Orla Mining (ORLA) Operating Expenses (2019 - 2026)
Orla Mining (ORLA) posted quarterly Operating Expenses of -$95.4 million for Q1 2026, down 97.64% YoY from -$4.1 billion in Q1 2025, and down 117.53% sequentially from $544.3 million in Q4 2025.
Orla Mining (ORLA) Operating Expenses (2019 - 2026) Analysis & Trends
Orla Mining has disclosed Operating Expenses across 8 years of filings, most recently posting -$95.4 million for Q1 2026.
- In Q1 2026, Operating Expenses fell 97.64% year-over-year to -$95.4 million; the TTM figure through Mar 2026 stood at $272.0 million (up 480.08% YoY), while the FY2025 annual figure was $319.2 million, up 314.19% from the prior year.
- Operating Expenses retreated to -$95.4 million in Q1 2026, from $544.3 million in the prior quarter.
- Over the last five years, Operating Expenses for ORLA reached as high as $544.3 million in Q4 2025 and fell as low as -$95.4 million in Q1 2026.
- The 5-year median for Operating Expenses is -$12.0 million (2022), against an average of $25.9 million.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 2349.91% — and 2025, when it sank 366.56%.
- A 5-year view of Operating Expenses shows it stood at $77.7 million in 2022, then grew by 27.34% to $99.0 million in 2023, then soared by 35.61% to $134.2 million in 2024, then jumped by 305.59% to $544.3 million in 2025, then tumbled by 117.53% to -$95.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$95.4 million, $544.3 million, and -$91.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 155.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | -7.01 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 2.84 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -19.25 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 89.82 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -1.16 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 9.20 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 83.10 Mn |
| 10 | Orla Mining | 3.36 Bn | 2.90 Bn | - | -95.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -95.41 Mn |
| Dec 31, 2025 | 544.31 Mn |
| Sep 30, 2025 | -91.28 Mn |
| Jun 30, 2025 | -85.58 Mn |
| Mar 31, 2025 | -48.27 Mn |
| Dec 31, 2024 | 134.20 Mn |
| Sep 30, 2024 | -20.51 Mn |
| Jun 30, 2024 | -18.52 Mn |
| Mar 31, 2024 | 18.11 Mn |
| Dec 31, 2023 | 98.96 Mn |
| Sep 30, 2023 | -16.04 Mn |
| Jun 30, 2023 | -13.46 Mn |
| Mar 31, 2023 | -11.79 Mn |
| Dec 31, 2022 | 77.71 Mn |
| Sep 30, 2022 | -11.97 Mn |
| Jun 30, 2022 | -10.78 Mn |
| Mar 31, 2022 | -9.37 Mn |
| Dec 31, 2021 | -3.45 Mn |
| Sep 30, 2021 | -4.11 Mn |
| Jun 30, 2021 | -4.15 Mn |