Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2026)
Evolution Metals & Technologies' (EMAT) quarterly Operating Expenses came in at $368403.0 in Q4 2025, down 47.38% YoY from $700110.0 in Q4 2024, and down 26.64% on a QoQ basis from $502169.0 in Q3 2025.
Evolution Metals & Technologies (EMAT) Operating Expenses (2022 - 2026) Analysis & Trends
Evolution Metals & Technologies (EMAT) has 4 years of Operating Expenses data on file, last reported at $368403.0 in Q4 2025.
- Quarterly Operating Expenses fell 47.38% year-over-year to $368403.0 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $2.1 million (up 31.34% YoY) and the FY2025 annual result came in at $2.1 million, up 33.62% from the prior year.
- Operating Expenses slipped to $368403.0 in Q4 2025, from $502169.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $1.3 million in Q4 2022 to a low of $217270.0 in Q4 2023.
- A 4-year average of $565947.1 and a median of $538276.0 in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2023 — Operating Expenses slumped 83.65% — and 2024, when it jumped 222.23%.
- Tracing EMAT's Operating Expenses over 4 years: stood at $1.3 million in 2022, then tumbled by 83.65% to $217270.0 in 2023, then jumped by 222.23% to $700110.0 in 2024, then plunged by 47.38% to $368403.0 in 2025.
- The last three Operating Expenses figures came in at $368403.0 (Q4 2025), $502169.0 (Q3 2025), and $600186.0 (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 49.21 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.41 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 44.73 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 12.07 Mn |
| 10 | Nexa Resources | 1.86 Bn | 1.47 Bn | 257.20 Mn | -60.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.07 Mn |
| Dec 31, 2025 | 368,403.00 |
| Sep 30, 2025 | 502,169.00 |
| Jun 30, 2025 | 600,186.00 |
| 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 | 217,270.00 |
| 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 |