Western Copper & Gold (WRN) Operating Expenses (2015 - 2026)
Western Copper & Gold (WRN) recorded quarterly Operating Expenses of $2.1 million in Q1 2026, up 101.6% quarter-over-quarter from $1.1 million in Q4 2025, and up 46.9% on a YoY basis from $1.5 million in Q1 2025.
Western Copper & Gold (WRN) Operating Expenses (2015 - 2026) Analysis & Trends
Western Copper & Gold's Operating Expenses history runs 12 years deep, the most recent figure standing at $2.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 46.9% year-over-year to $2.1 million; the TTM figure through Mar 2026 stood at $6.0 million (down 12.03% YoY), while the FY2025 annual figure was $5.4 million, down 22.39% from the prior year.
- Operating Expenses was $2.1 million for Q1 2026 at Western Copper & Gold, up from $1.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $2.4 million in Q2 2024 to a low of $823027.9 in Q2 2023.
- Historically, Operating Expenses has averaged $1.3 million across 5 years, with a median of $1.3 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses surged 188.73% in 2024, then slumped 37.42% in 2025.
- A 5-year view of Operating Expenses shows it stood at $1.1 million in 2022, then fell by 14.15% to $934451.1 in 2023, then soared by 71.21% to $1.6 million in 2024, then tumbled by 33.55% to $1.1 million in 2025, then surged by 101.6% to $2.1 million in 2026.
- The last three Operating Expenses figures came in at $2.1 million (Q1 2026), $1.1 million (Q4 2025), and $1.3 million (Q3 2025), per Business Quant data.
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 | Western Copper & Gold | 18,084.30 | 18,084.30 | - | 2.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.14 Mn |
| Dec 31, 2025 | 1.06 Mn |
| Sep 30, 2025 | 1.33 Mn |
| Jun 30, 2025 | 1.49 Mn |
| Mar 31, 2025 | 1.46 Mn |
| Dec 31, 2024 | 1.60 Mn |
| Sep 30, 2024 | 1.42 Mn |
| Jun 30, 2024 | 2.38 Mn |
| Mar 31, 2024 | 1.65 Mn |
| Dec 31, 2023 | 934,451.12 |
| Sep 30, 2023 | 1.07 Mn |
| Jun 30, 2023 | 823,027.93 |
| Mar 31, 2023 | 977,478.42 |
| Dec 31, 2022 | 1.09 Mn |
| Sep 30, 2022 | 867,366.36 |
| Jun 30, 2022 | 1.05 Mn |
| Mar 31, 2022 | 1.34 Mn |
| Dec 31, 2021 | 1.13 Mn |
| Sep 30, 2021 | 1.14 Mn |
| Jun 30, 2021 | 993,149.89 |