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
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