U.S. GoldMining (USGOW) Operating Expenses (2022 - 2026)
U.S. GoldMining (USGOW) reported Operating Expenses of $2.0 million for Q1 2026, up 50.35% year-over-year from $1.3 million in Q1 2025, and down 2.57% quarter-over-quarter from $2.0 million in Q4 2025.
U.S. GoldMining (USGOW) Operating Expenses (2022 - 2026) Analysis & Trends
U.S. GoldMining (USGOW) has 5 years of Operating Expenses data on file, last reported at $2.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.0 million, up 50.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.8 million (down 14.53% YoY), and the FY2025 annual result was $7.1 million, down 19.96% from the prior year.
- Operating Expenses retreated to $2.0 million in Q1 2026 per USGOW's latest filing, from $2.0 million in the prior quarter.
- Over five years, Operating Expenses peaked at $8.9 million in Q4 2023 and troughed at $262552.0 in Q2 2022.
- A 5-year average of $2.2 million and a median of $1.7 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 802.24% in 2023, then plunged 42.46% in 2025.
- A 5-year view of Operating Expenses shows it stood at $482832.0 in 2022, then surged by 1752.62% to $8.9 million in 2023, then sank by 80.48% to $1.7 million in 2024, then increased by 16.58% to $2.0 million in 2025, then slipped by 2.57% to $2.0 million in 2026.
- Business Quant data shows USGOW's Operating Expenses at $2.0 million in Q1 2026, $2.0 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (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 | - | 15.97 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 209.01 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 157.04 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 44.65 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | -11.78 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 57.09 Mn |
| 10 | U.S. GoldMining | - | - | - | 1.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.98 Mn |
| Dec 31, 2025 | 2.04 Mn |
| Sep 30, 2025 | 2.84 Mn |
| Jun 30, 2025 | 926,884.00 |
| Mar 31, 2025 | 1.32 Mn |
| Dec 31, 2024 | 1.75 Mn |
| Sep 30, 2024 | 4.43 Mn |
| Jun 30, 2024 | 1.61 Mn |
| Mar 31, 2024 | 1.11 Mn |
| Nov 30, 2023 | 8.95 Mn |
| Aug 31, 2023 | 2.63 Mn |
| May 31, 2023 | 2.37 Mn |
| Mar 31, 2023 | 1.02 Mn |
| Aug 31, 2022 | 482,832.00 |
| May 31, 2022 | 262,552.00 |