U.S. Gold (USAU) Operating Expenses (2010 - 2026)
U.S. Gold (USAU) posted Operating Expenses of $5.3 million for Q1 2026, up 17.38% quarter-over-quarter from $4.6 million in Q4 2025, and up 5.04% year-on-year from $5.1 million in Q1 2025.
U.S. Gold (USAU) Operating Expenses (2010 - 2026) Analysis & Trends
U.S. Gold (USAU) has reported Operating Expenses for 17 consecutive years, with $5.3 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at $5.3 million, up 5.04% year-over-year; the trailing twelve-month figure through Jan 2026 was $16.7 million (up 50.46% YoY), and the FY2025 annual result was $13.0 million, up 79.21% from the prior year.
- Operating Expenses was $5.3 million for Q1 2026 at U.S. Gold, up from $4.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $5.3 million in Q1 2026 and troughed at $1.3 million in Q1 2024.
- Average Operating Expenses over 5 years is $3.0 million, with a median of $2.8 million recorded in 2022.
- Year-over-year, Operating Expenses slumped 50.84% in 2022 and surged 299.12% in 2025.
- Over 5 years, Operating Expenses stood at $2.1 million in 2022, then decreased by 16.37% to $1.8 million in 2023, then climbed by 21.38% to $2.1 million in 2024, then surged by 112.6% to $4.6 million in 2025, then increased by 17.38% to $5.3 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $5.3 million in Q1 2026, $4.6 million in Q4 2025, and $3.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 155.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | -7.01 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 2.84 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -19.25 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 89.82 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -1.16 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 9.20 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 83.10 Mn |
| 10 | U.S. Gold | 239.35 Mn | 239.35 Mn | - | 5.35 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 5.35 Mn |
| Oct 31, 2025 | 4.55 Mn |
| Jul 31, 2025 | 3.64 Mn |
| Apr 30, 2025 | 3.18 Mn |
| Jan 31, 2025 | 5.09 Mn |
| Oct 31, 2024 | 2.14 Mn |
| Jul 31, 2024 | 2.59 Mn |
| Apr 30, 2024 | 1.29 Mn |
| Jan 31, 2024 | 1.28 Mn |
| Oct 31, 2023 | 1.77 Mn |
| Jul 31, 2023 | 2.93 Mn |
| Apr 30, 2023 | 2.14 Mn |
| Jan 31, 2023 | 2.27 Mn |
| Oct 31, 2022 | 2.11 Mn |
| Jul 31, 2022 | 2.89 Mn |
| Apr 30, 2022 | 2.77 Mn |
| Jan 31, 2022 | 4.34 Mn |
| Oct 31, 2021 | 4.29 Mn |
| Jul 31, 2021 | 3.55 Mn |
| Apr 30, 2021 | 2.88 Mn |