Filing Flows › Ivanhoe Electric (IE) › Q2 2026
Ivanhoe Electric (IE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Ivanhoe Electric (IE) reported revenue of $724K for the second quarter 2026 (Q2 2026), -32% from a year earlier and -16% from the quarter before.
Ivanhoe Electric, Q2 2026: revenue $724K (-32% year over year), net loss $25.3M, operating cash flow −$20.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $724K | -16% | -32% |
| Operating profit | −$21.5M | -122% | — |
| Net earnings | −$25.3M | -161% | — |
| Operating cash flow | −$20.0M | — | — |
What changed
Revenue was $724K in Q2 2026, down 32% year over year and down 16% from the previous quarter.
Gross margin was 50.8%, down 21.6 points from Q2 2025. Operating costs exceeded revenue by $21.5M, an operating margin of -2966.9%. Operating expenses fell 17% while revenue fell 32%. The fastest-growing cost line was Research & development (+216%). The quarter ended with a net loss of $25.3M, after a profit of $81.4M the previous quarter. Minority interests bore $687K of it: to shareholders the quarter was a loss of $24.7M.
Operating cash flow was −$20.0M. Non-cash charges added back $503K of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $1.7M. Capital expenditures of $227K exceeded it, leaving free cash flow of −$20.2M.
Questions
What was Ivanhoe Electric's revenue in the second quarter 2026?
Ivanhoe Electric (IE) reported revenue of $724K for the second quarter 2026 (Q2 2026), -32% from a year earlier and -16% from the quarter before.
Source: Ivanhoe Electric 10-Q on SEC EDGAR.