Ivanhoe Electric Inc. (IE) Financial Statements (2026 and earlier)

Company Profile

Business Address 450 E RIO SALADO PARKWAY
TEMPE, AZ 85281
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 10 - Metal Mining (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments88,05098,16340,97181,073133,811179,361
Cash and cash equivalent88,05098,16340,97181,073133,811179,361
Restricted cash and investments1,2402,4334,3385,998  
Receivables11,42611,37321,5692,7742,6184,319
Inventory, net of allowances, customer advances and progress billings     5,5075,313
Inventory     5,5075,313
Disposal group, including discontinued operation    11,161  
Other undisclosed current assets3,5712,2862,4083,7315,0702,853
Total current assets:104,287114,25569,286104,737147,006191,846
Noncurrent Assets
Property, plant and equipment10,55910,9209,6677,1068,9557,823
Other noncurrent assets2,0322,2853,4715,2445,6975,698
Other undisclosed noncurrent assets283,593286,928292,508258,341254,615255,789
Total noncurrent assets:296,184300,133305,646270,691269,267269,310
TOTAL ASSETS:400,471414,388374,932375,428416,273461,156
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:11,28210,77311,12114,50921,41122,294
Accounts payable   6,309   
Accrued liabilities   2,367   
Other undisclosed accounts payable and accrued liabilities11,28210,7732,44514,50921,41122,294
Deferred revenue     2,6912,480
Debt13,93613,16912,40916,09914,96213,817
Disposal group, including discontinued operation    4,655  
Other undisclosed current liabilities1,92913,2399,8866,6681,136623
Total current liabilities:27,14737,18133,41641,93140,20039,214
Noncurrent Liabilities
Long-term debt and lease obligation56,43355,76555,10566,51165,84065,228
Long-term debt, excluding current maturities56,43355,76555,10566,51165,84065,228
Liabilities, other than long-term debt6,1146,0965,9806,7357,1096,982
Deferred income tax liabilities4,3874,2584,0494,4624,4784,821
Other liabilities397383370593594580
Operating lease, liability1,3301,4551,5611,6802,0371,581
Total noncurrent liabilities:62,54761,86161,08573,24672,94972,210
Total liabilities:89,69499,04294,501115,177113,149111,424
Equity
Equity, attributable to parent293,337306,971268,641250,074289,155331,498
Common stock131312121212
Additional paid in capital880,756870,864802,032799,516795,502790,824
Accumulated other comprehensive loss(2,939)(3,264)(3,276)(2,420)(2,561)(2,323)
Accumulated deficit(584,493)(560,642)(530,127)(547,034)(503,798)(457,015)
Equity, attributable to noncontrolling interest17,4408,37511,79010,17713,96918,234
Total equity:310,777315,346280,431260,251303,124349,732
TOTAL LIABILITIES AND EQUITY:400,471414,388374,932375,428416,273461,156

Income Statement (P&L) ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
Revenues1,0687351,332671538360
Cost of revenue(294)(293)(470)(256)(192)(100)
Gross profit:774442862415346260
Operating expenses(26,409)(27,446)(30,557)(42,244)(48,892)(57,141)
Operating loss:(25,635)(27,004)(29,695)(41,829)(48,546)(56,881)
Nonoperating income (expense)138(618)50,79034(704)8
Gain (loss), foreign currency transaction, before tax(452)(12) 133(692)5
Other nonoperating income (expense)590(606) (99)(12)3
Interest and debt expense  (760)   (1,816)
Other undisclosed income from continuing operations before equity method investments, income taxes   3,427   
Income (loss) from continuing operations before equity method investments, income taxes:(25,497)(28,382)24,522(41,795)(49,250)(58,689)
Income (loss) from equity method investments(2,258)(4,989)57(4,260)(1,453)(3,012)
Income (loss) from continuing operations before income taxes:(27,755)(33,371)24,579(46,055)(50,703)(61,701)
Income tax expense (benefit)   (58)  26
Income (loss) from continuing operations:(27,755)(33,371)24,521(46,055)(50,703)(61,675)
Other undisclosed net income (loss)(1,217)(770)(6,051)(1,069)(818)1,580
Net income (loss):(28,972)(34,141)18,470(47,124)(51,521)(60,095)
Net income (loss) attributable to noncontrolling interest5,1213,626(1,562)3,8884,7384,584
Net income (loss) available to common stockholders, diluted:(23,851)(30,515)16,908(43,236)(46,783)(55,511)

Comprehensive Income ($ in thousands)

9/30/2025
Q3
6/30/2025
Q2
3/31/2025
Q1
12/31/2024
Q4
9/30/2024
Q3
6/30/2024
Q2
3/31/2024
Q1
Net income (loss):(28,972)(34,141)18,470(47,124)(51,521)(60,095)
Other comprehensive income (loss)50312(818)133(329)(392)
Comprehensive income (loss):(28,469)(34,129)17,652(46,991)(51,850)(60,487)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest4,9433,626(1,600)3,8964,8294,726
Comprehensive income (loss), net of tax, attributable to parent:(23,526)(30,503)16,052(43,095)(47,021)(55,761)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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