Saturday 17 October 2026 Export IE’s income statement to Excel — free account

Ivanhoe Electric Inc.

Ivanhoe Electric Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 million, up 11.8% from fiscal 2024. In the quarter to June 2026, revenue fell 32.2%, EPS grew 11.1%, free cash flow fell 88.0% and total debt fell 37.6%, each against the same quarter a year earlier.

8.63 0.10 −1.15%

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Market cap: $1.4B
P/E: 0.0×
Fwd P/E: −59.2×
Dividend yield: —
F-score: 6/9
Altman Z: 19.15
Beneish M: −3.52
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 4.30

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	1	6	—	—	—	—	—	—	—

Insider Ownership 26.37%

Capital & Financial Ratios $m

Market Cap 1,390.00

Revenue 3.02

Net Income (5.89)

Free Cash Flow (130.05)

Net Debt (223.24)

Current Ratio 5.05

Debt/Equity 0.07

P/E ratio 0.00

Fwd P/E (59.20)

P/S ratio 452.06

P/B ratio 2.58

Past 5Y EPS Growth —

This Y EPS Growth 92.27%

Next Y EPS Growth (761.14%)

Next Y revenue growth (4.25%)

Next 5Y EPS Growth (0.91%)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 70.53%

10-year low 10-year high

P/B against its own 10 years 15.26%

10-year low 10-year high

EV/Sales against its own 10 years 57.92%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	205	45	176	258
Receivables	3	22	1	8
Inventory	5	—	—	—
Other	—	—	—	—
	216	69	180	270

	2023	2024	2025	Q'26
Payables	20	11	16	16
ST’ Debt	—	—	34	35
Other	2	4	3	1
	40	33	54	53

Compound Annual Growth %

	10y	5y	3y
Sales	—	(6.88%)	(27.29%)
Cash Flow	—	0.00%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	54.13%	27.90%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1	1	—	—	—
’25	1	1	1	1	3
’24	0	1	1	1	3
’23	1	1	0	2	4
’22	7	0	1	0	8
’21	—	1	1	—	5
’20	—	—	—	—	5

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(42)	(20)	—	—	—
’25	(25)	(20)	(18)	(26)	(89)
’24	(50)	(45)	(37)	(31)	(162)
’23	(30)	(36)	(41)	(44)	(151)
’22	(15)	(30)	(35)	(37)	(116)
’21	—	(17)	(13)	(18)	(48)
’20	—	—	—	(23)	(23)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(44)	(43)	—	—	—
’25	(25)	(23)	(18)	(26)	(92)
’24	(51)	(45)	(47)	(32)	(176)
’23	(32)	(73)	(48)	(79)	(233)
’22	(19)	(51)	(43)	(47)	(160)
’21	—	(22)	(15)	(19)	(66)
’20	—	—	—	(25)	(40)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.26)	—	—	—	—
’25	—	—	—	(0.24)	—
’24	(0.46)	(0.39)	—	0.14	—
’23	(0.41)	(0.41)	(0.74)	(0.38)	—
’22	(0.28)	(0.85)	(0.43)	(0.41)	(1.91)
’21	—	(0.22)	(0.32)	—	(1.11)
’20	—	—	—	—	(0.50)

Fiscal quarters ending in the months shown.

