Standard Lithium (SLI) Operating Expenses (2020 - 2025)
Standard Lithium's (SLI) quarterly Operating Expenses came in at $3.1 million in Q3 2025, down 75.93% YoY from $12.9 million in Q3 2024, and up 158.06% on a QoQ basis from -$5.4 million in Q2 2025.
Standard Lithium (SLI) Operating Expenses (2020 - 2025) Analysis & Trends
Standard Lithium (SLI) has 6 years of Operating Expenses data on file, last reported at $3.1 million in Q3 2025.
- Quarterly Operating Expenses fell 75.93% year-over-year to $3.1 million in Q3 2025, while the trailing twelve-month figure through Mar 2026 was -$2.2 million (down 115.5% YoY) and the FY2025 annual result came in at $4.6 million, changed N/A from the prior year.
- Operating Expenses climbed to $3.1 million in Q3 2025, from -$5.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $12.9 million in Q3 2024 to a low of -$5.4 million in Q2 2025.
- A 5-year average of $1.4 million and a median of $828910.5 in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 1330.35% — and 2025, when it sank 75.93%.
- Tracing SLI's Operating Expenses over 5 years: stood at $466651.4 in 2021, then grew by 28.35% to $598939.5 in 2022, then surged by 67.53% to $1.0 million in 2023, then surged by 1186.66% to $12.9 million in 2024, then sank by 75.93% to $3.1 million in 2025.
- The last three Operating Expenses figures came in at $3.1 million (Q3 2025), -$5.4 million (Q2 2025), and $1.6 million (Q1 2025), per Business Quant data.
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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 | Standard Lithium | 556.79 Mn | 419.49 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 3.11 Mn |
| Jun 30, 2025 | -5.35 Mn |
| Mar 31, 2025 | 1.56 Mn |
| Sep 30, 2024 | 12.91 Mn |
| Mar 31, 2024 | 1.04 Mn |
| Dec 31, 2023 | 1.00 Mn |
| Sep 30, 2023 | 902,575.87 |
| Mar 31, 2023 | 735,258.19 |
| Dec 31, 2022 | 598,939.49 |
| Sep 30, 2022 | 755,245.05 |
| Mar 31, 2022 | 1.56 Mn |
| Dec 31, 2021 | 466,651.39 |
| Sep 30, 2021 | 492,737.93 |
| Mar 31, 2021 | 146,212.58 |
| Dec 31, 2020 | 94,386.08 |
| Sep 30, 2020 | 49,634.52 |