Sibanye Stillwater SBSW
NYSE SBSW
$12.58 +0.76 (+6.43%)
As of: Aug 21, 2026 · 3:59 PM EDT

Sibanye Stillwater (SBSW) Operating Expenses (2019 - 2026)

Sibanye Stillwater (SBSW) posted quarterly Operating Expenses of $980037.2 for Q1 2026, down 49.93% year-over-year from $2.0 million in Q1 2025, and down 99.61% quarter-over-quarter from $253.7 million in Q4 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 $980037.2 for Q1 2026.

  • In Q1 2026, Operating Expenses fell 49.93% year-over-year to $980037.2; the TTM figure through Mar 2026 stood at $266.1 million (up 154.38% YoY), while the FY2025 annual figure was $818.6 million, up 263.39% from the prior year.
  • Operating Expenses for Q1 2026 stood at $980037.2, down from $253.7 million in the prior quarter.
  • The five-year high for Operating Expenses was $253.7 million in Q4 2025, with the low at -$2.6 billion in Q4 2023.
  • The 5-year median for Operating Expenses is $412419.6 (2022), against an average of -$164.8 million.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 4448214.86% in 2023, then soared 7425.29% in 2024.
  • Sibanye Stillwater's Operating Expenses stood at $57912.2 in 2022, then slumped by 4448214.86% to -$2.6 billion in 2023, then soared by 96.35% to -$94.0 million in 2024, then jumped by 369.89% to $253.7 million in 2025, then sank by 99.61% to $980037.2 in 2026.
  • Business Quant data shows SBSW's Operating Expenses at $980037.2 in Q1 2026, $253.7 million in Q4 2025, and $113443.9 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hecla Mining 13.93 Bn 13.44 Bn 332.52 Mn 188.15 Mn
2 Buenaventura Mining 8.96 Bn 7.95 Bn - -
3 Triple Flag Precious Metals 6.96 Bn 6.95 Bn 88.25 Mn 3.89 Mn
4 Perpetua Resources 3.21 Bn 3.21 Bn - 106.58 Mn
5 Solaris Resources 1.49 Bn 1.44 Bn - 3.91 Mn
6 Elemental Royalty 1.43 Bn 1.36 Bn 15.71 Mn -5.59 Mn
7 McEwen 1.26 Bn 1.16 Bn 20.08 Mn 12.38 Mn
8 Versamet Royalties 1.14 Bn 1.14 Bn 13.99 Mn -7.24 Mn
9 Metalla Royalty & Streaming 1.04 Bn 1.03 Bn 4.75 Mn -1.43 Mn
10 Sibanye Stillwater 21,999.25 21,999.25 - 5.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 980,037.22
Dec 31, 2025 253.70 Mn
Sep 30, 2025 113,443.95
Jun 30, 2025 11.28 Mn
Mar 31, 2025 1.96 Mn
Dec 31, 2024 -94.00 Mn
Sep 30, 2024 20.21 Mn
Jun 30, 2024 -417.45 Mn
Mar 31, 2024 6.47 Mn
Dec 31, 2023 -2.58 Bn
Sep 30, 2023 268,551.78
Jun 30, 2023 -12.63 Mn
Mar 31, 2023 113,063.67
Dec 31, 2022 57,912.17
Sep 30, 2022 412,419.60
Jun 30, 2022 1.74 Mn
Mar 31, 2022 591,560.45
Dec 31, 2021 -334.64 Mn
Sep 30, 2021 685,680.36
Jun 30, 2021 707,170.06