Novagold Resources (NG) Operating Expenses (2013 - 2026)
Novagold Resources' Operating Expenses came in at $14.92 million for fiscal Q1 2026 (quarter ended Feb 28, 2026), up 110.0% from $7.1 million a year earlier.
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Analysis
Novagold Resources (NG) Operating Expenses (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Feb 28, 2026, Novagold Resources reported Operating Expenses of $48.03 million, up 34.0% year-over-year; for FY2015 (ended Nov 30, 2015), it came in at $31.7 million, down 16.6% from FY2014.
- Going back by fiscal year, Operating Expenses was $38.01 million in FY2014 (-31.9%) and $55.78 million in FY2013.
- The fiscal Q1 2026 figure represents the highest quarterly Operating Expenses in data going back to fiscal Q1 2013.
- Year-over-year, Operating Expenses increased in three of the last six quarters, with growth averaging 23.5%.
- The fastest year-over-year change in Operating Expenses over five years came in fiscal Q1 2026 (growth of 110.0%), and the weakest in fiscal Q3 2023 (a decline of 35.4%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | -780.00 Mn |
| 10 | Novagold Resources | 2.92 Bn | 2.92 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 14.92 Mn |
| Aug 31, 2025 | 13.73 Mn |
| May 31, 2025 | 12.28 Mn |
| Feb 28, 2025 | 7.10 Mn |
| Aug 31, 2024 | 7.93 Mn |
| May 31, 2024 | 11.59 Mn |
| Feb 29, 2024 | 9.22 Mn |
| Aug 31, 2023 | 9.22 Mn |
| May 31, 2023 | 13.08 Mn |
| Feb 28, 2023 | -10.08 Mn |
| Aug 31, 2022 | 14.28 Mn |
| May 31, 2022 | 13.81 Mn |
| Feb 28, 2022 | 9.22 Mn |
| Aug 31, 2021 | 11.63 Mn |
| May 31, 2021 | 9.19 Mn |
| Feb 28, 2021 | 7.30 Mn |
| Aug 31, 2020 | 10.90 Mn |
| May 31, 2020 | 8.09 Mn |
| Feb 29, 2020 | 6.28 Mn |
| Aug 31, 2019 | 7.22 Mn |
API Access
Novagold Resources 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=NG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NG", "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=NG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();