Triple Flag Precious Metals (TFPM) Operating Expenses (2021 - 2026)

Triple Flag Precious Metals (TFPM) reported Operating Expenses of -$20.1 million for Q1 2026, down 290.62% on a YoY basis from $10.6 million in Q1 2025, and up 7.49% quarter-over-quarter from -$21.8 million in Q4 2025.

Triple Flag Precious Metals (TFPM) Operating Expenses (2021 - 2026) Analysis & Trends

Triple Flag Precious Metals has reported Operating Expenses for 6 years, with the latest figure at -$20.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses fell 290.62% year-over-year to -$20.1 million; the trailing twelve-month figure through Mar 2026 stood at -$52.0 million (down 112.72% YoY), and the FY2025 full-year result was -$20.6 million, down 156.03% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$20.1 million, up from -$21.8 million in the prior quarter.
  • The five-year high for Operating Expenses was $22.3 million in Q4 2023, with the low at -$25.0 million in Q2 2024.
  • Historically, Operating Expenses has averaged -$2.2 million across 5 years, with a median of $3.3 million in 2022.
  • Annual changes were most pronounced in 2024 — Operating Expenses sank 355.95% — and 2025, when it soared 159.26%.
  • Triple Flag Precious Metals' Operating Expenses stood at $18.6 million in 2022, then grew by 19.65% to $22.3 million in 2023, then tumbled by 54.44% to $10.2 million in 2024, then plunged by 314.34% to -$21.8 million in 2025, then climbed by 7.49% to -$20.1 million in 2026.
  • The last three Operating Expenses figures came in at -$20.1 million (Q1 2026), -$21.8 million (Q4 2025), and -$20.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Triple Flag Precious Metals 37.84 Bn 37.77 Bn 77.21 Mn -20.15 Mn
2 Buenaventura Mining 10.77 Bn 10.77 Bn - -
3 Hecla Mining 9.72 Bn 9.11 Bn 253.26 Mn 30.15 Mn
4 Perpetua Resources 2.83 Bn 2.83 Bn - 56.56 Mn
5 Versamet Royalties 2.41 Bn 2.40 Bn - -
6 Metalla Royalty & Streaming 2.10 Bn 2.09 Bn 2.79 Mn 3.56 Mn
7 Sibanye Stillwater 1.84 Bn 838.91 Mn - 5.21 Mn
8 Avino Silver & Gold Mines 1.57 Bn 1.43 Bn - 2.92 Mn
9 Solaris Resources 1.41 Bn 1.39 Bn - 4.14 Mn
10 Platinum Group Metals 1.34 Bn 1.36 Bn - 2.33 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -20.15 Mn
Dec 31, 2025 -21.78 Mn
Sep 30, 2025 -20.32 Mn
Jun 30, 2025 10.27 Mn
Mar 31, 2025 10.57 Mn
Dec 31, 2024 10.16 Mn
Sep 30, 2024 -20.15 Mn
Jun 30, 2024 -25.02 Mn
Mar 31, 2024 -17.83 Mn
Dec 31, 2023 22.30 Mn
Sep 30, 2023 -7.11 Mn
Jun 30, 2023 9.77 Mn
Mar 31, 2023 -23.17 Mn
Dec 31, 2022 18.64 Mn
Sep 30, 2022 3.31 Mn
Jun 30, 2022 15.96 Mn
Mar 31, 2022 17.40 Mn
Dec 31, 2021 16.63 Mn
Sep 30, 2021 16.80 Mn