MMEX Resources Corp (MMEX) Operating Expenses (2010 - 2026)
MMEX Resources (MMEX) recorded Operating Expenses of $949,384 in fiscal Q1 2027 (quarter ended Jul 31, 2026), up 157.6% from $368,537 a year earlier and up 140.7% from the prior quarter.
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Analysis
MMEX Resources Corp (MMEX) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, MMEX Resources' Operating Expenses came in at $1.94 million as of Jul 31, 2026, up 34.8% year-over-year; for FY2026 (ended Apr 30, 2026), it came in at $1.36 million, down 5.3% from FY2025.
- Annual Operating Expenses has a five-year compound annual growth rate of 4.7% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $1.44 million in FY2025 (+10.2%), $1.3 million in FY2024 (-28.0%), $1.81 million in FY2023 (-38.9%) and $2.96 million in FY2022 (+174.1%).
- The fiscal Q1 2027 figure is the highest quarterly Operating Expenses since fiscal Q2 2022.
- On a year-over-year basis, Operating Expenses rose in six of the last eight quarters, with growth averaging 20.9%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 437.5% in fiscal Q2 2022, against a decline of 65.5% in fiscal Q2 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $394,441 (Q4 2026), $291,738 (Q3 2026) and $307,012 (Q2 2026).
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 949,384.00 |
| Apr 30, 2026 | 394,441.00 |
| Jan 31, 2026 | 291,738.00 |
| Oct 31, 2025 | 307,012.00 |
| Jul 31, 2025 | 368,537.00 |
| Apr 30, 2025 | 361,980.00 |
| Jan 31, 2025 | 343,265.00 |
| Oct 31, 2024 | 367,269.00 |
| Jul 31, 2024 | 365,058.00 |
| Apr 30, 2024 | 315,595.00 |
| Jan 31, 2024 | 328,926.00 |
| Oct 31, 2023 | 326,757.00 |
| Jul 31, 2023 | 333,136.00 |
| Apr 30, 2023 | 307,858.00 |
| Jan 31, 2023 | 240,703.00 |
| Oct 31, 2022 | 445,126.00 |
| Jul 31, 2022 | 817,312.00 |
| Apr 30, 2022 | 566,356.00 |
| Jan 31, 2022 | 653,245.00 |
| Oct 31, 2021 | 1.29 Mn |
API Access
MMEX Resources Corp Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=MMEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "MMEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=MMEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();