Western Uranium & Vanadium (WSTRF) Operating Expenses (2015 - 2026)
Western Uranium & Vanadium (WSTRF) reported Operating Expenses of $1.41 million for Q2 2026, down 29.6% from $2.01 million a year earlier.
Western Uranium & Vanadium (WSTRF) Operating Expenses (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Western Uranium & Vanadium's Operating Expenses came in at $6.42 million, down 35.2% year-over-year; for FY2025, it was $7.71 million, down 26.7% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 32.8% (FY2020 to FY2025).
- By year, Operating Expenses came in at $10.52 million in FY2024 (+90.3%), $5.53 million in FY2023 (+20.3%), $4.59 million in FY2022 (+101.0%) and $2.29 million in FY2021 (+22.3%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Expenses since Q3 2023.
- Year over year, Operating Expenses gained in three of the last seven quarters, with growth averaging 2.9%.
- The high point for year-over-year Operating Expenses in five years was Q1 2022 (growth of 334.7%); the low point was Q4 2025 (a decline of 47.3%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 35.67 Bn | 32.26 Bn | - | - |
| 2 | NexGen Energy | 5.05 Bn | 2.60 Bn | - | 5.44 Mn |
| 3 | Core Natural Resources | 4.44 Bn | 2.68 Bn | 252.03 Mn | 985.26 Mn |
| 4 | Warrior Met Coal | 4.44 Bn | 3.14 Bn | 169.64 Mn | 415.17 Mn |
| 5 | Uranium Energy | 3.90 Bn | 2.31 Bn | 10.03 Mn | 45.84 Mn |
| 6 | Alliance Resource Partners | 3.32 Bn | 3.01 Bn | 202.70 Mn | 455.98 Mn |
| 7 | Peabody Energy | 2.77 Bn | 577.49 Mn | - | 953.90 Mn |
| 8 | Centrus Energy | 2.23 Bn | -5.09 Bn | 49.90 Mn | 37.00 Mn |
| 9 | Alpha Metallurgical Resources | 2.15 Bn | 573.89 Mn | 49.19 Mn | 503.36 Mn |
| 10 | Western Uranium & Vanadium | 19.40 Mn | 2.62 Mn | - | 1.41 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.41 Mn |
| Dec 31, 2025 | 1.49 Mn |
| Sep 30, 2025 | 1.50 Mn |
| Jun 30, 2025 | 2.01 Mn |
| Mar 31, 2025 | 2.71 Mn |
| Dec 31, 2024 | 2.83 Mn |
| Sep 30, 2024 | 2.35 Mn |
| Jun 30, 2024 | 2.75 Mn |
| Mar 31, 2024 | 2.58 Mn |
| Dec 31, 2023 | 1.80 Mn |
| Sep 30, 2023 | 1.19 Mn |
| Jun 30, 2023 | 1.23 Mn |
| Mar 31, 2023 | 1.31 Mn |
| Dec 31, 2022 | 1.58 Mn |
| Sep 30, 2022 | 671,871.00 |
| Jun 30, 2022 | 1.01 Mn |
| Mar 31, 2022 | 1.33 Mn |
| Dec 31, 2021 | 723,033.00 |
| Sep 30, 2021 | 845,304.00 |
| Jun 30, 2021 | 411,323.00 |
Western Uranium & Vanadium 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=WSTRF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "WSTRF", "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=WSTRF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();