Niocorp Developments (NIOBW) Operating Expenses (2016 - 2025)
Niocorp Developments' (NIOBW) quarterly Operating Expenses came in at $9.5 million in Q4 2025, up 227.54% year-over-year from $2.9 million in Q4 2024, and down 20.94% quarter-over-quarter from $12.0 million in Q3 2025.
Analysis
Niocorp Developments (NIOBW) Operating Expenses (2016 - 2025) Analysis & Trends
Niocorp Developments has disclosed Operating Expenses across 10 years of filings, most recently posting $9.5 million for Q4 2025.
- In Q4 2025, Operating Expenses rose 227.54% year-over-year to $9.5 million; the TTM figure through Dec 2025 stood at $29.2 million (up 149.57% YoY), while the FY2025 annual figure was $12.0 million, down 13.08% from the prior year.
- Operating Expenses came in at $9.5 million for Q4 2025 at Niocorp Developments, down from $12.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $29.2 million in Q1 2023 to a low of $845000.0 in Q1 2021.
- Average Operating Expenses over 5 years is $4.9 million, with a median of $2.9 million recorded in 2024.
- Year-over-year, Operating Expenses surged 2006.2% in 2023 and sank 82.5% in 2024.
- Over 5 years, Operating Expenses stood at $3.0 million in 2021, then fell by 27.31% to $2.2 million in 2022, then surged by 32.53% to $2.9 million in 2023, then decreased by 0.55% to $2.9 million in 2024, then surged by 227.54% to $9.5 million in 2025.
- Per Business Quant data, the three most recent Operating Expenses figures were $9.5 million in Q4 2025, $12.0 million in Q3 2025, and $5.1 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 44.73 Mn |
| 2 | Evolution Metals & Technologies | 1.99 Bn | 1.99 Bn | -115,000.00 | 12.07 Mn |
| 3 | Niocorp Developments | 126.18 Mn | -180.18 Mn | - | 9.50 Mn |
| 4 | DyTb | 71.56 Mn | 71.56 Mn | - | 1.35 Mn |
| 5 | Critical Metals | 8.39 Mn | -7.05 Bn | - | -151,275.66 |
| 6 | Mag Magna | 3.35 Mn | 3.32 Mn | - | 131,125.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 9.50 Mn |
| Sep 30, 2025 | 12.02 Mn |
| Jun 30, 2025 | 5.06 Mn |
| Mar 31, 2025 | 2.60 Mn |
| Dec 31, 2024 | 2.90 Mn |
| Sep 30, 2024 | 1.40 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 5.11 Mn |
| Dec 31, 2023 | 2.92 Mn |
| Sep 30, 2023 | 3.44 Mn |
| Jun 30, 2023 | 3.94 Mn |
| Mar 31, 2023 | 29.19 Mn |
| Dec 31, 2022 | 2.20 Mn |
| Sep 30, 2022 | 2.08 Mn |
| Jun 30, 2022 | 2.13 Mn |
| Mar 31, 2022 | 1.39 Mn |
| Dec 31, 2021 | 3.03 Mn |
| Jun 30, 2021 | 971,000.00 |
| Mar 31, 2021 | 845,000.00 |
| Dec 31, 2020 | 1.21 Mn |