual result came in at $442.6 million, up 3.65% from the prior year.
- Operating Expenses fell to $119.5 million in Q2 2026 per AEM's latest filing, from $242.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $368.1 million in Q4 2024 and troughed at $99.3 million in Q1 2024.
- A 5-year average of $192.9 million and a median of $171.7 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 302.19% in 2022, then tumbled 70.66% in 2023.
- Over 5 years, Operating Expenses stood at $168.8 million in 2022, then slipped by 28.93% to $120.0 million in 2023, then jumped by 206.78% to $368.1 million in 2024, then slumped by 56.71% to $159.4 million in 2025, then slipped by 25.03% to $119.5 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $119.5 million, $242.0 million, and $159.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | -18,000.00 |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 869.08 Mn |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 173.18 Mn |
| 10 | Alamos Gold | 15.41 Bn | 14.78 Bn | - | 18.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 119.48 Mn |
| Mar 31, 2026 | 241.96 Mn |
| Dec 31, 2025 | 159.37 Mn |
| Sep 30, 2025 | 282.45 Mn |
| Jun 30, 2025 | 109.99 Mn |
| Mar 31, 2025 | 149.85 Mn |
| Dec 31, 2024 | 368.13 Mn |
| Sep 30, 2024 | 190.42 Mn |
| Jun 30, 2024 | 104.07 Mn |
| Mar 31, 2024 | 99.32 Mn |
| Dec 31, 2023 | 120.00 Mn |
| Sep 30, 2023 | 100.52 Mn |
| Jun 30, 2023 | 174.65 Mn |
| Mar 31, 2023 | 198.68 Mn |
| Dec 31, 2022 | 168.84 Mn |
| Sep 30, 2022 | 342.61 Mn |
| Jun 30, 2022 | 245.96 Mn |
| Mar 31, 2022 | 296.18 Mn |
| Dec 31, 2021 | 138.05 Mn |
| Sep 30, 2021 | 160.46 Mn |