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
DateValue
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