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| Date | Value |
|---|---|
| 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 |