Hecla Mining HL
NYSE HL
$19.96 -0.89 (-4.27%)
As of: Sep 10, 2026 · 3:52 PM EDT

Hecla Mining (HL) Operating Expenses (2009 - 2026)

Hecla Mining's (HL) quarterly Operating Expenses came in at $188.2 million in Q2 2026, up 16.85% on a YoY basis from $161.0 million in Q2 2025, and up 524.1% quarter-over-quarter from $30.1 million in Q1 2026.

Analysis

Hecla Mining (HL) Operating Expenses (2009 - 2026) Analysis & Trends

Hecla Mining (HL) has reported Operating Expenses for 18 consecutive years, with $188.2 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 16.85% year-over-year to $188.2 million; the trailing twelve-month figure through Jun 2026 stood at $278.3 million (up 11.63% YoY), and the FY2025 full-year result was $107.4 million, up 16.83% from the prior year.
  • Operating Expenses rose to $188.2 million in Q2 2026 per HL's latest filing, from $30.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $188.2 million in Q2 2026 and bottomed at $10.8 million in Q2 2024.
  • Historically, Operating Expenses has averaged $46.6 million across 5 years, with a median of $31.2 million in 2022.
  • The sharpest annual moves came in 2024 and 2025: Operating Expenses slumped 67.03% in 2024, then soared 1386.84% in 2025.
  • Over 5 years, Operating Expenses stood at $34.5 million in 2022, then soared by 42.93% to $49.3 million in 2023, then sank by 38.7% to $30.2 million in 2024, then fell by 6.72% to $28.2 million in 2025, then jumped by 567.94% to $188.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $188.2 million, $30.1 million, and $28.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Coeur Mining 20.97 Bn 19.91 Bn 535.85 Mn 869.08 Mn
2 Pan American Silver 19.34 Bn 17.77 Bn 457,000.00 -18,000.00
3 Hecla Mining 13.43 Bn 12.94 Bn 332.52 Mn 188.15 Mn
4 First Majestic Silver 9.65 Bn 8.41 Bn 223.62 Mn 16.17 Mn
5 Endeavour Silver 2.97 Bn 2.74 Bn 74.00 Mn 28.60 Mn
6 Silvercorp Metals 2.66 Bn 2.27 Bn 104.04 Mn 2.68 Mn
7 Americas Gold & Silver 1.36 Bn 1.27 Bn 22.23 Mn -9.06 Mn
8 Vizsla Silver 1.35 Bn 1.35 Bn - -2.26 Mn
9 New Pacific Metals 1.00 Bn 1.00 Bn - -1.58 Mn
10 Santacruz Silver Mining 866.15 Mn 799.13 Mn 51.14 Mn -13.37 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 188.15 Mn
Mar 31, 2026 30.15 Mn
Dec 31, 2025 28.17 Mn
Sep 30, 2025 31.82 Mn
Jun 30, 2025 161.03 Mn
Mar 31, 2025 21.28 Mn
Dec 31, 2024 30.20 Mn
Sep 30, 2024 36.81 Mn
Jun 30, 2024 10.83 Mn
Mar 31, 2024 14.10 Mn
Dec 31, 2023 49.26 Mn
Sep 30, 2023 46.12 Mn
Jun 30, 2023 32.85 Mn
Mar 31, 2023 29.40 Mn
Dec 31, 2022 34.47 Mn
Sep 30, 2022 33.91 Mn
Jun 30, 2022 29.55 Mn
Mar 31, 2022 30.67 Mn
Dec 31, 2021 31.42 Mn
Sep 30, 2021 43.80 Mn