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
DateValue
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