Odyssey Marine Exploration (OMEX) Operating Expenses (2010 - 2026)
Odyssey Marine Exploration (OMEX) posted quarterly Operating Expenses of $6.4 million for Q1 2026, up 172.51% year-over-year from $2.4 million in Q1 2025, and up 36.23% quarter-over-quarter from $4.7 million in Q4 2025.
Odyssey Marine Exploration (OMEX) Operating Expenses (2010 - 2026) Analysis & Trends
Odyssey Marine Exploration (OMEX) has reported Operating Expenses for 17 consecutive years, with $6.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 172.51% year-over-year to $6.4 million; the TTM figure through Mar 2026 stood at $17.9 million (up 74.83% YoY), while the FY2025 annual figure was $13.8 million, up 7.92% from the prior year.
- Operating Expenses improved to $6.4 million in Q1 2026 per OMEX's latest filing, from $4.7 million in the prior quarter.
- Across five years, Operating Expenses topped out at $18.1 million in Q4 2022 and bottomed at -$36724.0 in Q3 2022.
- Historically, Operating Expenses has averaged $4.1 million across 5 years, with a median of $3.1 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 101.09% — and 2023, when it jumped 7265.06%.
- Odyssey Marine Exploration's Operating Expenses stood at $18.1 million in 2022, then sank by 86.8% to $2.4 million in 2023, then sank by 35.55% to $1.5 million in 2024, then jumped by 206.68% to $4.7 million in 2025, then soared by 36.23% to $6.4 million in 2026.
- Business Quant data shows OMEX's Operating Expenses at $6.4 million in Q1 2026, $4.7 million in Q4 2025, and $2.2 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 244.73 Bn | 215.28 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.56 Bn | 28.35 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 10.70 Bn | 8.23 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.34 Bn | 4.45 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.74 Bn | 4.72 Bn | 104.34 Mn | 49.21 Mn |
| 7 | USA Rare Earth | 4.39 Bn | 4.39 Bn | -1.58 Mn | 44.73 Mn |
| 8 | Skeena Resources | 4.30 Bn | 3.87 Bn | - | 12.41 Mn |
| 9 | Evolution Metals & Technologies | 2.59 Bn | 2.59 Bn | -115,000.00 | 12.07 Mn |
| 10 | Odyssey Marine Exploration | 52.73 Mn | 52.73 Mn | - | 7.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.77 Mn |
| Mar 31, 2026 | 6.43 Mn |
| Dec 31, 2025 | 4.72 Mn |
| Sep 30, 2025 | 2.19 Mn |
| Jun 30, 2025 | 4.51 Mn |
| Mar 31, 2025 | 2.36 Mn |
| Dec 31, 2024 | 1.54 Mn |
| Sep 30, 2024 | 3.08 Mn |
| Jun 30, 2024 | 3.23 Mn |
| Mar 31, 2024 | 4.92 Mn |
| Dec 31, 2023 | 2.39 Mn |
| Sep 30, 2023 | 2.63 Mn |
| Jun 30, 2023 | 3.02 Mn |
| Mar 31, 2023 | 3.10 Mn |
| Dec 31, 2022 | 18.10 Mn |
| Sep 30, 2022 | -36,724.00 |
| Jun 30, 2022 | 1.09 Mn |
| Mar 31, 2022 | 6.98 Mn |
| Dec 31, 2021 | 4.29 Mn |
| Sep 30, 2021 | 3.37 Mn |