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
DateValue
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%