Trilogy Metals Operating Expenses Growth & History (TMQ)
Trilogy Metals's operating expenses was $9.4M for fiscal 2025.
View full Trilogy Metals company overviewTrilogy Metals annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | $9.4M | $2.7M | +40.96% |
| 2024 | 2024-11-30 | $6.7M | −$518,000 | −7.18% |
| 2023 | 2023-11-30 | $7.2M | $289,000 | +4.17% |
| 2022 | 2022-11-30 | $6.9M | −$1.7M | −19.63% |
| 2021 | 2021-11-30 | $8.6M | −$3.5M | −29.17% |
| 2020 | 2020-11-30 | $12.2M | −$16.2M | −57.18% |
| 2019 | 2019-11-30 | $28.4M | $6.5M | +29.57% |
| 2018 | 2018-11-30 | $21.9M | $3.0M | +15.81% |
| 2017 | 2017-11-30 | $18.9M | $10.0M | +112.27% |
| 2016 | 2016-11-30 | $8.9M | −$240,000 | −2.62% |
| 2015 | 2015-11-30 | $9.2M | −$492,000 | −5.10% |
| 2014 | 2014-11-30 | $9.7M | −$14.8M | −60.51% |
| 2013 | 2013-11-30 | $24.4M | −$6.6M | −21.32% |
| 2012 | 2012-11-30 | $31.1M | $20.7M | +199.71% |
| 2011 | 2011-11-30 | $10.4M | — | — |
Trilogy Metals quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | $2.1M | $463,000 | +27.79% |
| Q1 2026 | 2026-02-28 | $4.7M | — | — |
| Q4 2025 | 2025-11-30 | $3.4M | — | — |
| Q3 2025 | 2025-08-31 | $1.2M | — | — |
| Q2 2025 | 2025-05-31 | $1.7M | — | — |
| Q2 2023 | 2023-05-31 | $1.2M | −$270,000 | −18.04% |
| Q1 2023 | 2023-02-28 | $3.6M | $491,000 | +15.76% |
| Q4 2022 | 2022-11-30 | $1.1M | −$732,000 | −38.96% |
| Q3 2022 | 2022-08-31 | $1.2M | −$430,000 | −26.94% |
| Q2 2022 | 2022-05-31 | $1.5M | −$221,000 | −12.86% |
| Q1 2022 | 2022-02-28 | $3.1M | −$308,000 | −9.00% |
| Q4 2021 | 2021-11-30 | $1.9M | −$1.2M | −39.64% |
| Q3 2021 | 2021-08-31 | $1.6M | −$510,000 | −24.22% |
| Q2 2021 | 2021-05-31 | $1.7M | −$752,000 | −30.45% |
| Q1 2021 | 2021-02-28 | $3.4M | −$1.1M | −23.51% |
| Q4 2020 | 2020-11-30 | $3.1M | −$3.5M | −52.95% |
| Q3 2020 | 2020-08-31 | $2.1M | −$10.6M | −83.38% |
| Q2 2020 | 2020-05-31 | $2.5M | −$2.2M | −46.98% |
| Q1 2020 | 2020-02-29 | $4.5M | $17,000 | +0.38% |
| Q4 2019 | 2019-11-30 | $6.6M | $1.2M | +21.71% |
| Q3 2019 | 2019-08-31 | $12.7M | $2.6M | +26.18% |
| Q2 2019 | 2019-05-31 | $4.7M | $1.0M | +28.84% |
| Q1 2019 | 2019-02-28 | $4.5M | $1.6M | +57.64% |
| Q4 2018 | 2018-11-30 | $5.4M | −$560,000 | −9.34% |
| Q3 2018 | 2018-08-31 | $10.0M | $1.3M | +15.52% |
| Q2 2018 | 2018-05-31 | $3.6M | $1.1M | +46.46% |
| Q1 2018 | 2018-02-28 | $2.8M | $1.1M | +59.68% |
| Q4 2017 | 2017-11-30 | $6.0M | $4.0M | +202.68% |
| Q3 2017 | 2017-08-31 | $8.7M | $4.8M | +121.90% |
| Q2 2017 | 2017-05-31 | $2.5M | $991,000 | +67.05% |
| Q1 2017 | 2017-02-28 | $1.8M | $230,000 | +14.93% |
| Q4 2016 | 2016-11-30 | $2.0M | $79,000 | +4.15% |
| Q3 2016 | 2016-08-31 | $3.9M | −$54,000 | −1.36% |
| Q2 2016 | 2016-05-31 | $1.5M | −$276,000 | −15.74% |
| Q1 2016 | 2016-02-29 | $1.5M | $11,000 | +0.72% |
| Q4 2015 | 2015-11-30 | $1.9M | −$127,000 | −6.26% |
| Q3 2015 | 2015-08-31 | $4.0M | $1.1M | +36.40% |
| Q2 2015 | 2015-05-31 | $1.8M | −$339,000 | −16.20% |
| Q1 2015 | 2015-02-28 | $1.5M | −$1.1M | −41.51% |
| Q4 2014 | 2014-11-30 | $2.0M | −$2.9M | −58.89% |
| Q3 2014 | 2014-08-31 | $2.9M | −$4.0M | −57.82% |
| Q2 2014 | 2014-05-31 | $2.1M | −$3.9M | −64.86% |
| Q1 2014 | 2014-02-28 | $2.6M | −$4.0M | −60.60% |
| Q4 2013 | 2013-11-30 | $4.9M | −$2.9M | −37.13% |
| Q3 2013 | 2013-08-31 | $6.9M | −$5.7M | −45.12% |
| Q2 2013 | 2013-05-31 | $6.0M | −$3.8M | −38.99% |
| Q1 2013 | 2013-02-28 | $6.6M | $5.8M | +667.63% |
| Q4 2012 | 2012-11-30 | $7.8M | — | — |
| Q3 2012 | 2012-08-31 | $12.6M | — | — |
| Q2 2012 | 2012-05-31 | $9.8M | — | — |
| Q1 2012 | 2012-02-29 | $865,000 | — | — |
Trilogy Metals operating expenses trends
Over the last five fiscal years, Trilogy Metals's operating expenses decreased from $12.2M to $9.4M, a change of −$2.7M. The latest reported quarter, Q2 2026, shows $2.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Trilogy Metals source filings ↗Community posts
Trilogy closes US investment supporting Alaska copper projects
Trilogy Metals ($TMQ) completed a $35.6 million strategic investment transaction involving the US government and South32 ($S32). The government obtains a 10% stake in Trilogy, while proceeds received by Trilogy and South32 are committed to ...