Hycroft Mining Holding Corporation Warrants (HYMCL) Financials
Newest figures come from the 10-Q for Q1 FY2026, filed Apr 28, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HYMCL SEC filings page.
This page shows Hycroft Mining Holding Corporation Warrants (HYMCL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 8 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financing-led balance-sheet change improved FY2025’s position, while operating cash consumption remained the central business constraint.
The apparent balance-sheet reset was financing-led: financing cash flow reached$205.9M as liabilities fell71.6% , rather than because operations generated cash. Meanwhile, operating cash flow became more negative while net loss narrowed, showing that reported earnings improvement did not translate into better cash conversion.
The capital structure shifted sharply: long-term debt was
Capital spending was only
Financial Health Signals
Hycroft Mining Holding Corporation Warrants does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Hycroft Mining Holding Corporation Warrants passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass.
Hycroft Mining Holding Corporation Warrants reported a net loss of $40.7M while operations used $82.9M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Hycroft Mining Holding Corporation Warrants reported an operating loss of $44.5M against $11.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Hycroft Mining Holding Corporation Warrants's EBITDA was -$49.7M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Hycroft Mining Holding Corporation Warrants reported a net loss of $48.3M in Q1 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Hycroft Mining Holding Corporation Warrants earned -$0.54 per diluted share (EPS) in Q1 2026.
Not reported for Q1 2026.
Cash & Balance Sheet
Hycroft Mining Holding Corporation Warrants recorded an outflow of $31.9M in free cash flow in Q1 2026, representing a cash shortfall after capex. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. The change from the prior quarter is not meaningful, because that quarter’s figure was zero or negative.
Hycroft Mining Holding Corporation Warrants held $189.0M in cash as of Q1 2026; no long-term debt figure is on record for that period.
Not reported for Q1 2026.
Margins & Returns
Hycroft Mining Holding Corporation Warrants's quarterly ROE was -21.6% in Q1 2026: one quarter's net income over shareholder equity, not annualized.
Not reported for Q1 2026.
Not reported for Q1 2026.
Not reported for Q1 2026.
Capital Allocation
Hycroft Mining Holding Corporation Warrants invested $9.7M in research and development in Q1 2026. This represents an increase of 221.8% from the same quarter a year earlier.
Hycroft Mining Holding Corporation Warrants invested $576K in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 236.8% from the same quarter a year earlier. Against the prior quarter it is up 392.3%.
Not reported for Q1 2026.
HYMCL Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| R&D Expenses | $9.7M+221.8% | N/A | $4.0M-14.1% | $2.3M-53.6% | $3.0M-38.8% | N/A | $4.7M-35.2% | $5.1M-4.5% |
| SG&A Expenses | $34.2M+1064.8% | N/A | $2.6M-41.8% | $3.5M-11.0% | $2.9M+0.7% | N/A | $4.4M+59.3% | $3.9M+5.4% |
| Operating Income | -$50.1Mn/m | N/A | -$7.3Mn/m | -$9.3Mn/m | -$9.2Mn/m | N/A | -$11.7Mn/m | -$10.5Mn/m |
| EBITDA | -$49.7Mn/m | N/A | -$6.8Mn/m | -$8.8Mn/m | -$8.7Mn/m | N/A | -$11.2Mn/m | -$9.9Mn/m |
| Interest Expense | $0-100.0% | N/A | $3.6M+8.3% | $3.5M+8.1% | $3.4M-66.5% | N/A | $3.3M-29.9% | $3.2M-29.8% |
| Income Tax | $0n/m | N/A | N/A | N/A | $0n/m | N/A | $0n/m | N/A |
| Net Income | -$48.3Mn/m | N/A | -$9.4Mn/m | -$11.7Mn/m | -$11.8Mn/m | N/A | -$14.2Mn/m | -$13.2Mn/m |
| EPS (Basic) | -$0.54 | N/A | -$0.22 | -$0.43n/m | -$0.47n/m | N/A | -$0.59 | -$0.57 |
| EPS (Diluted) | -$0.54 | N/A | -$0.22 | -$0.43n/m | -$0.47n/m | N/A | -$0.59 | -$0.57 |
| Diluted Shares (Avg) | 90M | N/A | 42M | 28M+20.0% | 25M+19.9% | N/A | 24M | 23M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit.
