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
DateValue
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