Ivanhoe Electric (IE) Operating Expenses (2021 - 2026)

Ivanhoe Electric (IE) reported Operating Expenses of $10.3 million for Q1 2026, down 11.79% year-over-year from $11.6 million in Q1 2025, and up 15.05% quarter-over-quarter from $8.9 million in Q4 2025.

Ivanhoe Electric (IE) Operating Expenses (2021 - 2026) Analysis & Trends

Ivanhoe Electric (IE) has 6 years of Operating Expenses data on file, last reported at $10.3 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $10.3 million, down 11.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $66.8 million (down 29.43% YoY), and the FY2025 annual result was $39.5 million, down 77.51% from the prior year.
  • Operating Expenses grew to $10.3 million in Q1 2026 per IE's latest filing, from $8.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $46.9 million in Q4 2023 and troughed at $5.9 million in Q2 2022.
  • A 5-year average of $20.2 million and a median of $13.4 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2025: Operating Expenses soared 471.16% in 2023, then sank 70.43% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $11.5 million in 2022, then surged by 305.97% to $46.9 million in 2023, then plunged by 35.62% to $30.2 million in 2024, then slumped by 70.43% to $8.9 million in 2025, then increased by 15.05% to $10.3 million in 2026.
  • Business Quant data shows IE's Operating Expenses at $10.3 million in Q1 2026, $8.9 million in Q4 2025, and $23.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Southern Copper 142.13 Bn 136.85 Bn 2.75 Bn 1.77 Bn
2 Freeport-Mcmoran 91.19 Bn 99.46 Bn 6.22 Bn 4.10 Bn
3 Hudbay Minerals 10.19 Bn 9.65 Bn 368.00 Mn 289.40 Mn
4 Ero Copper 2.69 Bn 2.58 Bn 105.91 Mn -11.06 Mn
5 Ivanhoe Electric 1.75 Bn 1.46 Bn 505,000.00 10.27 Mn
6 Taseko Mines 3.95 Mn -119.02 Mn 83.54 Mn -3.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.27 Mn
Dec 31, 2025 8.92 Mn
Sep 30, 2025 23.81 Mn
Jun 30, 2025 23.80 Mn
Mar 31, 2025 11.64 Mn
Dec 31, 2024 30.17 Mn
Sep 30, 2024 41.32 Mn
Jun 30, 2024 11.54 Mn
Mar 31, 2024 13.41 Mn
Dec 31, 2023 46.87 Mn
Sep 30, 2023 45.65 Mn
Jun 30, 2023 14.80 Mn
Mar 31, 2023 12.48 Mn
Dec 31, 2022 11.55 Mn
Sep 30, 2022 7.99 Mn
Jun 30, 2022 5.92 Mn
Mar 31, 2022 22.55 Mn
Dec 31, 2021 21.24 Mn
Sep 30, 2021 17.84 Mn
Jun 30, 2021 4.18 Mn