Silvercorp Metals (SVM) Operating Expenses (2009 - 2026)
Silvercorp Metals' (SVM) quarterly Operating Expenses came in at -$124.9 million in Q1 2026, down 514.2% YoY from $30.2 million in Q1 2025, and down 4325.16% on a QoQ basis from $3.0 million in Q4 2025.
Silvercorp Metals (SVM) Operating Expenses (2009 - 2026) Analysis & Trends
Silvercorp Metals (SVM) has 18 years of Operating Expenses data on file, last reported at -$124.9 million in Q1 2026.
- Quarterly Operating Expenses fell 514.2% year-over-year to -$124.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$88.3 million (down 315.9% YoY) and the FY2026 annual result came in at $12.1 million, up 0.83% from the prior year.
- Operating Expenses slipped to -$124.9 million in Q1 2026, from $3.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $30.8 million in Q2 2025 to a low of -$124.9 million in Q1 2026.
- A 5-year average of $1.8 million and a median of $3.4 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses surged 954.79% — and 2026, when it tumbled 514.2%.
- Tracing SVM's Operating Expenses over 5 years: stood at $2.6 million in 2022, then surged by 571.34% to $17.7 million in 2023, then tumbled by 77.57% to $4.0 million in 2024, then decreased by 25.44% to $3.0 million in 2025, then tumbled by 4325.16% to -$124.9 million in 2026.
- The last three Operating Expenses figures came in at -$124.9 million (Q1 2026), $3.0 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | 16.17 Mn |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | 28.60 Mn |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 2.68 Mn |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | -250,034.00 |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | -17.49 Mn |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | 3.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -124.94 Mn |
| Dec 31, 2025 | 2.96 Mn |
| Sep 30, 2025 | 2.87 Mn |
| Jun 30, 2025 | 30.80 Mn |
| Mar 31, 2025 | 30.16 Mn |
| Dec 31, 2024 | 3.97 Mn |
| Sep 30, 2024 | 3.86 Mn |
| Jun 30, 2024 | 2.92 Mn |
| Mar 31, 2024 | 11.28 Mn |
| Dec 31, 2023 | 17.68 Mn |
| Sep 30, 2023 | 16.96 Mn |
| Jun 30, 2023 | 18.00 Mn |
| Mar 31, 2023 | 3.37 Mn |
| Dec 31, 2022 | 2.63 Mn |
| Sep 30, 2022 | 2.76 Mn |
| Jun 30, 2022 | 2.66 Mn |
| Mar 31, 2022 | 3.28 Mn |
| Dec 31, 2021 | 3.31 Mn |
| Sep 30, 2021 | 3.75 Mn |
| Jun 30, 2021 | 3.84 Mn |