Odyssey Marine Exploration (OMEX) Operating Expenses (2010 - 2026)

Odyssey Marine Exploration (OMEX) reported 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 17 years of Operating Expenses data on file, last reported at $6.4 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $6.4 million, up 172.51% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.9 million (up 74.83% YoY), and the FY2025 annual result was $13.8 million, up 7.92% from the prior year.
  • Operating Expenses grew to $6.4 million in Q1 2026 per OMEX's latest filing, from $4.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $18.1 million in Q4 2022 and troughed at $1.5 million in Q4 2024.
  • A 5-year average of $4.6 million and a median of $3.2 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 322.31% in 2022, then tumbled 86.8% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $18.1 million in 2022, then plunged by 86.8% to $2.4 million in 2023, then plunged by 35.55% to $1.5 million in 2024, then soared by 206.68% to $4.7 million in 2025, then surged 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.

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 Odyssey Marine Exploration 54.73 Mn 14.54 Mn - 6.43 Mn

Historic Data

Download Data
DateValue
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 4.08 Mn
Jun 30, 2022 4.57 Mn
Mar 31, 2022 6.94 Mn
Dec 31, 2021 4.29 Mn
Sep 30, 2021 3.37 Mn
Jun 30, 2021 5.13 Mn