Sibanye Stillwater (SBSW) Operating Expenses (2019 - 2026)
Sibanye Stillwater (SBSW) recorded quarterly Operating Expenses of $5.2 million in Q1 2026, up 2869.57% quarter-over-quarter from $175326.7 in Q4 2025, and up 165.98% on a YoY basis from $2.0 million in Q1 2025.
Sibanye Stillwater (SBSW) Operating Expenses (2019 - 2026) Analysis & Trends
Sibanye Stillwater's Operating Expenses history runs 8 years deep, the most recent figure standing at $5.2 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 165.98% year-over-year to $5.2 million; the TTM figure through Mar 2026 stood at $16.8 million (down 20.5% YoY), while the FY2025 annual figure was $14.4 million, up 148.12% from the prior year.
- Operating Expenses was $5.2 million for Q1 2026 at Sibanye Stillwater, up from $175326.7 in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $20.2 million in Q3 2024 to a low of -$38.0 million in Q4 2023.
- Historically, Operating Expenses has averaged -$1.6 million across 5 years, with a median of $1.7 million in 2022.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses slumped 825.14% in 2023, then jumped 7425.29% in 2024.
- A 5-year view of Operating Expenses shows it stood at -$18.6 million in 2022, then tumbled by 104.38% to -$38.0 million in 2023, then jumped by 63.16% to -$14.0 million in 2024, then jumped by 101.25% to $175326.7 in 2025, then soared by 2869.57% to $5.2 million in 2026.
- The last three Operating Expenses figures came in at $5.2 million (Q1 2026), $175326.7 (Q4 2025), and $113443.9 (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 | 5.21 Mn |
| Dec 31, 2025 | 175,326.65 |
| Sep 30, 2025 | 113,443.95 |
| Jun 30, 2025 | 11.28 Mn |
| Mar 31, 2025 | 1.96 Mn |
| Dec 31, 2024 | -14.00 Mn |
| Sep 30, 2024 | 20.21 Mn |
| Jun 30, 2024 | 12.93 Mn |
| Mar 31, 2024 | 3.18 Mn |
| Dec 31, 2023 | -38.00 Mn |
| Sep 30, 2023 | 268,551.78 |
| Jun 30, 2023 | -12.63 Mn |
| Mar 31, 2023 | 2.60 Mn |
| Dec 31, 2022 | -18.59 Mn |
| Jun 30, 2022 | 1.74 Mn |
| Dec 31, 2021 | -4.00 Mn |
| Jun 30, 2021 | 707,170.06 |
| Dec 31, 2020 | -11.00 Mn |
| Jun 30, 2020 | -1.39 Mn |
| Mar 31, 2020 | 18.34 Mn |