NexMetals Mining (NEXM) Operating Expenses (2017 - 2026)
NexMetals Mining's (NEXM) quarterly Operating Expenses came in at $8.6 million in Q2 2026, down 21.56% year-over-year from $11.0 million in Q2 2025, and up 10.09% quarter-over-quarter from $7.9 million in Q1 2026.
Analysis
NexMetals Mining (NEXM) Operating Expenses (2017 - 2026) Analysis & Trends
NexMetals Mining (NEXM) has reported Operating Expenses for 10 consecutive years, with $8.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 21.56% year-over-year to $8.6 million in Q2 2026; TTM through Jun 2026 was $37.4 million, a 12.64% increase from a year earlier, with the FY2025 full-year figure at $38.1 million, up 34.09% from the prior year.
- Operating Expenses was $8.6 million for Q2 2026 at NexMetals Mining, up from $7.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $11.3 million in Q3 2025 and troughed at $172226.4 in Q1 2022.
- A 5-year average of $6.2 million and a median of $6.5 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses jumped 2544.23% in 2023 and fell 21.56% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $3.5 million in 2022, then jumped by 104.14% to $7.1 million in 2023, then gained by 8.75% to $7.8 million in 2024, then increased by 23.51% to $9.6 million in 2025, then dropped by 9.87% to $8.6 million in 2026.
- The last three Operating Expenses figures came in at $8.6 million (Q2 2026), $7.9 million (Q1 2026), and $9.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Southern Copper | 174.97 Bn | 167.64 Bn | 2.90 Bn | 1.67 Bn |
| 2 | Freeport-Mcmoran | 109.93 Bn | 105.85 Bn | 2.19 Bn | 5.03 Bn |
| 3 | Teck Resources | 32.69 Bn | 28.21 Bn | 1.21 Bn | -76.63 Mn |
| 4 | Carpenter Technology | 22.96 Bn | 22.57 Bn | 268.90 Mn | 62.00 Mn |
| 5 | Hudbay Minerals | 11.39 Bn | 10.34 Bn | 269.00 Mn | 39.10 Mn |
| 6 | Ero Copper | 3.97 Bn | 3.87 Bn | 121.42 Mn | -12.54 Mn |
| 7 | Almonty Industries | 3.80 Bn | 2.92 Bn | 18.87 Mn | 10.86 Mn |
| 8 | Nexa Resources | 1.89 Bn | 1.49 Bn | 257.20 Mn | -60.76 Mn |
| 9 | TMC the metals | 1.86 Bn | 1.76 Bn | - | 5.81 Mn |
| 10 | NexMetals Mining | 83.41 Mn | 83.41 Mn | - | 8.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.65 Mn |
| Mar 31, 2026 | 7.86 Mn |
| Dec 31, 2025 | 9.60 Mn |
| Sep 30, 2025 | 11.32 Mn |
| Jun 30, 2025 | 11.03 Mn |
| Mar 31, 2025 | 6.19 Mn |
| Dec 31, 2024 | 7.77 Mn |
| Sep 30, 2024 | 8.23 Mn |
| Jun 30, 2024 | 6.67 Mn |
| Mar 31, 2024 | 6.36 Mn |
| Dec 31, 2023 | 7.14 Mn |
| Sep 30, 2023 | 5.10 Mn |
| Jun 30, 2023 | 5.72 Mn |
| Mar 31, 2023 | 4.55 Mn |
| Dec 31, 2022 | 3.50 Mn |
| Sep 30, 2022 | 1.57 Mn |
| Jun 30, 2022 | 482,526.37 |
| Mar 31, 2022 | 172,226.43 |
| Dec 31, 2021 | 237,155.13 |
| Sep 30, 2021 | 77,392.15 |