Hecla Mining (HL) Operating Expenses (2009 - 2026)
Hecla Mining's (HL) quarterly Operating Expenses came in at $30.1 million in Q1 2026, up 41.7% YoY from $21.3 million in Q1 2025, and up 7.03% on a QoQ basis from $28.2 million in Q4 2025.
Hecla Mining (HL) Operating Expenses (2009 - 2026) Analysis & Trends
Hecla Mining (HL) has 18 years of Operating Expenses data on file, last reported at $30.1 million in Q1 2026.
- Quarterly Operating Expenses rose 41.7% year-over-year to $30.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $115.9 million (up 16.94% YoY) and the FY2025 annual result came in at $107.4 million, up 16.83% from the prior year.
- Operating Expenses improved to $30.1 million in Q1 2026, from $28.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $49.3 million in Q4 2023 to a low of $10.8 million in Q2 2024.
- A 5-year average of $30.3 million and a median of $30.2 million in 2024 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses sank 67.03% — and 2025, when it soared 137.93%.
- Tracing HL's Operating Expenses over 5 years: stood at $34.5 million in 2022, then jumped by 42.93% to $49.3 million in 2023, then tumbled by 38.7% to $30.2 million in 2024, then dropped by 6.72% to $28.2 million in 2025, then climbed by 7.03% to $30.1 million in 2026.
- The last three Operating Expenses figures came in at $30.1 million (Q1 2026), $28.2 million (Q4 2025), and $31.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 14.03 Bn | 13.55 Bn | 332.52 Mn | 188.15 Mn |
| 2 | Buenaventura Mining | 8.92 Bn | 7.90 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.92 Bn | 6.90 Bn | 88.25 Mn | 3.89 Mn |
| 4 | Perpetua Resources | 3.23 Bn | 3.23 Bn | - | 106.58 Mn |
| 5 | Solaris Resources | 1.45 Bn | 1.39 Bn | - | 3.91 Mn |
| 6 | Elemental Royalty | 1.42 Bn | 1.35 Bn | 15.71 Mn | -5.59 Mn |
| 7 | McEwen | 1.25 Bn | 1.16 Bn | 20.08 Mn | 12.38 Mn |
| 8 | Versamet Royalties | 1.15 Bn | 1.15 Bn | 13.99 Mn | -7.24 Mn |
| 9 | Metalla Royalty & Streaming | 1.05 Bn | 1.04 Bn | 4.75 Mn | -1.43 Mn |
| 10 | Integra Resources | 551.61 Mn | 444.98 Mn | 24.85 Mn | 44.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 25.77 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 |