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| Date | Value |
|---|---|
| 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 |