Sigma Lithium (SGML) Operating Expenses (2021 - 2026)

Sigma Lithium (SGML) reported Operating Expenses of -$11.8 million for Q1 2026, down 76.79% year-over-year from -$50.8 million in Q1 2025, and down 56.42% quarter-over-quarter from -$7.5 million in Q3 2025.

Sigma Lithium (SGML) Operating Expenses (2021 - 2026) Analysis & Trends

Sigma Lithium (SGML) has 6 years of Operating Expenses data on file, last reported at -$11.8 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$11.8 million, down 76.79% year-over-year; the trailing twelve-month figure through Mar 2026 was -$32.8 million (up 99.38% YoY), and the FY2022 annual result was $12.2 million, up 172.54% from the prior year.
  • Operating Expenses declined to -$11.8 million in Q1 2026 per SGML's latest filing, from -$7.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $18.3 million in Q4 2022 and troughed at -$5.3 billion in Q3 2024.
  • A 5-year average of -$380.6 million and a median of -$8.1 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2024: Operating Expenses soared 644.24% in 2022, then slumped 43538.61% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $18.3 million in 2022, then slumped by 165.76% to -$12.0 million in 2023, then tumbled by 43538.61% to -$5.3 billion in 2024, then surged by 99.86% to -$7.5 million in 2025, then sank by 56.42% to -$11.8 million in 2026.
  • Business Quant data shows SGML's Operating Expenses at -$11.8 million in Q1 2026, -$7.5 million in Q3 2025, and -$13.5 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Elevra Lithium 556.97 Bn 556.92 Bn - -
2 Bhp 421.29 Bn 411.77 Bn - -
3 Skeena Resources 17.36 Bn 17.34 Bn - 15.97 Mn
4 Ioneer 10.78 Bn 10.76 Bn - 209.01 Mn
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn 157.04 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 44.65 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn -11.78 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 57.09 Mn
10 USA Rare Earth 2.20 Bn 2.20 Bn - 26.32 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -11.78 Mn
Sep 30, 2025 -7.53 Mn
Jun 30, 2025 -13.48 Mn
Mar 31, 2025 -6.67 Mn
Sep 30, 2024 -5.25 Bn
Jun 30, 2024 -4.60 Mn
Mar 31, 2024 -4.37 Mn
Sep 30, 2023 -12.03 Mn
Jun 30, 2023 -11.63 Mn
Mar 31, 2023 -8.64 Mn
Dec 31, 2022 18.30 Mn
Sep 30, 2022 -14.26 Mn
Jun 30, 2022 221,505.64
Mar 31, 2022 -1.07 Mn
Dec 31, 2021 2.46 Mn
Sep 30, 2021 -846,045.91
Jun 30, 2021 646,754.09
Mar 31, 2021 506,453.54