Hudbay Minerals (HBM) Operating Expenses (2009 - 2026)
Hudbay Minerals (HBM) posted quarterly Operating Expenses of $273.5 million for Q2 2026, up 3.8% year-over-year from $263.5 million in Q2 2025, and down 5.49% quarter-over-quarter from $289.4 million in Q1 2026.
Analysis
Hudbay Minerals (HBM) Operating Expenses (2009 - 2026) Analysis & Trends
Hudbay Minerals (HBM) has reported Operating Expenses for 18 consecutive years, with $273.5 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses rose 3.8% year-over-year to $273.5 million; the TTM figure through Jun 2026 stood at $1.1 billion (up 2.51% YoY), while the FY2025 annual figure was $1.0 billion, down 1.22% from the prior year.
- Operating Expenses eased to $273.5 million in Q2 2026 per HBM's latest filing, from $289.4 million in the prior quarter.
- Across five years, Operating Expenses topped out at $310.3 million in Q4 2025 and bottomed at $161.3 million in Q1 2023.
- Historically, Operating Expenses has averaged $243.6 million across 5 years, with a median of $252.9 million in 2024.
- On a YoY basis, Operating Expenses climbed as much as 64.78% in 2023 and fell as far as 24.02% in 2023.
- Hudbay Minerals' Operating Expenses stood at $172.1 million in 2022, then surged by 64.78% to $283.6 million in 2023, then dropped by 1.87% to $278.3 million in 2024, then increased by 11.5% to $310.3 million in 2025, then decreased by 11.86% to $273.5 million in 2026.
- Business Quant data shows HBM's Operating Expenses at $273.5 million in Q2 2026, $289.4 million in Q1 2026, and $310.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 168.86 Bn | 161.53 Bn | 2.90 Bn | 1.67 Bn |
| 2 | Freeport-Mcmoran | 105.58 Bn | 101.50 Bn | 2.19 Bn | 5.03 Bn |
| 3 | Trekor Metals | 54.12 Bn | 53.99 Bn | 111.31 Mn | -2.94 Mn |
| 4 | Hudbay Minerals | 10.98 Bn | 9.93 Bn | 269.00 Mn | 39.10 Mn |
| 5 | Ero Copper | 3.60 Bn | 3.49 Bn | 121.42 Mn | -12.54 Mn |
| 6 | Ivanhoe Electric | 1.59 Bn | 1.59 Bn | 368,000.00 | 22.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.10 Mn |
| Mar 31, 2026 | 50.60 Mn |
| Sep 30, 2025 | 41.90 Mn |
| Jun 30, 2025 | 30.10 Mn |
| Mar 31, 2025 | 27.60 Mn |
| Sep 30, 2024 | 24.30 Mn |
| Jun 30, 2024 | 24.40 Mn |
| Mar 31, 2024 | 29.20 Mn |
| Dec 31, 2023 | 22.32 Mn |
| Sep 30, 2023 | 14.87 Mn |
| Jun 30, 2023 | 13.92 Mn |
| Mar 31, 2023 | 17.39 Mn |
| Dec 31, 2022 | 15.20 Mn |
| Sep 30, 2022 | 12.22 Mn |
| Jun 30, 2022 | 10.61 Mn |
| Mar 31, 2022 | 30.47 Mn |
| Dec 31, 2021 | 26.65 Mn |
| Sep 30, 2021 | 16.23 Mn |
| Jun 30, 2021 | 22.56 Mn |
| Mar 31, 2021 | 16.79 Mn |