HYMCL Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $269.9M+108.7% | $263.0M+87.7% | $230.6M+54.7% | $162.1M+4.3% | $129.3M-15.2% | $140.1M-30.5% | $149.0M-29.6% | $155.5M-30.2% |
| Current Assets | $194.2M+341.3% | $187.5M+243.4% | $145.4M+126.8% | $74.8M+11.3% | $44.0M-32.8% | $54.6M-51.9% | $64.1M-44.5% | $67.2M-46.7% |
| Cash & Equivalents | $189.0M+376.2% | $181.7M+266.7% | $139.1M+149.1% | $68.8M+17.5% | $39.7M-31.1% | $49.6M-53.3% | $55.8M-47.8% | $58.5M-50.0% |
| Inventory | $1.5M+12.4% | $1.4M+4.6% | $1.3M-8.9% | $1.3M-25.9% | $1.3M-23.8% | $1.4M-26.2% | $1.4M-48.6% | $1.8M-36.6% |
| Total Liabilities | $46.1M-73.5% | $49.3M-71.6% | $183.1M+6.4% | $177.4M+7.4% | $173.8M+9.5% | $173.6M-8.2% | $172.2M-9.0% | $165.2M-10.8% |
| Current Liabilities | $4.2M+54.5% | $7.7M+33.5% | $7.6M-20.3% | $2.9M-68.5% | $2.7M-54.7% | $5.8M-50.7% | $9.6M+13.3% | $9.2M+31.6% |
| Non-Current Liabilities | $41.9M-75.5% | $41.6M-75.2% | $175.5M+7.9% | $174.5M+11.9% | $171.1M+12.0% | $167.8M-5.4% | $162.6M-10.1% | $156.0M-12.4% |
| Long-Term Debt | N/A | $0-100.0% | $134.2M+9.9% | $131.0M+9.9% | $127.9M+9.9% | $124.9M-12.4% | $122.0M-12.9% | $119.2M-13.3% |
| Total Equity | $223.8Mn/m | $213.7Mn/m | $47.5Mn/m | -$15.3Mn/m | -$44.5Mn/m | -$33.4M-364.0% | -$23.1M-202.5% | -$9.7M-125.9% |
| Retained Earnings | -$875.0Mn/m | -$826.7Mn/m | -$818.9Mn/m | -$809.6Mn/m | -$797.8Mn/m | -$786.1Mn/m | -$773.3Mn/m | -$759.1Mn/m |
Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments, Goodwill.
HYMCL Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$31.3Mn/m | -$60.7Mn/m | -$3.4Mn/m | -$9.0Mn/m | -$9.7Mn/m | -$8.1Mn/m | -$7.5Mn/m | -$8.6Mn/m |
| Depreciation & Amortization | $385K-27.9% | N/A | $500K0.0% | $500K-16.7% | $534K-13.3% | N/A | $500K-28.6% | $600K-14.3% |
| Stock-Based Compensation | $19.1M+3523.1% | N/A | N/A | N/A | $528K-22.2% | N/A | N/A | N/A |
| Capital Expenditures | $576K+236.8% | $117K-57.3% | $50K-90.6% | $226K-46.7% | $171K+584.0% | $274K+25.1% | $530K+324.0% | $424K-6.8% |
| Free Cash Flow | -$31.9Mn/m | -$60.8Mn/m | -$3.5Mn/m | -$9.2Mn/m | -$9.9Mn/m | -$8.4Mn/m | -$8.0Mn/m | -$9.0Mn/m |
| Investing Cash Flow | -$508Kn/m | $3.9M+1961.7% | $579K-88.1% | -$215K-121.0% | -$114K-146.5% | $188Kn/m | $4.9M+1371.6% | $1.0Mn/m |
| Financing Cash Flow | $39.3M+21472.0% | $93.7M+4855.3% | $71.5M+37312.6% | $40.6M+358.0% | $182Kn/m | $1.9M+565.8% | $191Kn/m | $8.9Mn/m |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
HYMCL Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q | Q2'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -21.6% | N/A | -19.8% | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -17.9%-8.8pp | N/A | -4.1%+5.5pp | -7.2%+1.2pp | -9.1%+4.5pp | N/A | -9.6%-2.1pp | -8.5%-2.2pp |
| Current Ratio | 46.19+30.0x | 24.24+14.8x | 19.04+12.3x | 25.80+18.5x | 16.17+5.3x | 9.42-0.2x | 6.69-7.0x | 7.30-10.7x |
| Debt-to-Equity | N/A | 0.00 | 2.83 | N/A | N/A | N/A | N/A | N/A |
| Liabilities-to-Equity | 0.21 | 0.23 | 3.86 | N/A | N/A | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Where Hycroft Mining Holding Corporation Warrants Ranks
Frequently Asked Questions
Is Hycroft Mining Holding Corporation Warrants profitable?
