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.
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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 158.63 Bn | 151.30 Bn | 2.90 Bn | 1.67 Bn |
| 2 | Freeport-Mcmoran | 98.39 Bn | 94.31 Bn | 2.19 Bn | 5.03 Bn |
| 3 | Hudbay Minerals | 10.92 Bn | 9.87 Bn | 269.00 Mn | 273.50 Mn |
| 4 | Ero Copper | 3.71 Bn | 3.62 Bn | 105.91 Mn | -11.06 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | -3.35 Mn |
| 6 | Ivanhoe Electric | 1.74 Bn | 1.48 Bn | 368,000.00 | 22.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 273.50 Mn |
| Mar 31, 2026 | 289.40 Mn |
| Dec 31, 2025 | 310.30 Mn |
| Sep 30, 2025 | 198.80 Mn |
| Jun 30, 2025 | 263.50 Mn |
| Mar 31, 2025 | 255.50 Mn |
| Dec 31, 2024 | 278.30 Mn |
| Sep 30, 2024 | 248.50 Mn |
| Jun 30, 2024 | 250.30 Mn |
| Mar 31, 2024 | 263.70 Mn |
| Dec 31, 2023 | 283.61 Mn |
| Sep 30, 2023 | 260.30 Mn |
| Jun 30, 2023 | 200.60 Mn |
| Mar 31, 2023 | 161.28 Mn |
| Dec 31, 2022 | 172.11 Mn |
| Sep 30, 2022 | 223.93 Mn |
| Jun 30, 2022 | 238.64 Mn |
| Mar 31, 2022 | 212.26 Mn |
| Dec 31, 2021 | 207.33 Mn |
| Sep 30, 2021 | 211.06 Mn |