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| Date | Value |
|---|---|
| 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 |