Greenland Mines Ltd (GRML) Operating Expenses (2022 - 2026)
Greenland Mines' (GRML) quarterly Operating Expenses came in at $5.5 million in Q2 2026, up 190.14% year-over-year from $1.9 million in Q2 2025, and down 52.42% quarter-over-quarter from $11.5 million in Q1 2026.
Analysis
Greenland Mines Ltd (GRML) Operating Expenses (2022 - 2026) Analysis & Trends
Greenland Mines has disclosed Operating Expenses across 5 years of filings, most recently posting $5.5 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 190.14% year-over-year to $5.5 million; the TTM figure through Jun 2026 stood at $20.7 million (up 136.7% YoY), while the FY2025 annual figure was $7.1 million, up 28.99% from the prior year.
- Operating Expenses came in at $5.5 million for Q2 2026 at Greenland Mines, down from $11.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $11.5 million in Q1 2026 to a low of $5010.0 in Q1 2022.
- Average Operating Expenses over 5 years is $1.8 million, with a median of $533826.0 recorded in 2024.
- The largest YoY upside for Operating Expenses was 5761.36% in 2023 against a maximum downside of 43.31% in 2023.
- Over 5 years, Operating Expenses stood at $195342.0 in 2022, then sank by 43.31% to $110733.0 in 2023, then jumped by 1572.18% to $1.9 million in 2024, then retreated by 2.08% to $1.8 million in 2025, then surged by 202.9% to $5.5 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.5 million in Q2 2026, $11.5 million in Q1 2026, and $1.8 million in Q4 2025.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.49 Mn |
| Mar 31, 2026 | 11.54 Mn |
| Dec 31, 2025 | 1.81 Mn |
| Sep 30, 2025 | 1.85 Mn |
| Jun 30, 2025 | 1.89 Mn |
| Mar 31, 2025 | 2.13 Mn |
| Dec 31, 2024 | 1.85 Mn |
| Sep 30, 2024 | 2.87 Mn |
| Jun 30, 2024 | 395,607.00 |
| Mar 31, 2024 | 672,045.00 |
| Dec 31, 2023 | 110,733.00 |
| Sep 30, 2023 | 123,737.00 |
| Jun 30, 2023 | 244,252.00 |
| Mar 31, 2023 | 293,654.00 |
| Dec 31, 2022 | 195,342.00 |
| Sep 30, 2022 | 140,426.00 |
| Jun 30, 2022 | 193,440.00 |
| Mar 31, 2022 | 5,010.00 |