Standard Lithium (SLI) Operating Expenses (2020 - 2025)

Standard Lithium (SLI) reported Operating Expenses of $3.1 million for Q3 2025, up 10.53% on a YoY basis from $2.8 million in Q3 2024, and up 158.06% quarter-over-quarter from -$5.4 million in Q2 2025.

Standard Lithium (SLI) Operating Expenses (2020 - 2025) Analysis & Trends

Standard Lithium has reported Operating Expenses for 6 years, with the latest figure at $3.1 million in Q3 2025.

  • For the quarter ending Q3 2025, Operating Expenses rose 10.53% year-over-year to $3.1 million; the trailing twelve-month figure through Mar 2026 stood at -$2.2 million (down 149.31% YoY), and the FY2025 full-year result was $2.3 million, up 250.0% from the prior year.
  • Operating Expenses for Q3 2025 stood at $3.1 million, up from -$5.4 million in the prior quarter.
  • The five-year high for Operating Expenses was $3.1 million in Q3 2025, with the low at -$5.4 million in Q2 2025.
  • Historically, Operating Expenses has averaged $613186.3 across 5 years, with a median of $668942.1 in 2022.
  • Annual changes were most pronounced in 2021 — Operating Expenses jumped 892.73% — and 2025, when it sank 3136.81%.
  • Standard Lithium's Operating Expenses stood at $582123.8 in 2021, then grew by 3.39% to $601886.3 in 2022, then surged by 95.38% to $1.2 million in 2023, then surged by 139.03% to $2.8 million in 2024, then rose by 10.53% 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.

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 Standard Lithium 34.70 -153.47 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 3.11 Mn
Jun 30, 2025 -5.35 Mn
Mar 31, 2025 1.56 Mn
Sep 30, 2024 2.81 Mn
Jun 30, 2024 176,204.87
Mar 31, 2024 1.21 Mn
Dec 31, 2023 1.18 Mn
Sep 30, 2023 1.05 Mn
Jun 30, 2023 5,211.17
Mar 31, 2023 735,997.88
Dec 31, 2022 601,886.30
Sep 30, 2022 910,127.79
Mar 31, 2022 590,722.60
Dec 31, 2021 582,123.84
Sep 30, 2021 492,737.93
Mar 31, 2021 146,212.58
Dec 31, 2020 94,386.08
Sep 30, 2020 49,634.52