American Resources (AREC) Operating Expenses (2013 - 2025)
American Resources (AREC) posted quarterly Operating Expenses of $6.8 million for Q4 2025, up 166.84% year-over-year from $2.5 million in Q4 2024, and up 54.59% quarter-over-quarter from $4.4 million in Q3 2025.
American Resources (AREC) Operating Expenses (2013 - 2025) Analysis & Trends
American Resources' Operating Expenses history runs 13 years deep, the most recent figure standing at $6.8 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 166.84% year-over-year to $6.8 million; the TTM figure through Dec 2025 stood at $6.0 million (down 49.62% YoY), while the FY2025 annual figure was $11.3 million, down 20.66% from the prior year.
- Operating Expenses for Q4 2025 stood at $6.8 million, up from $4.4 million in the prior quarter.
- The five-year high for Operating Expenses was $22.9 million in Q4 2023, with the low at -$10.1 million in Q4 2024.
- The 5-year median for Operating Expenses is $9.0 million (2023), against an average of $7.8 million.
- The sharpest annual moves came in 2021 and 2022: Operating Expenses slumped 296.83% in 2021, then jumped 440.04% in 2022.
- American Resources' Operating Expenses stood at $13.5 million in 2021, then fell by 15.18% to $11.4 million in 2022, then surged by 100.85% to $22.9 million in 2023, then slumped by 144.18% to -$10.1 million in 2024, then soared by 166.84% to $6.8 million in 2025.
- Business Quant data shows AREC's Operating Expenses at $6.8 million in Q4 2025, $4.4 million in Q3 2025, and $5.0 million in Q1 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Warrior Met Coal | 5.46 Bn | 5.14 Bn | 169.64 Mn | 415.17 Mn |
| 2 | Alpha Metallurgical Resources | 2.45 Bn | 2.11 Bn | 49.19 Mn | 503.36 Mn |
| 3 | SunCoke Energy | 803.01 Mn | 760.31 Mn | 100.40 Mn | 446.30 Mn |
| 4 | Ramaco Resources | 595.69 Mn | 312.33 Mn | 16.62 Mn | 163.05 Mn |
| 5 | American Resources | 198.53 Mn | 198.53 Mn | -301,480.00 | 6.78 Mn |
| 6 | Coronado Global Resources | 30.18 Mn | -67.52 Mn | 156.53 Mn | 558.65 Mn |
Historic Data
Download 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 |