Elemental Royalty (ELE) Operating Expenses (2024 - 2026)

Elemental Royalty (ELE) recorded quarterly Operating Expenses of -$5.6 million in Q1 2026, down 156.76% quarter-over-quarter from $9.8 million in Q4 2025, and down 249.12% on a YoY basis from $3.7 million in Q1 2025.

Elemental Royalty (ELE) Operating Expenses (2024 - 2026) Analysis & Trends

Elemental Royalty's Operating Expenses history runs 3 years deep, the most recent figure standing at -$5.6 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 249.12% year-over-year to -$5.6 million; the TTM figure through Mar 2026 stood at $4.8 million (changed N/A YoY), while the FY2025 annual figure was $16.5 million, up 122.65% from the prior year.
  • Operating Expenses was -$5.6 million for Q1 2026 at Elemental Royalty, down from $9.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.8 million in Q4 2025 to a low of -$5.6 million in Q1 2026.
  • Historically, Operating Expenses has averaged $1.2 million across 3 years, with a median of $274500.0 in 2024.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses soared 357.98% in 2025, then sank 249.12% in 2026.
  • A 3-year view of Operating Expenses shows it stood at $2.1 million in 2024, then jumped by 357.98% to $9.8 million in 2025, then sank by 156.76% to -$5.6 million in 2026.
  • The last three Operating Expenses figures came in at -$5.6 million (Q1 2026), $9.8 million (Q4 2025), and -$1.6 million (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -20.15 Mn
2 Buenaventura Mining 10.77 Bn 10.77 Bn - -
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 30.15 Mn
4 Perpetua Resources 2.83 Bn 2.83 Bn - 56.56 Mn
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn 3.56 Mn
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - 5.21 Mn
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - 2.92 Mn
9 Solaris Resources 1.41 Bn 1.39 Bn - 4.14 Mn
10 Elemental Royalty 11.80 Mn -41.34 Mn 15.71 Mn -5.59 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.59 Mn
Dec 31, 2025 9.84 Mn
Mar 31, 2025 -1.60 Mn
Dec 31, 2024 2.15 Mn