Vizsla Silver (VZLA) Operating Expenses (2021 - 2026)
Vizsla Silver's (VZLA) quarterly Operating Expenses came in at -$4.8 million in Q1 2026, down 299.08% YoY from $2.4 million in Q1 2025, and up 40.08% on a QoQ basis from -$8.1 million in Q4 2025.
Vizsla Silver (VZLA) Operating Expenses (2021 - 2026) Analysis & Trends
Vizsla Silver (VZLA) has 6 years of Operating Expenses data on file, last reported at -$4.8 million in Q1 2026.
- Quarterly Operating Expenses fell 299.08% year-over-year to -$4.8 million in Q1 2026, while the trailing twelve-month figure through Apr 2026 was -$13.7 million (down 143.43% YoY) and the FY2026 annual result came in at $32.4 million, up 89.79% from the prior year.
- Operating Expenses climbed to -$4.8 million in Q1 2026, from -$8.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $149.9 million in Q4 2024 to a low of -$8.1 million in Q4 2025.
- A 5-year average of $28.9 million and a median of $3.2 million in 2023 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2024 — Operating Expenses soared 4949.3% — and 2026, when it plunged 299.08%.
- Tracing VZLA's Operating Expenses over 5 years: stood at $1.9 million in 2022, then soared by 63.93% to $3.2 million in 2023, then soared by 4620.69% to $149.9 million in 2024, then plunged by 105.38% to -$8.1 million in 2025, then surged by 40.08% to -$4.8 million in 2026.
- The last three Operating Expenses figures came in at -$4.8 million (Q1 2026), -$8.1 million (Q4 2025), and -$774280.6 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bhp | 246.71 Bn | 217.26 Bn | - | - |
| 2 | Rio Tinto | 201.39 Bn | 191.89 Bn | - | - |
| 3 | Teck Resources | 33.63 Bn | 28.42 Bn | 1.21 Bn | -63.62 Mn |
| 4 | MP Materials | 10.73 Bn | 8.25 Bn | 36.20 Mn | 158.10 Mn |
| 5 | Almonty Industries | 5.37 Bn | 4.48 Bn | 18.87 Mn | 15.85 Mn |
| 6 | Materion | 4.82 Bn | 4.80 Bn | 104.34 Mn | 49.21 Mn |
| 7 | USA Rare Earth | 4.46 Bn | 4.46 Bn | -1.58 Mn | 44.73 Mn |
| 8 | Skeena Resources | 4.32 Bn | 3.89 Bn | - | 12.41 Mn |
| 9 | Evolution Metals & Technologies | 2.48 Bn | 2.48 Bn | -115,000.00 | 12.07 Mn |
| 10 | Vizsla Silver | 1.34 Bn | 914.68 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -4.83 Mn |
| Oct 31, 2025 | -8.07 Mn |
| Jul 31, 2025 | -774,280.62 |
| Apr 30, 2025 | 30.39 Mn |
| Jan 31, 2025 | 2.43 Mn |
| Oct 31, 2024 | 149.87 Mn |
| Jul 31, 2024 | 138.88 Mn |
| Apr 30, 2024 | 25.62 Mn |
| Jan 31, 2024 | 129.28 Mn |
| Oct 31, 2023 | 3.17 Mn |
| Jul 31, 2023 | 2.92 Mn |
| Apr 30, 2023 | -5.00 Mn |
| Jan 31, 2023 | 2.56 Mn |
| Oct 31, 2022 | 1.94 Mn |
| Jul 31, 2022 | 8.82 Mn |
| Apr 30, 2022 | 9.30 Mn |
| Jan 31, 2022 | 5.21 Mn |
| Oct 31, 2021 | 6.56 Mn |
| Jul 31, 2021 | 14.32 Mn |
| Apr 30, 2021 | -3.30 Mn |