Warrior Met Coal (HCC) Operating Expenses (2016 - 2026)
Warrior Met Coal's Operating Expenses came in at $415.17 million for Q2 2026, up 43.3% from $289.8 million a year earlier and up 9.5% from the prior quarter.
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Analysis
Warrior Met Coal (HCC) Operating Expenses (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Warrior Met Coal reported Operating Expenses of $1.45 billion, up 21.2% year-over-year; for FY2025, it was $1.26 billion, down 0.5% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $1.27 billion in FY2024 (+11.9%), $1.14 billion in FY2023 (+21.1%), $937.31 million in FY2022 (+14.9%) and $815.46 million in FY2021 (+0.7%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses in data going back to Q1 2017.
- Year-over-year, Operating Expenses has increased for four consecutive quarters, with growth averaging 10.8% over the last eight quarters.
- The fastest year-over-year change in Operating Expenses over five years came in Q3 2022 (growth of 75.7%), and the weakest in Q3 2021 (a decline of 22.3%).
- Business Quant data shows HCC's Operating Expenses at $379.22 million (Q1 2026), $349.34 million (Q4 2025) and $307.87 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 37.84 Bn | 33.63 Bn | 190.14 Mn | 9.50 Mn |
| 2 | NexGen Energy | 5.97 Bn | 3.49 Bn | - | 301,459.84 |
| 3 | Warrior Met Coal | 4.65 Bn | 3.35 Bn | 169.64 Mn | 415.17 Mn |
| 4 | Uranium Energy | 4.61 Bn | 3.03 Bn | 10.03 Mn | 45.84 Mn |
| 5 | Core Natural Resources | 4.31 Bn | 2.55 Bn | 252.03 Mn | 985.26 Mn |
| 6 | Alliance Resource Partners | 3.14 Bn | 2.83 Bn | 202.70 Mn | 455.98 Mn |
| 7 | Peabody Energy | 2.97 Bn | 823.82 Mn | - | 953.90 Mn |
| 8 | Energy Fuels | 2.74 Bn | -196.21 Mn | 14.42 Mn | 55.68 Mn |
| 9 | Centrus Energy | 2.66 Bn | -4.67 Bn | 49.90 Mn | 37.00 Mn |
| 10 | Alpha Metallurgical Resources | 2.11 Bn | 526.83 Mn | 49.19 Mn | 503.36 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 415.17 Mn |
| Mar 31, 2026 | 379.22 Mn |
| Dec 31, 2025 | 349.34 Mn |
| Sep 30, 2025 | 307.87 Mn |
| Jun 30, 2025 | 289.80 Mn |
| Mar 31, 2025 | 317.33 Mn |
| Dec 31, 2024 | 301.67 Mn |
| Sep 30, 2024 | 288.60 Mn |
| Jun 30, 2024 | 325.62 Mn |
| Mar 31, 2024 | 354.43 Mn |
| Dec 31, 2023 | 230.25 Mn |
| Sep 30, 2023 | 315.74 Mn |
| Jun 30, 2023 | 289.22 Mn |
| Mar 31, 2023 | 300.01 Mn |
| Dec 31, 2022 | 227.14 Mn |
| Sep 30, 2022 | 265.74 Mn |
| Jun 30, 2022 | 252.63 Mn |
| Mar 31, 2022 | 191.80 Mn |
| Dec 31, 2021 | 231.29 Mn |
| Sep 30, 2021 | 151.22 Mn |
API Access
Warrior Met Coal Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();