Sigma Lithium (SGML) Operating Expenses (2020 - 2026)
Sigma Lithium's (SGML) quarterly Operating Expenses came in at -$25.2 million in Q2 2026, down 87.21% year-over-year from -$197.3 million in Q2 2025, and down 114.2% quarter-over-quarter from -$11.8 million in Q1 2026.
Analysis
Sigma Lithium (SGML) Operating Expenses (2020 - 2026) Analysis & Trends
Sigma Lithium (SGML) has reported Operating Expenses for 7 consecutive years, with -$25.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 87.21% year-over-year to -$25.2 million in Q2 2026; TTM through Jun 2026 was -$59.4 million, a 170.92% decrease from a year earlier, with the FY2025 full-year figure at -$42.5 million, down 15.72% from the prior year.
- Operating Expenses was -$25.2 million for Q2 2026 at Sigma Lithium, down from -$11.8 million in the prior quarter.
- Over five years, Operating Expenses peaked at $304000.0 in Q3 2024 and troughed at -$25.2 million in Q2 2026.
- A 5-year average of -$7.1 million and a median of -$6.2 million in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses soared 102.53% in 2024 and sank 2577.96% in 2025, its largest moves.
- Over 5 years, Operating Expenses stood at -$5.6 million in 2022, then tumbled by 47.45% to -$8.3 million in 2023, then surged by 75.18% to -$2.1 million in 2024, then sank by 616.16% to -$14.8 million in 2025, then tumbled by 70.5% to -$25.2 million in 2026.
- The last three Operating Expenses figures came in at -$25.2 million (Q2 2026), -$11.8 million (Q1 2026), and -$14.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chemical & Mining Co Of Chile | 21.84 Bn | 19.85 Bn | 1.26 Bn | -52.40 Mn |
| 2 | Albemarle | 14.89 Bn | 13.52 Bn | 590.30 Mn | - |
| 3 | Sigma Lithium | 1.38 Bn | 1.36 Bn | 32.81 Mn | -25.24 Mn |
| 4 | Lithium Argentina AG | 1.10 Bn | 993.41 Mn | 110.99 Mn | -6.65 Mn |
| 5 | Lithium Americas | 1.08 Bn | 335.16 Mn | - | 15.14 Mn |
| 6 | Standard Lithium | 577.69 Mn | 440.44 Mn | - | 3.05 Mn |
| 7 | Solid Power | 572.59 Mn | 572.59 Mn | -1.85 Mn | 30.02 Mn |
| 8 | American Battery Technology | 367.72 Mn | 328.43 Mn | 737,749.00 | 35.14 Mn |
| 9 | Atlas Lithium | 100.11 Mn | 69.88 Mn | - | 11.83 Mn |
| 10 | American Battery Materials | 21.56 Mn | 21.56 Mn | - | 717,939.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.24 Mn |
| Mar 31, 2026 | -11.78 Mn |
| Dec 31, 2025 | -14.80 Mn |
| Sep 30, 2025 | -7.53 Mn |
| Jun 30, 2025 | -13.48 Mn |
| Mar 31, 2025 | -6.67 Mn |
| Dec 31, 2024 | -2.07 Mn |
| Sep 30, 2024 | 304,000.00 |
| Jun 30, 2024 | -3.63 Mn |
| Mar 31, 2024 | -1.40 Mn |
| Dec 31, 2023 | -8.33 Mn |
| Sep 30, 2023 | -12.03 Mn |
| Jun 30, 2023 | -532,283.51 |
| Mar 31, 2023 | -471,186.58 |
| Dec 31, 2022 | -5.65 Mn |
| Sep 30, 2022 | -14.26 Mn |
| Jun 30, 2022 | -23,992.98 |
| Mar 31, 2022 | -1.09 Mn |
| Dec 31, 2021 | 6.41 Mn |
| Sep 30, 2021 | -869,083.78 |