NexMetals Mining (NEXM) Operating Expenses (2017 - 2026)
NexMetals Mining (NEXM) posted quarterly Operating Expenses of $7.9 million for Q1 2026, up 26.91% year-over-year from $6.2 million in Q1 2025, and down 18.13% quarter-over-quarter from $9.6 million in Q4 2025.
NexMetals Mining (NEXM) Operating Expenses (2017 - 2026) Analysis & Trends
NexMetals Mining (NEXM) has reported Operating Expenses for 10 consecutive years, with $7.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 26.91% year-over-year to $7.9 million; the TTM figure through Mar 2026 stood at $39.8 million (up 37.87% YoY), while the FY2025 annual figure was $38.1 million, up 34.09% from the prior year.
- Operating Expenses eased to $7.9 million in Q1 2026 per NEXM's latest filing, from $9.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $18.3 million in Q1 2022 and bottomed at $720177.7 in Q2 2022.
- Historically, Operating Expenses has averaged $7.2 million across 5 years, with a median of $6.7 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 1994.89% — and 2023, when it sank 75.17%.
- NexMetals Mining's Operating Expenses stood at $3.5 million in 2022, then soared by 104.14% to $7.1 million in 2023, then climbed by 8.75% to $7.8 million in 2024, then gained by 23.51% to $9.6 million in 2025, then dropped by 18.13% to $7.9 million in 2026.
- Business Quant data shows NEXM's Operating Expenses at $7.9 million in Q1 2026, $9.6 million in Q4 2025, and $11.3 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 49.21 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.41 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 44.73 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 12.07 Mn |
| 10 | NexMetals Mining | 79.49 Mn | 79.49 Mn | - | 8.65 Mn |
Historic Data
Download 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 | 720,177.67 |
| Mar 31, 2022 | 18.34 Mn |
| Dec 31, 2021 | 6.06 Mn |
| Sep 30, 2021 | 166,031.55 |