American Resources (AREC) Operating Expenses (2013 - 2025)
American Resources (AREC) posted Operating Expenses of $6.78 million for Q4 2025, compared with -$10.14 million a year earlier and up 54.6% from the prior quarter.
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Analysis
American Resources (AREC) Operating Expenses (2013 - 2025) Analysis & Trends
For FY2025, American Resources' Operating Expenses came in at $11.31 million, down 20.7% from FY2024.
- Annual Operating Expenses has declined for three consecutive years, with a five-year compound annual growth rate of -8.4% (FY2020 to FY2025).
- In prior years, American Resources' Operating Expenses was $14.25 million in FY2024 (-70.4%), $48.2 million in FY2023 (-18.3%), $58.96 million in FY2022 (+63.4%) and $36.09 million in FY2021 (+106.1%).
- The Q4 2025 figure stands as the highest quarterly Operating Expenses since Q3 2024.
- On a year-over-year basis, Operating Expenses increased in 1 of the last five quarters, with an average decline of 11.7%.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 321.4%; the weakest was Q3 2023, with a decline of 66.5%.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.75 Bn | 33.53 Bn | 190.14 Mn | 9.50 Mn |
| 2 | NexGen Energy | 6.02 Bn | 3.55 Bn | - | 301,459.84 |
| 3 | Uranium Energy | 4.67 Bn | 3.09 Bn | 10.03 Mn | 45.84 Mn |
| 4 | Warrior Met Coal | 4.65 Bn | 3.35 Bn | 169.64 Mn | 415.17 Mn |
| 5 | Core Natural Resources | 4.28 Bn | 2.51 Bn | 252.03 Mn | 985.26 Mn |
| 6 | Alliance Resource Partners | 3.13 Bn | 2.82 Bn | 202.70 Mn | 455.98 Mn |
| 7 | Peabody Energy | 2.97 Bn | 826.26 Mn | - | 953.90 Mn |
| 8 | Energy Fuels | 2.76 Bn | -178.71 Mn | 14.42 Mn | 55.68 Mn |
| 9 | Centrus Energy | 2.68 Bn | -4.64 Bn | 49.90 Mn | 37.00 Mn |
| 10 | American Resources | 136.48 Mn | 134.89 Mn | -301,480.00 | 6.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 6.78 Mn |
| Sep 30, 2025 | 4.38 Mn |
| Mar 31, 2025 | 5.02 Mn |
| Dec 31, 2024 | -10.14 Mn |
| Sep 30, 2024 | 9.06 Mn |
| Jun 30, 2024 | 6.23 Mn |
| Mar 31, 2024 | 6.82 Mn |
| Dec 31, 2023 | 22.95 Mn |
| Sep 30, 2023 | 4.74 Mn |
| Jun 30, 2023 | 9.01 Mn |
| Mar 31, 2023 | 11.50 Mn |
| Dec 31, 2022 | 11.42 Mn |
| Sep 30, 2022 | 14.14 Mn |
| Jun 30, 2022 | 20.33 Mn |
| Mar 31, 2022 | 13.06 Mn |
| Dec 31, 2021 | 13.47 Mn |
| Sep 30, 2021 | 10.66 Mn |
| Jun 30, 2021 | -5.98 Mn |
| Mar 31, 2021 | -5.98 Mn |
| Dec 31, 2020 | 7.16 Mn |
API Access
American Resources Operating Expenses 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=operating-expenses&ticker=AREC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AREC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=AREC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();