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| Date | Value |
|---|---|
| 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 |