Western Uranium & Vanadium (WSTRF) Operating Expenses (2015 - 2025)
Western Uranium & Vanadium (WSTRF) posted quarterly Operating Expenses of $1.5 million for Q4 2025, down 47.29% year-over-year from $2.8 million in Q4 2024, and down 0.55% quarter-over-quarter from $1.5 million in Q3 2025.
Western Uranium & Vanadium (WSTRF) Operating Expenses (2015 - 2025) Analysis & Trends
Western Uranium & Vanadium (WSTRF) has reported Operating Expenses for 11 consecutive years, with $1.5 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Operating Expenses fell 47.29% year-over-year to $1.5 million; the TTM figure through Dec 2025 stood at $7.7 million (down 26.69% YoY), while the FY2025 annual figure was $7.7 million, down 26.69% from the prior year.
- Operating Expenses retreated to $1.5 million in Q4 2025 per WSTRF's latest filing, from $1.5 million in the prior quarter.
- Across five years, Operating Expenses topped out at $2.8 million in Q4 2024 and bottomed at $305427.0 in Q1 2021.
- Historically, Operating Expenses has averaged $1.5 million across 5 years, with a median of $1.4 million in 2022.
- Annual changes were most pronounced in 2021 — Operating Expenses plunged 57.92% — and 2022, when it soared 334.69%.
- Western Uranium & Vanadium's Operating Expenses stood at $723033.0 in 2021, then surged by 119.0% to $1.6 million in 2022, then grew by 13.54% to $1.8 million in 2023, then surged by 57.45% to $2.8 million in 2024, then plunged by 47.29% to $1.5 million in 2025.
- Business Quant data shows WSTRF's Operating Expenses at $1.5 million in Q4 2025, $1.5 million in Q3 2025, and $2.0 million in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 44.10 Bn | 42.67 Bn | 218.02 Mn | 98.58 Mn |
| 2 | NexGen Energy | 7.12 Bn | 7.12 Bn | - | 301,459.84 |
| 3 | Uranium Energy | 6.10 Bn | 5.61 Bn | - | 40.79 Mn |
| 4 | Energy Fuels | 3.80 Bn | 2.86 Bn | 14.42 Mn | 55.68 Mn |
| 5 | Centrus Energy | 3.65 Bn | 1.78 Bn | 49.90 Mn | 37.00 Mn |
| 6 | Denison Mines | 3.14 Bn | -451.59 Bn | - | -1.06 Mn |
| 7 | IsoEnergy | 712.01 Mn | 623.18 Mn | - | 769,709.38 |
| 8 | Uranium Royalty | 617.84 Mn | 517.84 Mn | 3.43 Mn | -549,074.11 |
| 9 | Ur-Energy | 546.50 Mn | 447.49 Mn | 1.89 Mn | 20.33 Mn |
| 10 | Western Uranium & Vanadium | 27.66 Mn | 24.14 Mn | - | 1.41 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 305,427.00 |