Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2026)
Evolution Metals & Technologies' (EMAT) quarterly Operating Expenses came in at $12.1 million in Q2 2026, up 312.01% on a YoY basis from $2.9 million in Q2 2025, and up 3176.85% quarter-over-quarter from $368403.0 in Q4 2025.
Analysis
Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2026) Analysis & Trends
Evolution Metals & Technologies (EMAT) has reported Operating Expenses for 5 consecutive years, with $12.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 312.01% year-over-year to $12.1 million; the trailing twelve-month figure through Jun 2026 stood at $15.9 million (up 254.86% YoY), and the FY2025 full-year result was $2.1 million, up 33.62% from the prior year.
- Operating Expenses rose to $12.1 million in Q2 2026 per EMAT's latest filing, from $368403.0 in the prior quarter.
- Across five years, Operating Expenses topped out at $12.1 million in Q2 2026 and bottomed at $157270.0 in Q4 2023.
- Historically, Operating Expenses has averaged $1.4 million across 5 years, with a median of $574383.0 in 2023.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses plunged 88.16% in 2023, then soared 794.21% in 2025.
- Over 5 years, Operating Expenses stood at $1.3 million in 2022, then slumped by 88.16% to $157270.0 in 2023, then surged by 345.16% to $700110.0 in 2024, then slumped by 47.38% to $368403.0 in 2025, then jumped by 3176.85% to $12.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $12.1 million, $368403.0, and $502169.0 for Q2 2026, Q4 2025, and Q3 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 4.31 Bn | 4.31 Bn | -1.58 Mn | 44.73 Mn |
| 2 | Evolution Metals & Technologies | 1.88 Bn | 1.88 Bn | -115,000.00 | 12.07 Mn |
| 3 | Niocorp Developments | 143.72 Mn | -163.29 Mn | - | 9.50 Mn |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - | 1.35 Mn |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - | -151,275.66 |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | 131,125.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.07 Mn |
| Dec 31, 2025 | 368,403.00 |
| Sep 30, 2025 | 502,169.00 |
| Jun 30, 2025 | 2.93 Mn |
| Mar 31, 2025 | 597,723.00 |
| Dec 31, 2024 | 700,110.00 |
| Sep 30, 2024 | 245,108.00 |
| Jun 30, 2024 | 327,662.00 |
| Mar 31, 2024 | 301,992.00 |
| Dec 31, 2023 | 157,270.00 |
| Sep 30, 2023 | 574,383.00 |
| Jun 30, 2023 | 380,636.00 |
| Mar 31, 2023 | 908,322.00 |
| Dec 31, 2022 | 1.33 Mn |
| Sep 30, 2022 | 1.11 Mn |
| Jun 30, 2022 | 313,000.00 |
| Mar 31, 2022 | 577,059.00 |