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Ivanhoe Electric IE Operating Income

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Segments

By segment

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Santa Cruz Copper Project-$10.54M-94.2%
Critical Metals-$10.45M+47.9%
Energy Storage-$652K+7.8%
Data Processing$155K-72.2%

Other financials

Income statement

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Revenue$724.0K-32.2%
Gross profit$368.0K-52.5%
Net income-$24.7M-3.4%
EPS (diluted)$0.16-11.1%

Balance sheet

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Cash & equivalents$258.4M+189%
Total debt$36.6M+38.9%
Total equity$525.8M+79.3%
Total assets$584.8M+46.0%

Cash flow

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Operating cash flow-$20.0M+0.2%
CapEx$227.0K-81.9%
Free cash flow-$20.2M+5.0%

Valuation

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Market cap$1.69B+33.1%
Enterprise value$1.47B+21.7%
P/S560.3×+226×

Profitability

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Gross margin58.7%-6.8pp
Operating margin474.5%+253pp
Net margin-1,138.7%
FCF margin-3,532.1%+663pp

Returns & leverage

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Return on equity-8.4%
Debt / equity0.1×0.0×
Current ratio+1.2×

Where this comes from

Reported directly by Ivanhoe Electric in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Ivanhoe Electric’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:38 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001879016-26-000017
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Gain on divestment of Pinaya project(8,000)(8,000)
Reversal of provision for expected credit loss(5,000)
Impairment2,5552,555
Loss (income) from operations21,48025,635(75,276)52,639
Other expenses (income):
Interest (income) expense, net(243)1,2175862,747
Foreign exchange (gain) loss(116)452(762)464
Share of loss of equity method investees4,4262,2588,2017,247

Item 1. Condensed Interim Consolidated Financial Statements

FAQ

What is Ivanhoe Electric's operating income?
Ivanhoe Electric (IE) reported operating income of -$21.48M in Q2 2026.
How has Ivanhoe Electric's operating income changed year-over-year?
Ivanhoe Electric's operating income increased by 16.2% year-over-year, from -$25.64M to -$21.48M.
What is the long-term trend for Ivanhoe Electric's operating income?
Over 4 years (2021 to 2025), Ivanhoe Electric's operating income has grown at a 16.9% compound annual growth rate (CAGR), from -$60.75M to -$113.57M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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