Foremost Clean Energy (FMST) Operating Expenses (2022 - 2025)
Foremost Clean Energy's (FMST) quarterly Operating Expenses came in at -$2.8 million in Q4 2025, down 4962.57% year-on-year from $57559.3 in Q4 2024, and down 8237.17% quarter-over-quarter from $34396.0 in Q3 2025.
Foremost Clean Energy (FMST) Operating Expenses (2022 - 2025) Analysis & Trends
Foremost Clean Energy has disclosed Operating Expenses across 4 years of filings, most recently posting -$2.8 million for Q4 2025.
- Operating Expenses for Q4 2025 came in at -$2.8 million, down 4962.57% year-over-year; the trailing twelve-month figure through Dec 2025 was -$2.7 million (down 1598.76% YoY), and the FY2023 annual result was $289078.5, down 87.2% from the prior year.
- Operating Expenses came in at -$2.8 million for Q4 2025 at Foremost Clean Energy, down from $34396.0 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.3 million in Q1 2022 to a low of -$2.8 million in Q4 2025.
- The 4-year median for Operating Expenses is $374586.2 (2023), against an average of $317062.0.
- Peak annual rise in Operating Expenses reached 45.15% in 2025, while the deepest fall reached 4962.57% in 2025.
- Foremost Clean Energy's Operating Expenses stood at $1.3 million in 2022, then sank by 58.27% to $557761.5 in 2023, then plunged by 89.68% to $57559.3 in 2024, then tumbled by 4962.57% to -$2.8 million in 2025.
- The last three Operating Expenses figures came in at -$2.8 million (Q4 2025), $34396.0 (Q3 2025), and $84005.2 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 15.97 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 209.01 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 157.04 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 44.65 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | -11.78 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 57.09 Mn |
| 10 | Foremost Clean Energy | 64.08 Mn | 61.15 Mn | - | -2.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -2.80 Mn |
| Sep 30, 2025 | 34,395.99 |
| Jun 30, 2025 | 84,005.17 |
| Dec 31, 2024 | 57,559.28 |
| Sep 30, 2024 | 63,410.59 |
| Jun 30, 2024 | 57,874.89 |
| Dec 31, 2023 | 557,761.47 |
| Sep 30, 2023 | 766,313.77 |
| Jun 30, 2023 | 460,093.96 |
| Mar 31, 2023 | 289,078.52 |
| Dec 31, 2022 | 1.34 Mn |
| Sep 30, 2022 | 676,498.68 |
| Jun 30, 2022 | 595,756.14 |
| Mar 31, 2022 | 2.26 Mn |