Northern Dynasty Minerals (NAK) Operating Expenses (2012 - 2026)

Northern Dynasty Minerals (NAK) recorded quarterly Operating Expenses of $4.3 million in Q1 2026, up 675.56% quarter-over-quarter from -$748638.1 in Q4 2025, and up 33.45% on a YoY basis from $3.2 million in Q1 2025.

Northern Dynasty Minerals (NAK) Operating Expenses (2012 - 2026) Analysis & Trends

Northern Dynasty Minerals' Operating Expenses history runs 15 years deep, the most recent figure standing at $4.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 33.45% year-over-year to $4.3 million; the TTM figure through Mar 2026 stood at $9.2 million (up 31.08% YoY), while the FY2025 annual figure was $8.1 million, up 19.6% from the prior year.
  • Operating Expenses was $4.3 million for Q1 2026 at Northern Dynasty Minerals, up from -$748638.1 in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.3 million in Q1 2026 to a low of -$1.9 million in Q4 2023.
  • Historically, Operating Expenses has averaged $2.2 million across 5 years, with a median of $3.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 100.94% in 2022, then tumbled 5765.5% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $33151.6 in 2022, then sank by 5765.5% to -$1.9 million in 2023, then surged by 53.88% to -$866177.5 in 2024, then grew by 13.57% to -$748638.1 in 2025, then soared by 675.56% to $4.3 million in 2026.
  • The last three Operating Expenses figures came in at $4.3 million (Q1 2026), -$748638.1 (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 15.97 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 209.01 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 157.04 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 44.65 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -11.78 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 57.09 Mn
10 Northern Dynasty Minerals 1.04 Bn 998.45 Mn - 4.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.31 Mn
Dec 31, 2025 -748,638.08
Sep 30, 2025 2.91 Mn
Jun 30, 2025 2.69 Mn
Mar 31, 2025 3.23 Mn
Dec 31, 2024 -866,177.46
Sep 30, 2024 2.26 Mn
Jun 30, 2024 2.37 Mn
Mar 31, 2024 3.25 Mn
Dec 31, 2023 -1.88 Mn
Sep 30, 2023 3.19 Mn
Jun 30, 2023 3.30 Mn
Mar 31, 2023 3.49 Mn
Dec 31, 2022 33,151.63
Sep 30, 2022 3.04 Mn
Jun 30, 2022 3.69 Mn
Mar 31, 2022 3.47 Mn
Dec 31, 2021 -3.53 Mn
Sep 30, 2021 4.22 Mn
Jun 30, 2021 4.74 Mn