Ivanhoe Electric IE
NYSE IE
$10.09 +0.06 (+0.60%)
At close: Sep 2, 2026 · 4:00 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Southern Copper 169.14 Bn 161.81 Bn 2.90 Bn 1.67 Bn
2 Freeport-Mcmoran 106.20 Bn 102.12 Bn 2.19 Bn 5.03 Bn
3 Trekor Metals 53.73 Bn 53.60 Bn 111.31 Mn -2.94 Mn
4 Hudbay Minerals 10.79 Bn 9.74 Bn 269.00 Mn 39.10 Mn
5 Ero Copper 3.59 Bn 3.48 Bn 121.42 Mn -12.54 Mn
6 Ivanhoe Electric 1.60 Bn 1.60 Bn 368,000.00 22.20 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.20 Mn
Mar 31, 2026 33.07 Mn
Dec 31, 2025 27.55 Mn
Sep 30, 2025 23.81 Mn
Jun 30, 2025 26.70 Mn
Mar 31, 2025 27.37 Mn
Dec 31, 2024 30.17 Mn
Sep 30, 2024 41.32 Mn
Jun 30, 2024 47.95 Mn
Mar 31, 2024 56.24 Mn
Dec 31, 2023 46.87 Mn
Sep 30, 2023 45.65 Mn
Jun 30, 2023 45.21 Mn
Mar 31, 2023 37.19 Mn
Dec 31, 2022 40.36 Mn
Sep 30, 2022 40.82 Mn
Jun 30, 2022 28.52 Mn
Mar 31, 2022 22.55 Mn
Dec 31, 2021 21.24 Mn
Sep 30, 2021 17.84 Mn