IE · XBRL financial data
Ivanhoe Electric financial statements, every fiscal year
The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (IE's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Revenue from contracts with customers | 8,440 | 3,903 | 2,901 | 3,244 |
| Cost of revenue | 3,135 | 2,986 | 1,018 | 1,126 |
| Gross profit | 5,305 | 917 | 1,883 | 2,118 |
| Research and development | 5,040 | 6,120 | 2,853 | 275 |
| General and administrative | 26,971 | 48,204 | 44,740 | 39,242 |
| Operating income (loss) | (132,165) | (180,402) | (176,951) | (113,571) |
| Interest expense | 972 | 3,707 | 2,899 | 2,796 |
| Other income (expense) | (1,013) | 2,344 | 108 | (1,220) |
| Income tax expense (benefit) | 618 | (584) | 32 | 12 |
| Net income (loss) | — | (199,377) | (128,622) | (105,874) |
| Earnings per share, basic USD per share | 1.91 | 1.95 | 1.07 | 0.79 |
| Earnings per share, diluted USD per share | 1.91 | 1.95 | 1.07 | 0.79 |
| Weighted average shares, basic thousands of shares | 78,528 | 102,492 | 120,378 | 133,583 |
| Weighted average shares, diluted thousands of shares | 78,528 | 102,492 | 120,378 | 133,583 |
Balance sheet
CSVFiscal years (IE's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | 139,660 | 205,043 | 40,971 | 173,263 |
| Accounts receivable | 1,497 | 1,041 | 762 | 14 |
| Inventory | 5,648 | 5,013 | 0 | — |
| Prepaid and other current assets | — | — | — | 3,394 |
| Total current assets | 151,031 | 216,486 | 69,286 | 180,193 |
| Property and equipment, net | 3,934 | 6,645 | 9,667 | 9,289 |
| Total assets | 260,486 | 487,226 | 374,932 | 483,273 |
| Accrued liabilities | 6,666 | 3,481 | 2,367 | 6,465 |
| Total current liabilities | 17,432 | 39,723 | 33,416 | 53,875 |
| Lease liability, non-current | 403 | 1,199 | 1,561 | 1,079 |
| Total liabilities | 58,039 | 110,945 | 94,501 | 59,705 |
| Accumulated deficit | (202,128) | (401,504) | (530,127) | (636,001) |
| Total stockholders' equity | 206,375 | 374,251 | 268,641 | 416,112 |
| Total liabilities and equity | 260,486 | 487,226 | 374,932 | 483,273 |
| Common shares outstanding (cover page) thousands of shares | 92,972 | 120,306 | 132,565 | 157,423 |
Cash flows
CSVFiscal years (IE's year ends in late December)
| In thousands of dollars | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|
| Net income (loss) | — | (199,377) | (128,622) | (105,874) |
| Stock-based compensation | 4,833 | 20,963 | 14,964 | 11,657 |
| Depreciation and amortization | 4,211 | 2,640 | 2,703 | 2,951 |
| Net cash from operating activities | (115,734) | (150,515) | (162,096) | (89,200) |
| Purchases of property and equipment | 8,506 | 1,578 | 2,930 | 1,203 |
| Net cash from investing activities | (48,384) | (150,766) | (14,470) | 4,587 |
| Proceeds from issuing common stock | 158,050 | 319,622 | 0 | 231,129 |
| Net cash from financing activities | 254,410 | 366,454 | 18,895 | 214,722 |
| Net change in cash | 89,810 | 65,383 | (159,734) | 130,964 |
Compare with peers
SIC 1000 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 1000 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($K) | Revenue, quarter ($K) | Operating cash flow, quarter ($K) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Ivanhoe Electric | 256,878 | 724 | (19,965)* | 159.6M | 12.9 quarters | 10-QJun 30, 2026 |
| USA Rare Earth | 1,530,147 | 5,821 | (56,868)* | 244.7M | 26.9 quarters | 10-QJun 30, 2026 |
| Niocorp Developments | 415,004 | not reported | (4,011)* | 145.8M | 103.5 quarters | 10-KJun 30, 2026 |
| Lithium Americas | 822,782 | not reported | (5,569)* | 363.0M | 147.7 quarters | 10-QJun 30, 2026 |
| TMC the metals | 98,655 | not reported | (20,100)* | 441.1M | 4.9 quarters | 10-QJun 30, 2026 |
| Dakota Gold | 99,296 | not reported | (7,357)* | 134.2M | 13.5 quarters | 10-QJun 30, 2026 |
| Cleveland-Cliffs | 77,000 | 5,612,000 | 224,000* | 570.6M | — | 10-QSep 30, 2026 |
| U.S. Gold | 27,115 | not reported | (3,541) | 16.5M | 7.7 quarters | 10-QJul 31, 2026 |
| MP Materials | 429,075 | 108,490 | 6,848* | 178.1M | — | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.