The financials
Ivanhoe Electric Inc. by the numbers
Ivanhoe Electric Inc. (IE) reported revenue of $858K in Q1 2026 (quarter ended March 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 2024-Q3 was Data Processing at $671K, 50.0% of the disclosed total, just ahead of Data Processing at 50.0%.
| 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 | $671K | 50% |
| Data Processing | $671K | 50% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $858.0K (+57%)
Data Processing grew +17% year on year
Segment Latestquarter on quarteryear on year
- Data Processing$858.0K$858.0KQoQ +57%year on year +17%+57%+17%
- Critical Metals$0.00$0.00QoQ -year on year ---
- Energy Storage$0.00$0.00QoQ -year on year ---
- Santa Cruz Copper Project--QoQ -year on year ---
- Santa Cruz Project$0.00$0.00QoQ -year on year ---