Greenland Mines (GRMLW) Operating Expenses (2022 - 2026)

Greenland Mines' (GRMLW) quarterly Operating Expenses came in at $9.5 million in Q1 2026, up 346.54% year-on-year from $2.1 million in Q1 2025, and up 424.63% quarter-over-quarter from $1.8 million in Q4 2025.

Greenland Mines (GRMLW) Operating Expenses (2022 - 2026) Analysis & Trends

Greenland Mines has disclosed Operating Expenses across 5 years of filings, most recently posting $9.5 million for Q1 2026.

  • Operating Expenses for Q1 2026 came in at $9.5 million, up 346.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.1 million (up 107.93% YoY), and the FY2025 annual result was $7.1 million, up 28.99% from the prior year.
  • Operating Expenses came in at $9.5 million for Q1 2026 at Greenland Mines, up from $1.8 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $9.5 million in Q1 2026 to a low of $5010.0 in Q1 2022.
  • The 5-year median for Operating Expenses is $395607.0 (2024), against an average of $1.4 million.
  • Peak annual rise in Operating Expenses reached 5761.36% in 2023, while the deepest fall reached 43.31% in 2023.
  • Greenland Mines' Operating Expenses stood at $195342.0 in 2022, then tumbled 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 soared by 424.63% to $9.5 million in 2026.
  • The last three Operating Expenses figures came in at $9.5 million (Q1 2026), $1.8 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -20.15 Mn
2 Buenaventura Mining 10.77 Bn 10.77 Bn - -
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 30.15 Mn
4 Perpetua Resources 2.83 Bn 2.83 Bn - 56.56 Mn
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn 3.56 Mn
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - 5.21 Mn
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - 2.92 Mn
9 Solaris Resources 1.41 Bn 1.39 Bn - 4.14 Mn
10 Greenland Mines - - - 9.51 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 9.51 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