Nova Minerals (NVAAF) Operating Expenses (2023 - 2025)

Nova Minerals' Operating Expenses history runs 3 years deep, the most recent figure standing at $73.6 million for Q4 2025.

• In Q4 2025, Operating Expenses rose 11.05% year-over-year to $73.6 million; the TTM figure through Dec 2025 stood at $73.6 million (up 11.05% YoY), while the FY2025 annual figure was -$4.8 million, down 13.68% from the prior year.
• Operating Expenses was $73.6 million for Q4 2025 at Nova Minerals, up from $64.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $73.6 million in Q4 2025 to a low of $54.2 million in Q2 2023.
• Historically, Operating Expenses has averaged $63.8 million across 3 years, with a median of $64.1 million in 2025.
• The sharpest annual moves came in 2024 and 2025: Operating Expenses rose 12.04% in 2024, then climbed 5.64% in 2025.
• A 3-year view of Operating Expenses shows it stood at $54.2 million in 2023, then rose by 22.33% to $66.3 million in 2024, then grew by 11.05% to $73.6 million in 2025.
• The last three Operating Expenses figures came in at $73.6 million (Q4 2025), $64.1 million (Q2 2025), and $66.3 million (Q4 2024), per Business Quant data.