Amarc Resources (AXREF) Operating Expenses (2009 - 2026)
Amarc Resources' (AXREF) quarterly Operating Expenses came in at $5.4 million in Q1 2026, up 31516.96% YoY from N/an in Q1 2025, and up 29960.81% on a QoQ basis from $18074.2 in Q4 2025.
Amarc Resources (AXREF) Operating Expenses (2009 - 2026) Analysis & Trends
Amarc Resources (AXREF) has 18 years of Operating Expenses data on file, last reported at $5.4 million in Q1 2026.
- Quarterly Operating Expenses rose 31516.96% year-over-year to $5.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.5 million (up 7607.34% YoY) and the FY2026 annual result came in at $5.5 million, up 7606.33% from the prior year.
- Operating Expenses rose to $5.4 million in Q1 2026, from $18074.2 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $5.4 million in Q1 2026 to a low of $17184.6 in Q1 2025.
- A 5-year average of $339407.6 and a median of $18560.7 in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses decreased 29.6% — and 2026, when it surged 31516.96%.
- Tracing AXREF's Operating Expenses over 5 years: stood at $26207.5 in 2022, then retreated by 29.36% to $18514.0 in 2023, then declined by 2.54% to $18043.0 in 2024, then advanced by 0.17% to $18074.2 in 2025, then soared by 29960.81% to $5.4 million in 2026.
- The last three Operating Expenses figures came in at $5.4 million (Q1 2026), $18074.2 (Q4 2025), and $18314.8 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.38 Bn | 216.93 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.91 Bn | 28.71 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 10.71 Bn | 8.24 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.27 Bn | 4.38 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.79 Bn | 4.77 Bn | 104.34 Mn | 49.21 Mn |
| 7 | USA Rare Earth | 4.43 Bn | 4.43 Bn | -1.58 Mn | 44.73 Mn |
| 8 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.41 Mn |
| 9 | Evolution Metals & Technologies | 2.46 Bn | 2.46 Bn | -115,000.00 | 12.07 Mn |
| 10 | Amarc Resources | 179.95 Mn | 179.95 Mn | - | 502,995.15 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.43 Mn |
| Dec 31, 2025 | 18,074.16 |
| Sep 30, 2025 | 18,314.84 |
| Jun 30, 2025 | 17,993.74 |
| Mar 31, 2025 | 17,184.57 |
| Dec 31, 2024 | 18,042.98 |
| Sep 30, 2024 | 17,743.56 |
| Jun 30, 2024 | 18,228.80 |
| Mar 31, 2024 | 19,244.48 |
| Dec 31, 2023 | 18,513.97 |
| Sep 30, 2023 | 25,205.00 |
| Jun 30, 2023 | 18,560.69 |
| Mar 31, 2023 | 26,102.41 |
| Dec 31, 2022 | 26,207.47 |
| Sep 30, 2022 | 35,288.00 |
| Jun 30, 2022 | 22,519.99 |
| Mar 31, 2022 | 19,466.88 |
| Dec 31, 2021 | 19,996.04 |
| Sep 30, 2021 | 20,023.09 |
| Jun 30, 2021 | 24,932.00 |