Atlas Lithium (ATLX) Operating Expenses (2012 - 2026)
Atlas Lithium (ATLX) posted Operating Expenses of $16.9 million for Q1 2026, up 118.04% sequentially from $7.7 million in Q4 2025, and up 72.78% YoY from $9.8 million in Q1 2025.
Atlas Lithium (ATLX) Operating Expenses (2012 - 2026) Analysis & Trends
Atlas Lithium has reported Operating Expenses for 15 years, with the latest figure at $16.9 million in Q1 2026.
- Quarterly Operating Expenses rose 72.78% year-over-year to $16.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $42.4 million (up 4.27% YoY) and the FY2025 annual result came in at $31.6 million, down 28.4% from the prior year.
- Operating Expenses rose to $16.9 million in Q1 2026 per ATLX's latest filing, from $7.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $16.9 million in Q1 2026 and troughed at $827317.0 in Q1 2022.
- A 5-year average of $8.4 million and a median of $9.6 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 862.69% in 2023, then plunged 34.66% in 2024.
- Over 5 years, Operating Expenses stood at $2.8 million in 2022, then surged by 495.73% to $16.7 million in 2023, then slumped by 34.66% to $10.9 million in 2024, then slipped by 28.95% to $7.7 million in 2025, then soared by 118.04% to $16.9 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $16.9 million, $7.7 million, and $8.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.08 Bn | 216.62 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.79 Bn | 28.59 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 10.76 Bn | 8.29 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.38 Bn | 4.49 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.81 Bn | 4.79 Bn | 104.34 Mn | 49.21 Mn |
| 7 | USA Rare Earth | 4.46 Bn | 4.46 Bn | -1.58 Mn | 44.73 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.41 Mn |
| 9 | Evolution Metals & Technologies | 2.52 Bn | 2.52 Bn | -115,000.00 | 12.07 Mn |
| 10 | Atlas Lithium | 96.31 Mn | 59.81 Mn | - | 11.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.86 Mn |
| Dec 31, 2025 | 7.73 Mn |
| Sep 30, 2025 | 7.99 Mn |
| Mar 31, 2025 | 9.76 Mn |
| Dec 31, 2024 | 10.89 Mn |
| Sep 30, 2024 | 10.33 Mn |
| Jun 30, 2024 | 9.64 Mn |
| Mar 31, 2024 | 13.27 Mn |
| Dec 31, 2023 | 16.66 Mn |
| Sep 30, 2023 | 11.44 Mn |
| Jun 30, 2023 | 9.52 Mn |
| Mar 31, 2023 | 4.48 Mn |
| Dec 31, 2022 | 2.80 Mn |
| Sep 30, 2022 | 1.25 Mn |
| Jun 30, 2022 | 989,294.00 |
| Mar 31, 2022 | 827,317.00 |
| Dec 31, 2021 | 720,343.00 |
| Sep 30, 2021 | 707,335.00 |
| Jun 30, 2021 | 740,540.00 |
| Mar 31, 2021 | 1.11 Mn |