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
Download Data
Historic 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 | 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 |