Ivanhoe Electric (IE) Gross Margin (2021 - 2026)
Ivanhoe Electric (IE) reported Gross Margin of 58.86% for Q1 2026, down 128.0% year-over-year from 210.21% in Q1 2025, and down 15.35% quarter-over-quarter from 69.53% in Q4 2025.
Ivanhoe Electric (IE) Gross Margin (2021 - 2026) Analysis & Trends
Ivanhoe Electric (IE) has 6 years of Gross Margin data on file, last reported at 58.86% in Q1 2026.
- Gross Margin for Q1 2026 came in at 58.86%, down 128.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 64.78% (up 174.0% YoY), and the FY2025 annual result was 65.29%, up 38.0% from the prior year.
- Gross Margin declined to 58.86% in Q1 2026 per IE's latest filing, from 69.53% in the prior quarter.
- Over five years, Gross Margin peaked at 99.23% in Q1 2022 and troughed at 680.97% in Q4 2022.
- A 5-year average of 9.14% and a median of 60.14% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 71804 bps in 2022, then jumped 70491 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 680.97% in 2022, then soared by 104 bps to 23.94% in 2023, then soared by 170 bps to 64.71% in 2024, then increased by 7 bps to 69.53% in 2025, then slipped by 15 bps to 58.86% in 2026.
- Business Quant data shows IE's Gross Margin at 58.86% in Q1 2026, 69.53% in Q4 2025, and 51.19% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 142.13 Bn | 136.85 Bn | 2.75 Bn | 64.75% |
| 2 | Freeport-Mcmoran | 91.19 Bn | 99.46 Bn | 6.22 Bn | 99.73% |
| 3 | Hudbay Minerals | 10.19 Bn | 9.65 Bn | 368.00 Mn | 48.59% |
| 4 | Ero Copper | 2.69 Bn | 2.58 Bn | 105.91 Mn | 40.25% |
| 5 | Ivanhoe Electric | 1.75 Bn | 1.46 Bn | 505,000.00 | 58.86% |
| 6 | Taseko Mines | 3.95 Mn | -119.02 Mn | 83.54 Mn | 48.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.86% |
| Dec 31, 2025 | 69.53% |
| Sep 30, 2025 | 51.19% |
| Jun 30, 2025 | 72.47% |
| Mar 31, 2025 | 60.14% |
| Dec 31, 2024 | 64.71% |
| Sep 30, 2024 | 61.85% |
| Jun 30, 2024 | 64.31% |
| Mar 31, 2024 | 72.22% |
| Dec 31, 2023 | 23.94% |
| Sep 30, 2023 | -15.06% |
| Jun 30, 2023 | 4.41% |
| Mar 31, 2023 | 72.90% |
| Dec 31, 2022 | -680.97% |
| Sep 30, 2022 | 25.91% |
| Jun 30, 2022 | 49.78% |
| Mar 31, 2022 | 99.23% |
| Dec 31, 2021 | 37.07% |
| Sep 30, 2021 | 49.19% |
| Jun 30, 2021 | 78.33% |