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
DateValue
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