Amarc Resources (AXREF) Operating Expenses (2009 - 2026)
Amarc Resources' Operating Expenses was $419.07 million in the quarter ended Jun 30, 2026, up 33.9% from $312.88 million a year earlier.
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Analysis
Amarc Resources (AXREF) Operating Expenses (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Amarc Resources' Operating Expenses was -$13.24 billion through Jun 30, 2026; for the year ended Mar 31, 2026, it came in at $5.45 million, down 99.5% from the prior year.
- Operating Expenses shows a five-year compound annual growth rate of 36.8% (years ended Mar 2021 to Mar 2026).
- In earlier years, Operating Expenses was $1.17 billion in the year ended Mar 31, 2025 (+33.8%), $871.1 million in the year ended Mar 31, 2024, $11.81 million in the year ended Mar 31, 2023 (+145.9%) and $4.8 million in the year ended Mar 31, 2022 (+322.2%).
- Quarterly Operating Expenses has moved between -$14.55 billion (the quarter ended Mar 31, 2026) and $4.02 billion (the quarter ended Dec 31, 2024) over five years.
- Compared with a year earlier, Operating Expenses was higher in three of the last five quarters, with an average decline of 5.6%.
- The best year-over-year quarter for Operating Expenses over five years was the quarter ended Dec 31, 2021 (growth of 469.9%); the worst was the quarter ended Jun 30, 2025 (a decline of 91.5%).
- Per Business Quant data, AXREF's Operating Expenses in the three quarters before the quarter ended Jun 30, 2026 was -$14.55 billion (quarter ended Mar 31, 2026), $890.83 million (quarter ended Dec 31, 2025) and $8.54 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | -780.00 Mn |
| 10 | Amarc Resources | 155.51 Mn | 155.51 Mn | - | 419.07 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 419.07 Mn |
| Mar 31, 2026 | -14.55 Bn |
| Dec 31, 2025 | 890.83 Mn |
| Sep 30, 2025 | 8.54 Mn |
| Jun 30, 2025 | 312.88 Mn |
| Mar 31, 2025 | -14.46 Bn |
| Dec 31, 2024 | 4.02 Bn |
| Sep 30, 2024 | 8.04 Mn |
| Jun 30, 2024 | 3.68 Bn |
| Mar 31, 2024 | -6.56 Bn |
| Dec 31, 2023 | 21.52 Mn |
| Sep 30, 2023 | 4.00 Mn |
| Jun 30, 2023 | 1.93 Bn |
| Mar 31, 2023 | 3.18 Mn |
| Dec 31, 2022 | 4.43 Mn |
| Sep 30, 2022 | 5.36 Mn |
| Jun 30, 2022 | 9.30 Mn |
| Mar 31, 2022 | -12.30 Mn |
| Dec 31, 2021 | 1.61 Mn |
| Sep 30, 2021 | 2.47 Mn |
API Access
Amarc 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=AXREF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AXREF", "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=AXREF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();