Wheaton Precious Metals (WPM) Operating Expenses (2009 - 2026)

Wheaton Precious Metals (WPM) reported Operating Expenses of $76.9 million for Q1 2026, up 122130.97% year-over-year from N/an in Q1 2025, and up 69418.92% quarter-over-quarter from -$110867.3 in Q4 2025.

Wheaton Precious Metals (WPM) Operating Expenses (2009 - 2026) Analysis & Trends

Wheaton Precious Metals (WPM) has 18 years of Operating Expenses data on file, last reported at $76.9 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $76.9 million, up 122130.97% year-over-year; the trailing twelve-month figure through Mar 2026 was $76.9 million (up 35178.39% YoY), and the FY2025 annual result was $70291.7, down 99.98% from the prior year.
  • Operating Expenses rose to $76.9 million in Q1 2026 per WPM's latest filing, from -$110867.3 in the prior quarter.
  • Over five years, Operating Expenses peaked at $76.9 million in Q1 2026 and troughed at -$110867.3 in Q4 2025.
  • A 5-year average of $31.7 million and a median of $62874.4 in 2025 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses slumped 295.18% in 2025, then soared 122130.97% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $61.5 million in 2022, then sank by 99.91% to $57124.8 in 2023, then dropped by 0.57% to $56801.2 in 2024, then tumbled by 295.18% to -$110867.3 in 2025, then surged by 69418.92% to $76.9 million in 2026.
  • Business Quant data shows WPM's Operating Expenses at $76.9 million in Q1 2026, -$110867.3 in Q4 2025, and $55507.6 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -4.48 Mn
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 155.00 Mn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 76.85 Mn
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 19.40 Mn
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 83.10 Mn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 2.84 Bn
8 Equinox Gold 51.34 Bn 50.84 Bn - 300,000.00
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 999.00 Mn
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn -1.16 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 76.85 Mn
Dec 31, 2025 -110,867.28
Sep 30, 2025 55,507.65
Jun 30, 2025 62,084.60
Mar 31, 2025 62,874.41
Dec 31, 2024 56,801.20
Sep 30, 2024 47,661.67
Jun 30, 2024 50,526.20
Mar 31, 2024 74.14 Mn
Dec 31, 2023 57,124.83
Sep 30, 2023 41,056.76
Jun 30, 2023 64.69 Mn
Mar 31, 2023 55.10 Mn
Dec 31, 2022 61.52 Mn
Sep 30, 2022 64.09 Mn
Jun 30, 2022 75.37 Mn
Mar 31, 2022 66.81 Mn
Dec 31, 2021 67.88 Mn
Sep 30, 2021 62.91 Mn
Jun 30, 2021 79.21 Mn