McEwen Operating Expenses Growth & History (MUX)
McEwen's operating expenses was $44.9M for fiscal 2025.
View full McEwen company overviewMcEwen annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $44.9M | −$36.6M | −44.90% |
| 2024 | 2024-12-31 | $81.5M | −$98.3M | −54.68% |
| 2023 | 2023-12-31 | $179.8M | $85.0M | +89.52% |
| 2022 | 2022-12-31 | $94.9M | $37.1M | +64.17% |
| 2021 | 2021-12-31 | $57.8M | −$68.4M | −54.21% |
| 2020 | 2020-12-31 | $126.2M | $53.3M | +73.15% |
| 2019 | 2019-12-31 | $72.9M | −$6.4M | −8.04% |
| 2018 | 2018-12-31 | $79.3M | −$14.5M | −15.45% |
| 2017 | 2017-12-31 | $93.8M | $48.7M | +108.15% |
| 2016 | 2016-12-31 | $45.0M | −$77.2M | −63.17% |
| 2015 | 2015-12-31 | $122.3M | −$333.2M | −73.15% |
| 2014 | 2014-12-31 | $455.5M | $209.1M | +84.88% |
| 2013 | 2013-12-31 | $246.4M | $149.0M | +153.03% |
| 2012 | 2012-12-31 | $97.4M | — | — |
McEwen quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $12.4M | −$3.3M | −20.96% |
| Q1 2026 | 2026-03-31 | $20.6M | $2.9M | +16.27% |
| Q4 2025 | 2025-12-31 | $23.1M | $8.2M | +55.15% |
| Q3 2025 | 2025-09-30 | $16.2M | $2.3M | +16.88% |
| Q2 2025 | 2025-06-30 | $15.7M | −$9.0M | −36.63% |
| Q1 2025 | 2025-03-31 | $17.7M | −$10.3M | −36.73% |
| Q4 2024 | 2024-12-31 | $14.9M | −$45.5M | −75.33% |
| Q3 2024 | 2024-09-30 | $13.9M | −$18.7M | −57.36% |
| Q2 2024 | 2024-06-30 | $24.7M | −$14.8M | −37.53% |
| Q1 2024 | 2024-03-31 | $28.0M | −$19.3M | −40.79% |
| Q4 2023 | 2023-12-31 | $60.4M | $21.5M | +55.37% |
| Q3 2023 | 2023-09-30 | $32.6M | $15.5M | +90.84% |
| Q2 2023 | 2023-06-30 | $39.5M | $18.7M | +90.08% |
| Q1 2023 | 2023-03-31 | $47.3M | $29.2M | +160.97% |
| Q4 2022 | 2022-12-31 | $38.9M | $22.3M | +134.05% |
| Q3 2022 | 2022-09-30 | $17.1M | −$698,000 | −3.93% |
| Q2 2022 | 2022-06-30 | $20.8M | $7.8M | +59.96% |
| Q1 2022 | 2022-03-31 | $18.1M | $7.7M | +74.22% |
| Q4 2021 | 2021-12-31 | $16.6M | $7.7M | +86.03% |
| Q3 2021 | 2021-09-30 | $17.8M | $8.4M | +89.65% |
| Q2 2021 | 2021-06-30 | $13.0M | $747,000 | +6.09% |
| Q1 2021 | 2021-03-31 | $10.4M | −$85.3M | −89.13% |
| Q4 2020 | 2020-12-31 | $8.9M | −$16.7M | −65.17% |
| Q3 2020 | 2020-09-30 | $9.4M | −$10.0M | −51.68% |
| Q2 2020 | 2020-06-30 | $12.3M | −$3.6M | −22.76% |
| Q1 2020 | 2020-03-31 | $95.7M | $83.7M | +698.43% |
| Q4 2019 | 2019-12-31 | $25.6M | $4.4M | +20.82% |
| Q3 2019 | 2019-09-30 | $19.4M | −$1.8M | −8.58% |
| Q2 2019 | 2019-06-30 | $15.9M | −$2.3M | −12.73% |
| Q1 2019 | 2019-03-31 | $12.0M | −$33.7M | −73.78% |
| Q4 2018 | 2018-12-31 | $21.2M | −$12.3M | −36.74% |
| Q3 2018 | 2018-09-30 | $21.2M | $1.0M | +5.05% |
| Q2 2018 | 2018-06-30 | $18.2M | $460,000 | +2.59% |
| Q1 2018 | 2018-03-31 | $45.7M | $23.4M | +105.21% |
| Q4 2017 | 2017-12-31 | $33.6M | $17.6M | +110.28% |
| Q3 2017 | 2017-09-30 | $20.2M | $9.8M | +94.62% |
| Q2 2017 | 2017-06-30 | $17.7M | $9.8M | +124.86% |
| Q1 2017 | 2017-03-31 | $22.3M | $11.4M | +105.79% |
| Q4 2016 | 2016-12-31 | $16.0M | −$22.2M | −58.13% |
| Q3 2016 | 2016-09-30 | $10.4M | −$10.2M | −49.67% |
| Q2 2016 | 2016-06-30 | $7.9M | −$38.0M | −82.80% |
| Q1 2016 | 2016-03-31 | $10.8M | −$6.9M | −38.92% |
| Q4 2015 | 2015-12-31 | $38.1M | −$241.1M | −86.35% |
| Q3 2015 | 2015-09-30 | $20.6M | −$3.0M | −12.63% |
| Q2 2015 | 2015-06-30 | $45.8M | −$95.2M | −67.49% |
| Q1 2015 | 2015-03-31 | $17.7M | $6.0M | +51.51% |
| Q4 2014 | 2014-12-31 | $279.2M | $235.4M | +537.74% |
| Q3 2014 | 2014-09-30 | $23.6M | $3.0M | +14.45% |
| Q2 2014 | 2014-06-30 | $141.0M | −$9.1M | −6.06% |
| Q1 2014 | 2014-03-31 | $11.7M | −$20.2M | −63.31% |
| Q4 2013 | 2013-12-31 | $43.8M | $18.4M | +72.77% |
| Q3 2013 | 2013-09-30 | $20.6M | −$1.7M | −7.61% |
| Q2 2013 | 2013-06-30 | $150.1M | $124.6M | +487.80% |
| Q1 2013 | 2013-03-31 | $31.9M | $7.7M | +31.82% |
| Q4 2012 | 2012-12-31 | $25.3M | — | — |
| Q3 2012 | 2012-09-30 | $22.3M | — | — |
| Q2 2012 | 2012-06-30 | $25.5M | $12.1M | +90.47% |
| Q1 2012 | 2012-03-31 | $24.2M | — | — |
| Q2 2011 | 2011-06-30 | $13.4M | — | — |
McEwen operating expenses trends
Over the last five fiscal years, McEwen's operating expenses decreased from $126.2M to $44.9M, a change of −$81.3M. The latest reported quarter, Q2 2026, shows $12.4M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review McEwen source filings ↗