Ivanhoe Electric (IE) Gross Margin (2021 - 2026)
Ivanhoe Electric (IE) posted quarterly 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 reported Gross Margin for 6 consecutive years, with 58.86% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 128.0% year-over-year to 58.86%; the TTM figure through Mar 2026 stood at 64.78% (up 174.0% YoY), while the FY2025 annual figure was 65.29%, up 38.0% from the prior year.
- Gross Margin slipped to 58.86% in Q1 2026 per IE's latest filing, from 69.53% in the prior quarter.
- Across five years, Gross Margin topped out at 99.23% in Q1 2022 and bottomed at 680.97% in Q4 2022.
- Historically, Gross Margin has averaged 9.14% across 5 years, with a median of 60.14% in 2025.
- Annual changes were most pronounced in 2022 — Gross Margin sank 71804 bps — and 2023, when it jumped 70491 bps.
- Ivanhoe Electric's Gross Margin stood at 680.97% in 2022, then jumped by 104 bps to 23.94% in 2023, then jumped by 170 bps to 64.71% in 2024, then rose by 7 bps to 69.53% in 2025, then dropped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 161.21 Bn | 153.88 Bn | 2.90 Bn | 67.60% |
| 2 | Freeport-Mcmoran | 98.88 Bn | 94.80 Bn | 2.19 Bn | 31.10% |
| 3 | Hudbay Minerals | 11.04 Bn | 10.00 Bn | 269.00 Mn | 42.61% |
| 4 | Ero Copper | 3.75 Bn | 3.66 Bn | 105.91 Mn | 40.25% |
| 5 | Trekor Metals | 3.19 Bn | 3.07 Bn | 83.54 Mn | 48.32% |
| 6 | Ivanhoe Electric | 1.76 Bn | 1.50 Bn | 368,000.00 | 50.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 50.83% |
| 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% |