Filing Flows › Ivanhoe Electric (IE) › Q1 2026
Ivanhoe Electric (IE) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
Ivanhoe Electric (IE) reported revenue of $858K for the first quarter 2026 (Q1 2026), +17% from a year earlier and -4% from the quarter before.
Ivanhoe Electric, Q1 2026: revenue $858K (+17% year over year), net earnings $41.7M, operating cash flow −$42.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $858K | -4% | +17% |
| Gross profit | $505K | -19% | +14% |
| Operating profit | $96.8M | — | — |
| Net earnings | $41.7M | — | — |
| Operating cash flow | −$42.3M | — | — |
What changed
Revenue was $858K in Q1 2026, up 17% year over year and down 4% from the previous quarter.
Gross margin was 58.9%, down 1.3 points from Q1 2025. Operating profit was $96.8M, a 11276.9% margin (up 14950.9 points year over year). Net earnings were $41.7M. The effective tax rate was 13.0%.
Operating cash flow was −$42.3M. Non-cash charges added back $564K of depreciation and amortization and $2.6M of share-based compensation. Working capital and other items used $126.8M. Capital expenditures of $597K exceeded it, leaving free cash flow of −$42.9M.
Questions
What was Ivanhoe Electric's revenue in the first quarter 2026?
Ivanhoe Electric (IE) reported revenue of $858K for the first quarter 2026 (Q1 2026), +17% from a year earlier and -4% from the quarter before.
Source: Ivanhoe Electric 10-Q on SEC EDGAR.