Vale S.A. (VALE) Operating Expenses (2009 - 2026)
Vale's (VALE) quarterly Operating Expenses came in at -$360.4 million in Q2 2026, down 24.4% year-over-year from -$476.7 million in Q2 2025, and down 27.72% quarter-over-quarter from -$282.2 million in Q1 2026.
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Vale S.A. (VALE) Operating Expenses (2009 - 2026) Analysis & Trends
Vale has disclosed Operating Expenses across 18 years of filings, most recently posting -$360.4 million for Q2 2026.
- In Q2 2026, Operating Expenses fell 24.4% year-over-year to -$360.4 million; the TTM figure through Jun 2026 stood at -$1.4 billion (down 5.09% YoY), while the FY2025 annual figure was -$1.4 billion, up 4.35% from the prior year.
- Operating Expenses came in at -$360.4 million for Q2 2026 at Vale, down from -$282.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of -$241.1 million in Q1 2022 to a low of -$469.6 million in Q4 2025.
- Average Operating Expenses over 5 years is -$324.9 million, with a median of -$305.5 million recorded in 2025.
- Year-over-year, Operating Expenses sank 199.71% in 2022 and grew 11.66% in 2025.
- Over 5 years, Operating Expenses stood at -$365.9 million in 2022, then declined by 3.12% to -$377.3 million in 2023, then fell by 22.9% to -$463.7 million in 2024, then dropped by 1.28% to -$469.6 million in 2025, then advanced by 23.27% to -$360.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$360.4 million in Q2 2026, -$282.2 million in Q1 2026, and -$469.6 million in Q4 2025.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -360.38 Mn |
| Mar 31, 2026 | -282.16 Mn |
| Dec 31, 2025 | -469.65 Mn |
| Sep 30, 2025 | -307.97 Mn |
| Jun 30, 2025 | -289.69 Mn |
| Mar 31, 2025 | -266.91 Mn |
| Dec 31, 2024 | -463.73 Mn |
| Sep 30, 2024 | -331.10 Mn |
| Jun 30, 2024 | -327.91 Mn |
| Mar 31, 2024 | -296.87 Mn |
| Dec 31, 2023 | -377.33 Mn |
| Sep 30, 2023 | -337.92 Mn |
| Jun 30, 2023 | -303.09 Mn |
| Mar 31, 2023 | -257.67 Mn |
| Dec 31, 2022 | -365.92 Mn |
| Sep 30, 2022 | -288.99 Mn |
| Jun 30, 2022 | -279.60 Mn |
| Mar 31, 2022 | -241.09 Mn |
| Dec 31, 2021 | -308.54 Mn |
| Sep 30, 2021 | -248.82 Mn |
API Access
Vale S.A. Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=VALE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "VALE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=VALE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();