Equinox Gold (EQX) Capital Expenditures (2018 - 2026)

Equinox Gold (EQX) recorded quarterly Capital Expenditures of -$184.8 million in Q1 2026, down 116.54% quarter-over-quarter from $1.1 billion in Q4 2025, and down 97.06% on a YoY basis from -$6.3 billion in Q1 2025.

Equinox Gold (EQX) Capital Expenditures (2018 - 2026) Analysis & Trends

Equinox Gold's Capital Expenditures history runs 9 years deep, the most recent figure standing at -$184.8 million for Q1 2026.

  • In Q1 2026, Capital Expenditures fell 97.06% year-over-year to -$184.8 million; the TTM figure through Mar 2026 stood at $601.3 million (up 181.8% YoY), while the FY2025 annual figure was $692.3 million, up 68.02% from the prior year.
  • Capital Expenditures was -$184.8 million for Q1 2026 at Equinox Gold, down from $1.1 billion in the prior quarter.
  • In the past five years, Capital Expenditures ranged from a high of $1.1 billion in Q4 2025 to a low of -$412.1 million in Q4 2024.
  • Historically, Capital Expenditures has averaged $33.0 million across 5 years, with a median of -$123.9 million in 2022.
  • Biggest YoY gain for Capital Expenditures was 371.22% in 2025; the steepest drop was 17059.36% in 2025.
  • A 5-year view of Capital Expenditures shows it stood at $974.6 million in 2022, then plunged by 46.31% to $523.3 million in 2023, then tumbled by 178.75% to -$412.1 million in 2024, then soared by 371.22% to $1.1 billion in 2025, then sank by 116.54% to -$184.8 million in 2026.
  • The last three Capital Expenditures figures came in at -$184.8 million (Q1 2026), $1.1 billion (Q4 2025), and -$235.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn -979.00 Mn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn -
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn -
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn -283.20 Mn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 641.00 Mn
8 Equinox Gold 51.34 Bn 50.84 Bn - -184.84 Mn
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn -
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn -44.11 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -184.84 Mn
Mar 31, 2026 -184.84 Mn
Dec 31, 2025 1.12 Bn
Dec 31, 2025 1.12 Bn
Sep 30, 2025 -235.48 Mn
Sep 30, 2025 -235.48 Mn
Jun 30, 2025 -95.99 Mn
Jun 30, 2025 -95.99 Mn
Mar 31, 2025 -93.80 Mn
Mar 31, 2025 -93.80 Mn
Dec 31, 2024 -412.07 Mn
Dec 31, 2024 -412.07 Mn
Sep 30, 2024 -124.44 Mn
Sep 30, 2024 -124.44 Mn
Jun 30, 2024 566,000.00
Jun 30, 2024 566,000.00
Mar 31, 2024 -104.77 Mn
Mar 31, 2024 -104.77 Mn
Dec 31, 2023 523.30 Mn
Dec 31, 2023 523.30 Mn