value withheld pending a data check

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	7.01	9.66	6.31	4.50	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	15.53	16.75	12.98	17.90
People
People	Employees	—	—	—	—	—	89	244	244	240	286
	Revenue/emp, $m	—	—	—	0.00	0.00	0.05	0.03	0.02	0.01	0.01
Income, $m
Income, $m	Revenue	—	—	—	4	5	5	8	4	3	3
	Gross margin, %	—	—	—	51.87	61.47	67.33	62.86	23.49	64.91	65.29
	EBT	—	—	—	(29)	(29)	(68)	(160)	(217)	(140)	(125)
	EBT margin, %	—	—	—	(785.21)	(636.11)	(1,462.32)	(1,891.03)	(5,551.09)	(4,834.13)	(3,854.35)
	Net income	—	—	—	(29)	(30)	(69)	(160)	(216)	(140)	(125)
	Depreciation	—	—	—	4	4	4	4	3	3	3
Per share, $
Per share, $	Revenue	—	—	—	0.06	0.08	0.08	0.11	0.04	0.02	0.02
	Earnings	—	—	—	(0.48)	(0.50)	(1.11)	(1.91)	(1.95)	(1.07)	(0.79)
	Cash flow	—	—	—	(0.38)	(0.38)	(0.78)	(1.47)	(1.47)	(1.35)	(0.67)
	Capex	—	—	—	(0.07)	(0.28)	(0.30)	(0.57)	(0.80)	(0.11)	(0.02)
	Free cash flow	—	—	—	(0.45)	(0.66)	(1.08)	(2.04)	(2.27)	(1.46)	(0.68)
	Book value	—	—	—	0.00	0.81	0.45	2.58	3.67	2.33	3.17
	Shares, m	—	—	—	60	60	62	79	102	120	134
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	0.00	0.00	0.00	110.35	261.81	313.29	658.03
	P/B	—	—	—	14.18	14.18	14.18	4.60	2.72	3.24	5.04
	EV/Sales	—	—	—	0.00	0.00	0.00	96.96	235.48	329.65	621.54
	EV/FCF	—	—	—	(10.24)	(10.24)	(10.24)	(5.11)	(3.95)	(5.44)	(21.86)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	(23)	(23)	(48)	(116)	(151)	(162)	(89)
	Capex	—	—	—	(4)	(17)	(18)	(44)	(82)	(14)	(2)
	Free cash flow	—	—	—	(27)	(40)	(66)	(160)	(233)	(176)	(92)
Balance, $m
Balance, $m	Working capital	—	—	—	—	2	18	134	177	36	126
	Total debt	—	—	—	—	6	79	27	65	55	34
	Net debt	—	—	—	—	(3)	29	(113)	(140)	10	(143)
	Shareholders’ equity	—	—	—	—	49	28	202	376	280	424
Returns, %
Returns, %	ROA	—	—	—	0.00	(70.37)	(52.67)	(72.37)	(53.33)	(29.84)	(24.67)
	ROIC	—	—	—	0.00	(36.27)	(66.45)	(92.39)	(47.81)	(38.11)	(25.26)
	ROE	—	—	—	0.00	0.00	(155.07)	(130.12)	(68.90)	(39.17)	(30.08)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SCCO Southern Copper Corporation	$170.3B	29.3×	23.5×	+40.58% (above 0%: growing)	+64.75% (above 0%: growing)	+111.27% (above 0%: growing)	67.60%	61.16%	Compare
FCX Freeport-McMoRan Inc.	$100.7B	34.1×	26.2×	−7.29% (below 0%: shrinking)	+28.30% (above 0%: growing)	+1.07% (above 0%: growing)	31.10%	28.50%	Compare
HBM HudBay Minerals Inc	$10.8B	13.9×	14.4×	+17.69% (above 0%: growing)	+13.33% (above 0%: growing)	+4.51% (above 0%: growing)	42.61%	34.80%	Compare
ERO Ero Copper Corp.	$3.6B	12.2×	5.9×	+110.39% (above 0%: growing)	+35.06% (above 0%: growing)	+441.33% (above 0%: growing)	40.25%	35.04%	Compare
IE Ivanhoe Electric Inc.	$1.4B	— (loss-making)	— (loss-making)	−32.21% (below 0%: shrinking)	n/m	−88.00% (below 0%: shrinking)	50.83%	(2,966.85%)
Median of peers	$55.7B	21.6×	19.0×	+29.14%	+31.68%	+57.89%	41.43%	34.92%

All 5 Copper stocks →

Ivanhoe Electric Inc. (IE) key facts

Strength: Ivanhoe Electric Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 million, up 11.8% from fiscal 2024.
Ivanhoe Electric Inc. (IE) is a Copper company in the Basic Materials sector, listed on NYSE American.
As of October 16, 2026, IE traded at $8.63, a market capitalization of $1.4 billion.
Return on equity was −30.1% and debt-to-equity 0.07.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 19.15 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.