Hudbay Minerals (HBM) Operating Expenses (2009 - 2026)

Hudbay Minerals (HBM) reported Operating Expenses of $289.4 million for Q1 2026, up 13.27% year-over-year from $255.5 million in Q1 2025, and down 6.74% quarter-over-quarter from $310.3 million in Q4 2025.

Hudbay Minerals (HBM) Operating Expenses (2009 - 2026) Analysis & Trends

Hudbay Minerals (HBM) has 18 years of Operating Expenses data on file, last reported at $289.4 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $289.4 million, up 13.27% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 2.85% YoY), and the FY2025 annual result was $1.0 billion, down 1.22% from the prior year.
  • Operating Expenses retreated to $289.4 million in Q1 2026 per HBM's latest filing, from $310.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $310.3 million in Q4 2025 and troughed at $161.3 million in Q1 2023.
  • A 5-year average of $241.8 million and a median of $250.3 million in 2024 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 64.78% in 2023 and fell as far as 24.02% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $172.1 million in 2022, then jumped by 64.78% to $283.6 million in 2023, then slipped by 1.87% to $278.3 million in 2024, then grew by 11.5% to $310.3 million in 2025, then retreated by 6.74% to $289.4 million in 2026.
  • Business Quant data shows HBM's Operating Expenses at $289.4 million in Q1 2026, $310.3 million in Q4 2025, and $198.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 1.77 Bn
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 4.10 Bn
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 289.40 Mn
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -11.06 Mn
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 10.27 Mn
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn -3.35 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 222.76 Mn