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

Nicola Mining (NICM) recorded quarterly Operating Expenses of -$1.3 million in Q1 2026, down 100.0% quarter-over-quarter from $184.3 billion in Q4 2025, and down 79.94% on a YoY basis from -$6.5 million in Q1 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 was -$1.3 million for Q1 2026 at Nicola Mining, down from $184.3 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $315.7 billion in Q4 2024 to a low of -$1.3 million in Q1 2026.
  • Historically, Operating Expenses has averaged $125.0 billion across 3 years, with a median of $92.1 billion in 2025.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses tumbled 41.63% in 2025, then slumped 79.94% in 2026.
  • A 3-year view of Operating Expenses shows it stood at $315.7 billion in 2024, then sank by 41.63% to $184.3 billion in 2025, then sank by 100.0% to -$1.3 million in 2026.
  • The last three Operating Expenses figures came in at -$1.3 million (Q1 2026), $184.3 billion (Q4 2025), and -$728763.5 (Q1 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 Nicola Mining 1.00 Bn 997.64 Mn 266,906.05 -1.31 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