Trilogy Metals (TMQ) EBITDA (2022 - 2026)

Trilogy Metals' (TMQ) quarterly EBITDA came in at -$7.1 million in Q1 2026, down 94.95% year-on-year from -$139.8 million in Q1 2025, and down 211.28% quarter-over-quarter from $6.3 million in Q4 2025.

Trilogy Metals (TMQ) EBITDA (2022 - 2026) Analysis & Trends

Trilogy Metals has disclosed EBITDA across 5 years of filings, most recently posting -$7.1 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$7.1 million, down 94.95% year-over-year; the trailing twelve-month figure through Feb 2026 was -$4.6 million (up 46.1% YoY), and the FY2025 annual result was -$1.2 million, up 86.03% from the prior year.
  • EBITDA came in at -$7.1 million for Q1 2026 at Trilogy Metals, down from $6.3 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $6.3 million in Q4 2025 to a low of -$9.9 million in Q3 2022.
  • The 5-year median for EBITDA is -$3.0 million (2023), against an average of -$3.1 million.
  • Across the five-year window, EBITDA soared 487.96% in 2025 and slumped 94.95% in 2026, its largest moves.
  • Trilogy Metals' EBITDA stood at -$5.2 million in 2022, then surged by 42.09% to -$3.0 million in 2023, then surged by 45.9% to -$1.6 million in 2024, then jumped by 487.96% to $6.3 million in 2025, then sank by 211.28% to -$7.1 million in 2026.
  • The last three EBITDA figures came in at -$7.1 million (Q1 2026), $6.3 million (Q4 2025), and -$1.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (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 - 80.51 Mn
4 Ioneer 10.78 Bn 10.76 Bn - -
5 MP Materials 10.54 Bn 7.94 Bn 16.40 Mn -21.94 Mn
6 Iperionx 8.57 Bn 8.52 Bn - -
7 Materion 4.58 Bn 4.57 Bn 81.84 Mn 28.18 Mn
8 Sigma Lithium 4.36 Bn 4.36 Bn 25.57 Mn 37.35 Mn
9 Americas Gold & Silver 4.00 Bn 3.87 Bn 16.76 Mn 4.05 Mn
10 Trilogy Metals 656.82 Mn 609.04 Mn - -7.06 Mn

Historic Data

Download Data
DateValue
Feb 28, 2026 -7.06 Mn
Nov 30, 2025 6.35 Mn
Aug 31, 2025 -1.75 Mn
May 31, 2025 -2.18 Mn
Feb 28, 2025 -3.62 Mn
Nov 30, 2024 -1.64 Mn
Aug 31, 2024 -1.59 Mn
May 31, 2024 -1.76 Mn
Feb 29, 2024 -3.60 Mn
Nov 30, 2023 -3.02 Mn
Aug 31, 2023 -4.05 Mn
May 31, 2023 -2.80 Mn
Feb 28, 2023 -5.07 Mn
Nov 30, 2022 -5.22 Mn
Aug 31, 2022 -9.94 Mn