Nouveau Monde Graphite (NMG) Operating Expenses (2020 - 2026)
Nouveau Monde Graphite (NMG) posted quarterly 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 reported Operating Expenses for 7 consecutive years, with $2.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 56.79% year-over-year to $2.9 million; the TTM figure through Mar 2026 stood at $14.0 million (down 49.81% YoY), while the FY2025 annual figure was $18.0 million, down 32.34% from the prior year.
- Operating Expenses advanced to $2.9 million in Q1 2026 per NMG's latest filing, from $2.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $7.6 million in Q3 2024 and bottomed at $2.0 million in Q4 2025.
- Historically, Operating Expenses has averaged $4.7 million across 5 years, with a median of $4.4 million in 2022.
- Annual changes were most pronounced in 2022 — Operating Expenses surged 1882.53% — and 2025, when it slumped 71.27%.
- Nouveau Monde Graphite's Operating Expenses stood at $3.3 million in 2022, then jumped by 40.08% to $4.6 million in 2023, then jumped by 54.41% to $7.1 million in 2024, then sank by 71.27% to $2.0 million in 2025, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 49.21 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.41 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 44.73 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 12.07 Mn |
| 10 | Nouveau Monde Graphite | 342.56 Mn | 342.56 Mn | - | 2.73 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 |