U.S. Gold (USAU) Operating Expenses (2010 - 2026)

U.S. Gold (USAU) reported Operating Expenses of $5.3 million for Q1 2026, up 5.04% on a YoY basis from $5.1 million in Q1 2025, and up 17.38% quarter-over-quarter from $4.6 million in Q4 2025.

U.S. Gold (USAU) Operating Expenses (2010 - 2026) Analysis & Trends

U.S. Gold has reported Operating Expenses for 17 years, with the latest figure at $5.3 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 5.04% year-over-year to $5.3 million; the trailing twelve-month figure through Jan 2026 stood at $16.7 million (up 50.46% YoY), and the FY2025 full-year result was $13.0 million, up 79.21% from the prior year.
  • Operating Expenses for Q1 2026 stood at $5.3 million, up from $4.6 million in the prior quarter.
  • The five-year high for Operating Expenses was $5.3 million in Q1 2026, with the low at $1.3 million in Q1 2024.
  • Historically, Operating Expenses has averaged $3.0 million across 5 years, with a median of $2.8 million in 2022.
  • Annual changes were most pronounced in 2022 — Operating Expenses plunged 50.84% — and 2025, when it soared 299.12%.
  • U.S. Gold's Operating Expenses stood at $2.1 million in 2022, then declined by 16.37% to $1.8 million in 2023, then rose by 21.38% to $2.1 million in 2024, then surged by 112.6% to $4.6 million in 2025, then advanced by 17.38% to $5.3 million in 2026.
  • The last three Operating Expenses figures came in at $5.3 million (Q1 2026), $4.6 million (Q4 2025), and $3.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -4.48 Mn
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 155.00 Mn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 76.85 Mn
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 19.40 Mn
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 83.10 Mn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 2.84 Bn
8 Equinox Gold 47.64 Bn 47.14 Bn - 300,000.00
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 999.00 Mn
10 U.S. Gold 210.79 Mn 210.79 Mn - 5.35 Mn

Historic Data

Download Data
DateValue
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