No, Hycroft Mining Holding Corporation Warrants (HYMCL) reported a net loss of $40.7M in fiscal year 2025.
What is Hycroft Mining Holding Corporation Warrants's EBITDA?
Hycroft Mining Holding Corporation Warrants (HYMCL) had EBITDA of -$42.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Hycroft Mining Holding Corporation Warrants have?
As of fiscal year 2025, Hycroft Mining Holding Corporation Warrants (HYMCL) had $181.7M in cash and equivalents against $0 in long-term debt.
What is Hycroft Mining Holding Corporation Warrants's return on equity (ROE)?
Hycroft Mining Holding Corporation Warrants (HYMCL) has a return on equity of -19.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Hycroft Mining Holding Corporation Warrants's free cash flow?
Hycroft Mining Holding Corporation Warrants (HYMCL) recorded an outflow of $83.4M in free cash flow during fiscal year 2025. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Hycroft Mining Holding Corporation Warrants's operating cash flow?
Hycroft Mining Holding Corporation Warrants (HYMCL) recorded an outflow of $82.9M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Hycroft Mining Holding Corporation Warrants's total assets?
Hycroft Mining Holding Corporation Warrants (HYMCL) had $263.0M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Hycroft Mining Holding Corporation Warrants's capital expenditures?
Hycroft Mining Holding Corporation Warrants (HYMCL) invested $564K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Hycroft Mining Holding Corporation Warrants spend on research and development?
Hycroft Mining Holding Corporation Warrants (HYMCL) invested $14.9M in research and development during fiscal year 2025.
What is Hycroft Mining Holding Corporation Warrants's current ratio?
Hycroft Mining Holding Corporation Warrants (HYMCL) had a current ratio of 24.24 as of fiscal year 2025, which is generally considered healthy.
What is Hycroft Mining Holding Corporation Warrants's debt-to-equity ratio?
Hycroft Mining Holding Corporation Warrants (HYMCL) had a debt-to-equity ratio of 0.00 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Hycroft Mining Holding Corporation Warrants's liabilities-to-equity ratio?
Hycroft Mining Holding Corporation Warrants (HYMCL) had a liabilities-to-equity ratio of 0.23 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Hycroft Mining Holding Corporation Warrants's return on assets (ROA)?
Hycroft Mining Holding Corporation Warrants (HYMCL) had a return on assets of -15.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Hycroft Mining Holding Corporation Warrants's Piotroski F-Score?
Hycroft Mining Holding Corporation Warrants (HYMCL) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Hycroft Mining Holding Corporation Warrants's earnings high quality?
Hycroft Mining Holding Corporation Warrants (HYMCL) reported a net loss of $40.7M while operations used $82.9M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Hycroft Mining Holding Corporation Warrants cover its interest payments?
Hycroft Mining Holding Corporation Warrants (HYMCL) reported an operating loss of $44.5M against $11.0M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.