Comstock net loss widens to $25.47 million in Q2 FY26; revenue falls 19.64% to $272,824

LODE•2026-07-23

Comstock posted a net loss of USD 25.47 million for the quarter ended June 30, 2026, widening from USD 7.83 million a year earlier.
Revenue fell 19.65% to USD 272,824, while operating loss widened to USD 26.94 million from USD 7.67 million year-on-year.
Total operating expenses surged to USD 26.04 million from USD 7.19 million, driven by USD 13.65 million intangible impairment and USD 1.74 million equipment impairment.
Selling, general and administrative expense climbed to USD 7.35 million from USD 4.64 million, while cost of goods sold rose to USD 1.17 million from USD 814,001.

Comstock expects commissioning of its first industry-scale solar panel recycling facility to finish in Q3, with operations coming online shortly thereafter.

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