Perpetua Resources (PPTA) Operating Expenses (2021 - 2026)
Perpetua Resources (PPTA) recorded quarterly Operating Expenses of $56.6 million in Q1 2026, down 20.55% quarter-over-quarter from $71.2 million in Q4 2025, and up 278.13% on a YoY basis from $15.0 million in Q1 2025.
Perpetua Resources (PPTA) Operating Expenses (2021 - 2026) Analysis & Trends
Perpetua Resources' Operating Expenses history runs 6 years deep, the most recent figure standing at $56.6 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 278.13% year-over-year to $56.6 million; the TTM figure through Mar 2026 stood at $171.3 million (up 190.88% YoY), while the FY2025 annual figure was $128.0 million, up 152.97% from the prior year.
- Operating Expenses was $56.6 million for Q1 2026 at Perpetua Resources, down from $71.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $71.2 million in Q4 2025 to a low of $4.5 million in Q2 2022.
- Historically, Operating Expenses has averaged $17.2 million across 5 years, with a median of $10.7 million in 2024.
- Biggest YoY gain for Operating Expenses was 874.55% in 2022; the steepest drop was 31.15% in 2022.
- A 5-year view of Operating Expenses shows it stood at $5.8 million in 2022, then soared by 60.97% to $9.4 million in 2023, then jumped by 97.4% to $18.6 million in 2024, then soared by 283.33% to $71.2 million in 2025, then retreated by 20.55% to $56.6 million in 2026.
- The last three Operating Expenses figures came in at $56.6 million (Q1 2026), $71.2 million (Q4 2025), and $32.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | -20.15 Mn |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 30.15 Mn |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | 56.56 Mn |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | 3.56 Mn |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | 5.21 Mn |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | 2.92 Mn |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | 4.14 Mn |
| 10 | Platinum Group Metals | 1.34 Bn | 1.36 Bn | - | 2.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.56 Mn |
| Dec 31, 2025 | 71.19 Mn |
| Sep 30, 2025 | 32.36 Mn |
| Jun 30, 2025 | 11.14 Mn |
| Mar 31, 2025 | 14.96 Mn |
| Dec 31, 2024 | 18.57 Mn |
| Sep 30, 2024 | 14.68 Mn |
| Jun 30, 2024 | 10.66 Mn |
| Mar 31, 2024 | 6.74 Mn |
| Dec 31, 2023 | 9.41 Mn |
| Sep 30, 2023 | 8.85 Mn |
| Jun 30, 2023 | 11.46 Mn |
| Mar 31, 2023 | 5.89 Mn |
| Dec 31, 2022 | 5.84 Mn |
| Sep 30, 2022 | 4.79 Mn |
| Jun 30, 2022 | 4.49 Mn |
| Mar 31, 2022 | 4.79 Mn |
| Dec 31, 2021 | 5.44 Mn |
| Sep 30, 2021 | 5.26 Mn |
| Jun 30, 2021 | 6.51 Mn |