Nicola Mining NICM
NASDAQ NICM
$6.67 +0.18 (+2.77%)
At close: Aug 20, 2026 · 4:00 PM EDT

Nicola Mining (NICM) Operating Expenses (2024 - 2026)

Nicola Mining (NICM) posted quarterly Operating Expenses of -$1.3 million for Q1 2026, down 79.94% year-over-year from -$6.5 million in Q1 2025, and down 100.0% quarter-over-quarter from $184.3 billion in Q4 2025.

Nicola Mining (NICM) Operating Expenses (2024 - 2026) Analysis & Trends

Nicola Mining's Operating Expenses history runs 3 years deep, the most recent figure standing at -$1.3 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 79.94% year-over-year to -$1.3 million; the TTM figure through Mar 2026 stood at $499.9 billion (changed N/A YoY), while the FY2025 annual figure was $6.0 million, up 55.02% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$1.3 million, down from $184.3 billion in the prior quarter.
  • The five-year high for Operating Expenses was $315.7 billion in Q4 2024, with the low at -$1.3 million in Q1 2026.
  • The 3-year median for Operating Expenses is $92.1 billion (2025), against an average of $125.0 billion.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses slumped 41.63% in 2025, then sank 79.94% in 2026.
  • Nicola Mining's Operating Expenses stood at $315.7 billion in 2024, then plunged by 41.63% to $184.3 billion in 2025, then plunged by 100.0% to -$1.3 million in 2026.
  • Business Quant data shows NICM's Operating Expenses at -$1.3 million in Q1 2026, $184.3 billion in Q4 2025, and -$728763.5 in Q1 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Bhp 245.19 Bn 215.74 Bn - -
2 Rio Tinto 201.39 Bn 191.89 Bn - -
3 Teck Resources 33.53 Bn 28.33 Bn 1.21 Bn -63.62 Mn
4 MP Materials 10.68 Bn 8.20 Bn 36.20 Mn 158.10 Mn
5 Almonty Industries 5.39 Bn 4.50 Bn 18.87 Mn 15.85 Mn
6 Materion 4.70 Bn 4.68 Bn 104.34 Mn 49.21 Mn
7 USA Rare Earth 4.38 Bn 4.38 Bn -1.58 Mn 44.73 Mn
8 Skeena Resources 4.30 Bn 3.88 Bn - 12.41 Mn
9 Evolution Metals & Technologies 2.57 Bn 2.57 Bn -115,000.00 12.07 Mn
10 Nicola Mining 1.49 Bn 1.49 Bn -34,776.32 -2.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.31 Mn
Dec 31, 2025 184.26 Bn
Mar 31, 2025 -728,763.47
Dec 31, 2024 315.68 Bn