The financials
Ivanhoe Electric Inc. by the numbers
Ivanhoe Electric Inc. (IE) reported revenue of $858K in Q1 2026 (quarter ended Mar 31, 2026), up 17% from the same quarter a year earlier. That came with a gross margin of 59% and net income of $81M (9485% of revenue). For the full year FY2025, revenue was $3.2M (+12% year on year) and net income −$125M. Its largest segment in Q4 2024 (quarter ended Dec 31, 2024) was Data Processing at $1.3M, 95% of the disclosed total, well ahead of Energy Storage at 5.3%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $858K | $735K | +17% |
| Gross profit | $505K | $442K | +14% |
| Operating income | $97M | −$27M | to a profit |
| Net income | $81M | −$34M | to a profit |
| Diluted EPS | −$0.26 | $0.24 | to a loss |
| Operating | Revenue | Share |
|---|---|---|
| Data Processing | $1.3M | 95% |
| Energy Storage | $70K | 5.3% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Jun 2026Total $724.0K (-16%)
Data Processing grew -32% year on year
Segment Latestquarter on quarteryear on year
- Data Processing$724.0K$724.0KQoQ -16%year on year -32%-16%-32%
- Critical Metals$0.00$0.00QoQ -year on year ---
- Energy Storage$0.00$0.00QoQ -year on year ---
- Santa Cruz Copper Project$0.00$0.00QoQ -year on year ---