Trilogy Metals TMQ
NYSE TMQ
$3.50 +0.01 (+0.29%)
As of: Sep 9, 2026 · 3:59 PM EDT

Trilogy Metals (TMQ) Operating Expenses (2016 - 2026)

Trilogy Metals' (TMQ) quarterly Operating Expenses came in at $2.1 million in Q2 2026, up 28.69% year-over-year from $1.7 million in Q2 2025, and down 53.64% quarter-over-quarter from $4.6 million in Q1 2026.

Analysis

Trilogy Metals (TMQ) Operating Expenses (2016 - 2026) Analysis & Trends

Trilogy Metals has disclosed Operating Expenses across 11 years of filings, most recently posting $2.1 million for Q2 2026.

  • In Q2 2026, Operating Expenses rose 28.69% year-over-year to $2.1 million; the TTM figure through May 2026 stood at $11.3 million (up 49.4% YoY), while the FY2025 annual figure was $9.4 million, up 40.65% from the prior year.
  • Operating Expenses came in at $2.1 million for Q2 2026 at Trilogy Metals, down from $4.6 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.6 million in Q1 2026 to a low of $1.1 million in Q3 2024.
  • Average Operating Expenses over 5 years is $2.1 million, with a median of $1.5 million recorded in 2022.
  • Year-over-year, Operating Expenses slumped 37.45% in 2022 and soared 120.99% in 2025.
  • Over 5 years, Operating Expenses stood at $1.2 million in 2022, then increased by 3.32% to $1.2 million in 2023, then gained by 25.1% to $1.5 million in 2024, then soared by 120.99% to $3.4 million in 2025, then sank by 36.17% to $2.1 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $2.1 million in Q2 2026, $4.6 million in Q1 2026, and $3.4 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Southern Copper 174.97 Bn 167.64 Bn 2.90 Bn 1.67 Bn
2 Freeport-Mcmoran 109.93 Bn 105.85 Bn 2.19 Bn 5.03 Bn
3 Teck Resources 32.69 Bn 28.21 Bn 1.21 Bn -76.63 Mn
4 Carpenter Technology 22.96 Bn 22.57 Bn 268.90 Mn 62.00 Mn
5 Hudbay Minerals 11.39 Bn 10.34 Bn 269.00 Mn 39.10 Mn
6 Ero Copper 3.97 Bn 3.87 Bn 121.42 Mn -12.54 Mn
7 Almonty Industries 3.80 Bn 2.92 Bn 18.87 Mn 10.86 Mn
8 Nexa Resources 1.89 Bn 1.49 Bn 257.20 Mn -60.76 Mn
9 TMC the metals 1.86 Bn 1.76 Bn - 5.81 Mn
10 Trilogy Metals 606.74 Mn 606.74 Mn - 2.14 Mn
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 2.14 Mn
Feb 28, 2026 4.63 Mn
Nov 30, 2025 3.36 Mn
Aug 31, 2025 1.17 Mn
May 31, 2025 1.67 Mn
Feb 28, 2025 3.23 Mn
Nov 30, 2024 1.52 Mn
Aug 31, 2024 1.14 Mn
May 31, 2024 1.22 Mn
Feb 29, 2024 2.82 Mn
Nov 30, 2023 1.22 Mn
Aug 31, 2023 1.18 Mn
May 31, 2023 1.23 Mn
Feb 28, 2023 3.61 Mn
Nov 30, 2022 1.18 Mn
Aug 31, 2022 1.17 Mn
May 31, 2022 1.50 Mn
Feb 28, 2022 3.12 Mn
Nov 30, 2021 1.88 Mn
Aug 31, 2021 1.60 Mn