Collective Mining (CNL) Operating Expenses (2023 - 2026)
Collective Mining (CNL) posted quarterly Operating Expenses of -$13.1 million for Q1 2026, down 93.37% year-over-year from -$197.1 million in Q1 2025, and down 118.75% quarter-over-quarter from $69.7 million in Q4 2025.
Collective Mining (CNL) Operating Expenses (2023 - 2026) Analysis & Trends
Collective Mining's Operating Expenses history runs 4 years deep, the most recent figure standing at -$13.1 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 93.37% year-over-year to -$13.1 million; the TTM figure through Mar 2026 stood at $35.7 million (up 61.4% YoY), while the FY2025 annual figure was $42.0 million, up 76.25% from the prior year.
- Operating Expenses for Q1 2026 stood at -$13.1 million, down from $69.7 million in the prior quarter.
- The five-year high for Operating Expenses was $69.7 million in Q4 2025, with the low at -$13.1 million in Q1 2026.
- The 4-year median for Operating Expenses is -$5.7 million (2023), against an average of $6.3 million.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses jumped 69.02% in 2025, then sank 93.37% in 2026.
- Collective Mining's Operating Expenses stood at $32.3 million in 2023, then increased by 27.53% to $41.2 million in 2024, then surged by 69.02% to $69.7 million in 2025, then slumped by 118.75% to -$13.1 million in 2026.
- Business Quant data shows CNL's Operating Expenses at -$13.1 million in Q1 2026, $69.7 million in Q4 2025, and -$11.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | -18,000.00 |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 869.08 Mn |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 173.18 Mn |
| 10 | Collective Mining | 1.41 Bn | 1.28 Bn | - | -18.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -13.07 Mn |
| Dec 31, 2025 | 69.68 Mn |
| Sep 30, 2025 | -11.24 Mn |
| Jun 30, 2025 | -9.67 Mn |
| Mar 31, 2025 | -6.76 Mn |
| Dec 31, 2024 | 41.23 Mn |
| Sep 30, 2024 | -5.95 Mn |
| Jun 30, 2024 | -6.40 Mn |
| Mar 31, 2024 | -5.04 Mn |
| Dec 31, 2023 | 32.33 Mn |
| Sep 30, 2023 | -5.37 Mn |
| Jun 30, 2023 | -4.45 Mn |