Nouveau Monde Graphite (NMG) Operating Expenses (2020 - 2026)
Nouveau Monde Graphite (NMG) reported Operating Expenses of $2.9 million for Q1 2026, down 56.79% year-over-year from $6.7 million in Q1 2025, and up 41.5% quarter-over-quarter from $2.0 million in Q4 2025.
Nouveau Monde Graphite (NMG) Operating Expenses (2020 - 2026) Analysis & Trends
Nouveau Monde Graphite (NMG) has 7 years of Operating Expenses data on file, last reported at $2.9 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.9 million, down 56.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.0 million (down 49.81% YoY), and the FY2025 annual result was $18.0 million, down 32.34% from the prior year.
- Operating Expenses improved to $2.9 million in Q1 2026 per NMG's latest filing, from $2.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $7.6 million in Q3 2024 and troughed at $2.0 million in Q4 2025.
- A 5-year average of $4.7 million and a median of $4.4 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses surged 1882.53% in 2022, then slumped 71.27% in 2025.
- A 5-year view of Operating Expenses shows it stood at $3.3 million in 2022, then soared by 40.08% to $4.6 million in 2023, then soared by 54.41% to $7.1 million in 2024, then plunged by 71.27% to $2.0 million in 2025, then soared by 41.5% to $2.9 million in 2026.
- Business Quant data shows NMG's Operating Expenses at $2.9 million in Q1 2026, $2.0 million in Q4 2025, and $2.9 million in Q3 2025.
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 | Nouveau Monde Graphite | 33.91 | -41.79 Mn | - | 2.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.88 Mn |
| Dec 31, 2025 | 2.04 Mn |
| Sep 30, 2025 | 2.87 Mn |
| Jun 30, 2025 | 6.24 Mn |
| Mar 31, 2025 | 6.68 Mn |
| Dec 31, 2024 | 7.10 Mn |
| Sep 30, 2024 | 7.65 Mn |
| Jun 30, 2024 | 6.54 Mn |
| Mar 31, 2024 | 5.80 Mn |
| Dec 31, 2023 | 4.60 Mn |
| Sep 30, 2023 | 5.06 Mn |
| Jun 30, 2023 | 3.85 Mn |
| Mar 31, 2023 | 3.50 Mn |
| Dec 31, 2022 | 3.28 Mn |
| Sep 30, 2022 | 2.88 Mn |
| Jun 30, 2022 | 4.29 Mn |
| Mar 31, 2022 | 4.43 Mn |
| Dec 31, 2021 | 2.99 Mn |
| Sep 30, 2021 | 805,531.04 |
| Jun 30, 2021 | 738,682.66 |