Sigma Lithium (SGML) Operating Expenses (2020 - 2026)
Sigma Lithium (SGML) posted quarterly 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 (2020 - 2026) Analysis & Trends
Sigma Lithium (SGML) has reported Operating Expenses for 7 consecutive years, with -$11.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 76.79% year-over-year to -$11.8 million; the TTM figure through Mar 2026 stood at -$8.5 billion (down 155.59% YoY), while the FY2022 annual figure was $12.2 million, up 173.68% from the prior year.
- Operating Expenses slipped to -$11.8 million in Q1 2026 per SGML's latest filing, from -$7.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $304.0 million in Q3 2024 and bottomed at -$8.5 billion in Q2 2025.
- Historically, Operating Expenses has averaged -$947.8 million across 5 years, with a median of -$10.2 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 50186.96% — and 2024, when it soared 2626.47%.
- Sigma Lithium's Operating Expenses stood at $18.3 million in 2022, then tumbled by 165.76% to -$12.0 million in 2023, then soared by 2626.47% to $304.0 million in 2024, then tumbled by 102.48% to -$7.5 million in 2025, then slumped 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 -$8.5 billion in Q2 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 238.03 Bn | 208.58 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 32.48 Bn | 27.27 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 9.79 Bn | 7.32 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.05 Bn | 4.16 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.85 Bn | 4.83 Bn | 104.34 Mn | 49.21 Mn |
| 7 | Skeena Resources | 4.31 Bn | 3.89 Bn | - | 12.41 Mn |
| 8 | USA Rare Earth | 3.94 Bn | 3.94 Bn | -1.58 Mn | 44.73 Mn |
| 9 | Evolution Metals & Technologies | 2.06 Bn | 2.06 Bn | -115,000.00 | 12.07 Mn |
| 10 | Sigma Lithium | 1.20 Bn | 1.17 Bn | 32.81 Mn | -25.24 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -11.78 Mn |
| Sep 30, 2025 | -7.53 Mn |
| Jun 30, 2025 | -8.49 Bn |
| Mar 31, 2025 | -6.67 Mn |
| Sep 30, 2024 | 304.00 Mn |
| Jun 30, 2024 | -3.63 Bn |
| Mar 31, 2024 | -1.40 Bn |
| Sep 30, 2023 | -12.03 Mn |
| Jun 30, 2023 | -12.07 Mn |
| Mar 31, 2023 | -8.67 Mn |
| Dec 31, 2022 | 18.30 Mn |
| Sep 30, 2022 | -14.26 Mn |
| Jun 30, 2022 | -23,992.98 |
| Mar 31, 2022 | -933,949.40 |
| Dec 31, 2021 | 2.46 Mn |
| Sep 30, 2021 | -869,083.78 |
| Jun 30, 2021 | 658,143.47 |
| Mar 31, 2021 | 600,475.33 |
| Dec 31, 2020 | 15,650.98 |