Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2026)
Evolution Metals & Technologies (EMAT) reported Operating Expenses of $12.07 million for Q2 2026, up 316.3% from $2.9 million a year earlier.
Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Evolution Metals & Technologies' Operating Expenses came in at $15.78 million, up 262.6% year-over-year; for FY2025, it came in at $1.95 million, up 36.4% from FY2024.
- Operating Expenses has a four-year compound annual growth rate of 130.8% (FY2021 to FY2025).
- By year, Operating Expenses came in at $1.43 million in FY2024 (-29.4%), $2.02 million in FY2023 (-39.3%), $3.33 million in FY2022 and $68,615 in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q1 2022.
- Year over year, Operating Expenses gained in five of the last seven quarters, with growth averaging 191.7%.
- The high point for year-over-year Operating Expenses in five years was Q2 2025 (growth of 785.1%); the low point was Q4 2023 (a decline of 77.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | -780.00 Mn |
| 10 | Evolution Metals & Technologies | 1.81 Bn | 1.81 Bn | -115,000.00 | 12.07 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.07 Mn |
| Dec 31, 2025 | 338,403.00 |
| Sep 30, 2025 | 472,169.00 |
| Jun 30, 2025 | 2.90 Mn |
| Mar 31, 2025 | 567,723.00 |
| Dec 31, 2024 | 670,110.00 |
| Sep 30, 2024 | 215,108.00 |
| Jun 30, 2024 | 327,662.00 |
| Mar 31, 2024 | 271,992.00 |
| Dec 31, 2023 | 301,270.00 |
| Sep 30, 2023 | 544,383.00 |
| 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 |
Evolution Metals & Technologies Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=EMAT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "EMAT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=EMAT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();