Amarc Resources (AXREF) Operating Expenses (2009 - 2025)

Amarc Resources (AXREF) reported Operating Expenses of $481134.1 for Q4 2025, up 36.03% on a YoY basis from $353691.8 in Q4 2024, and up 38.68% quarter-over-quarter from $346949.3 in Q3 2025.

Amarc Resources (AXREF) Operating Expenses (2009 - 2025) Analysis & Trends

Amarc Resources has reported Operating Expenses for 17 years, with the latest figure at $481134.1 in Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 36.03% year-over-year to $481134.1; the trailing twelve-month figure through Dec 2025 stood at $1.7 million (up 56.67% YoY), and the FY2025 full-year result was $1.4 million, up 22.58% from the prior year.
  • Operating Expenses for Q4 2025 stood at $481134.1, up from $346949.3 in the prior quarter.
  • The five-year high for Operating Expenses was $4.4 million in Q1 2022, with the low at $115366.3 in Q2 2021.
  • Historically, Operating Expenses has averaged $525321.6 across 5 years, with a median of $270594.8 in 2023.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 238.9% — and 2023, when it sank 94.36%.
  • Amarc Resources' Operating Expenses stood at $131268.6 in 2021, then surged by 51.55% to $198931.2 in 2022, then surged by 49.76% to $297924.7 in 2023, then grew by 18.72% to $353691.8 in 2024, then jumped by 36.03% to $481134.1 in 2025.
  • The last three Operating Expenses figures came in at $481134.1 (Q4 2025), $346949.3 (Q3 2025), and $383290.7 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 15.97 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 209.01 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 157.04 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 44.65 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -11.78 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 57.09 Mn
10 Amarc Resources - - - 481,134.06

Historic Data

Download Data
DateValue
Dec 31, 2025 481,134.06
Sep 30, 2025 346,949.32
Jun 30, 2025 383,290.68
Mar 31, 2025 532,067.16
Dec 31, 2024 353,691.75
Sep 30, 2024 180,836.95
Jun 30, 2024 223,810.90
Mar 31, 2024 354,498.57
Dec 31, 2023 297,924.67
Sep 30, 2023 295,312.38
Jun 30, 2023 220,002.83
Mar 31, 2023 245,877.29
Dec 31, 2022 198,931.16
Sep 30, 2022 200,215.08
Jun 30, 2022 149,815.34
Mar 31, 2022 4.36 Mn
Dec 31, 2021 131,268.56
Sep 30, 2021 151,975.27
Jun 30, 2021 115,366.29
Mar 31, 2021 1.29 Mn