Evolution Metals & Technologies EMAT
NASDAQ EMAT
$3.20 +0.02 (+0.47%)
At close: Sep 9, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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