Ivanhoe Electric (IE) Operating Expenses (2021 - 2026)
Ivanhoe Electric (IE) posted quarterly Operating Expenses of $10.3 million for Q1 2026, down 11.79% year-over-year from $11.6 million in Q1 2025, and up 16.5% quarter-over-quarter from $8.8 million in Q4 2025.
Ivanhoe Electric (IE) Operating Expenses (2021 - 2026) Analysis & Trends
Ivanhoe Electric (IE) has reported Operating Expenses for 6 consecutive years, with $10.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 11.79% year-over-year to $10.3 million; the TTM figure through Mar 2026 stood at $37.9 million (up 211.01% YoY), while the FY2025 annual figure was $39.3 million, down 17.49% from the prior year.
- Operating Expenses improved to $10.3 million in Q1 2026 per IE's latest filing, from $8.8 million in the prior quarter.
- Across five years, Operating Expenses topped out at $111.8 million in Q4 2022 and bottomed at -$97.9 million in Q4 2024.
- Historically, Operating Expenses has averaged $16.5 million across 5 years, with a median of $11.6 million in 2025.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 873.96% — and 2024, when it slumped 821.94%.
- Ivanhoe Electric's Operating Expenses stood at $111.8 million in 2022, then plunged by 87.87% to $13.6 million in 2023, then plunged by 821.94% to -$97.9 million in 2024, then soared by 109.0% to $8.8 million in 2025, then gained by 16.5% to $10.3 million in 2026.
- Business Quant data shows IE's Operating Expenses at $10.3 million in Q1 2026, $8.8 million in Q4 2025, and $9.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 160.11 Bn | 152.78 Bn | 2.90 Bn | 1.67 Bn |
| 2 | Freeport-Mcmoran | 98.76 Bn | 94.68 Bn | 2.19 Bn | 5.03 Bn |
| 3 | Hudbay Minerals | 10.99 Bn | 9.94 Bn | 269.00 Mn | 273.50 Mn |
| 4 | Ero Copper | 3.75 Bn | 3.66 Bn | 105.91 Mn | -11.06 Mn |
| 5 | Trekor Metals | 3.18 Bn | 3.06 Bn | 83.54 Mn | -3.35 Mn |
| 6 | Ivanhoe Electric | 1.75 Bn | 1.49 Bn | 368,000.00 | 22.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.20 Mn |
| Mar 31, 2026 | 10.27 Mn |
| Dec 31, 2025 | 8.81 Mn |
| Sep 30, 2025 | 9.13 Mn |
| Jun 30, 2025 | 9.72 Mn |
| Mar 31, 2025 | 11.64 Mn |
| Dec 31, 2024 | -97.92 Mn |
| Sep 30, 2024 | 41.32 Mn |
| Jun 30, 2024 | 10.80 Mn |
| Mar 31, 2024 | 56.24 Mn |
| Dec 31, 2023 | 13.56 Mn |
| Sep 30, 2023 | 12.69 Mn |
| Jun 30, 2023 | 12.75 Mn |
| Mar 31, 2023 | 10.68 Mn |
| Dec 31, 2022 | 111.79 Mn |
| Sep 30, 2022 | 7.99 Mn |
| Jun 30, 2022 | 28.52 Mn |
| Mar 31, 2022 | 22.55 Mn |
| Dec 31, 2021 | -14.44 Mn |
| Sep 30, 2021 | 7.92 Mn |