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| Date | Value |
|---|---|
| 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 |