Northern Minerals & Exploration (NMEX) Operating Expenses (2011 - 2026)
Northern Minerals & Exploration (NMEX) recorded Operating Expenses of $54,006 in fiscal Q3 2026 (quarter ended Apr 30, 2026), down 16.4% from $64,626 a year earlier and down 48.2% from the prior quarter.
Northern Minerals & Exploration (NMEX) Operating Expenses (2011 - 2026) Analysis & Trends
On a TTM basis, Northern Minerals & Exploration's Operating Expenses came in at $277,713 as of Apr 30, 2026, up 30.7% year-over-year; for FY2025 (ended Jul 31, 2025), it was $235,578, up 48.3% from FY2024.
- Annual Operating Expenses has a five-year compound annual growth rate of 4.3% (FY2020 to FY2025).
- Across earlier fiscal years, Operating Expenses came in at $158,886 in FY2024 (-12.6%), $181,709 in FY2023 (+19.2%), $152,502 in FY2022 (-14.3%) and $177,910 in FY2021 (-6.8%).
- The fiscal Q3 2026 figure is the lowest quarterly Operating Expenses since fiscal Q2 2025.
- On a year-over-year basis, Operating Expenses rose in five of the last eight quarters, with growth averaging 39.0%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 186.3% in fiscal Q2 2026, against a decline of 47.1% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $104,220 (Q2 2026), $59,536 (Q1 2026) and $59,951 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 738.38 Bn | 694.86 Bn | - | 96.59 Bn |
| 2 | Chevron | 441.86 Bn | 413.98 Bn | 33.45 Bn | 53.37 Bn |
| 3 | Shell | 310.05 Bn | 239.79 Bn | 30.13 Bn | 8.70 Bn |
| 4 | TotalEnergies SE | 197.51 Bn | 78.09 Bn | 61.77 Bn | 46.44 Bn |
| 5 | Conocophillips | 176.46 Bn | 149.17 Bn | 12.81 Bn | 2.43 Bn |
| 6 | Equinor Asa | 118.37 Bn | 32.83 Bn | - | -22.18 Bn |
| 7 | Phillips 66 | 116.63 Bn | 104.42 Bn | 8.38 Bn | 47.07 Bn |
| 8 | Canadian Natural Resources | 112.77 Bn | 109.78 Bn | 8.84 Bn | 114.95 Mn |
| 9 | Suncor Energy | 94.88 Bn | 80.63 Bn | - | - |
| 10 | Northern Minerals & Exploration | 4.46 Mn | 4.42 Mn | 1,676.00 | 54,006.00 |
Historic Data
| Date | Value |
|---|---|
| Apr 30, 2026 | 54,006.00 |
| Jan 31, 2026 | 104,220.00 |
| Oct 31, 2025 | 59,536.00 |
| Jul 31, 2025 | 59,951.00 |
| Apr 30, 2025 | 64,626.00 |
| Jan 31, 2025 | 36,399.00 |
| Oct 31, 2024 | 74,602.00 |
| Jul 31, 2024 | 36,866.00 |
| Apr 30, 2024 | 36,284.00 |
| Jan 31, 2024 | 26,916.00 |
| Oct 31, 2023 | 58,820.00 |
| Jul 31, 2023 | 62,138.00 |
| Apr 30, 2023 | 42,168.00 |
| Jan 31, 2023 | 25,751.00 |
| Oct 31, 2022 | 51,652.00 |
| Jul 31, 2022 | 32,163.00 |
| Apr 30, 2022 | 31,272.00 |
| Jan 31, 2022 | 37,570.00 |
| Oct 31, 2021 | 51,497.00 |
| Jul 31, 2021 | 39,619.00 |
Northern Minerals & Exploration 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=NMEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "NMEX", "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=NMEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();