Equinox Gold (EQX) Change in Working Capital (2018 - 2026)
Equinox Gold (EQX) posted quarterly Change in Working Capital of -$104.2 million for Q1 2026, down 454.26% year-over-year from $29.4 million in Q1 2025, and down 2794.44% quarter-over-quarter from -$3.6 million in Q4 2025.
Equinox Gold (EQX) Change in Working Capital (2018 - 2026) Analysis & Trends
Equinox Gold's Change in Working Capital history runs 9 years deep, the most recent figure standing at -$104.2 million for Q1 2026.
- In Q1 2026, Change in Working Capital fell 454.26% year-over-year to -$104.2 million; the TTM figure through Mar 2026 stood at -$182.1 million (down 29.93% YoY), while the FY2025 annual figure was $36.6 million, up 364.98% from the prior year.
- Change in Working Capital for Q1 2026 stood at -$104.2 million, down from -$3.6 million in the prior quarter.
- The five-year high for Change in Working Capital was $169.0 million in Q4 2023, with the low at -$104.2 million in Q1 2026.
- The 5-year median for Change in Working Capital is -$29.8 million (2024), against an average of -$13.1 million.
- The sharpest annual moves came in 2022 and 2025: Change in Working Capital soared 814.71% in 2022, then tumbled 965.59% in 2025.
- Equinox Gold's Change in Working Capital stood at $141.2 million in 2022, then gained by 19.66% to $169.0 million in 2023, then plunged by 134.33% to -$58.0 million in 2024, then surged by 93.79% to -$3.6 million in 2025, then slumped by 2794.44% to -$104.2 million in 2026.
- Business Quant data shows EQX's Change in Working Capital at -$104.2 million in Q1 2026, -$3.6 million in Q4 2025, and -$81.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Working Capital (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | - |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | - |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | - |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | - |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | - |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | - |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | - |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | - |
| 10 | Equinox Gold | 10.70 Bn | -317,789.46 Bn | 301.70 | -68.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -104.20 Mn |
| Mar 31, 2026 | -104.20 Mn |
| Dec 31, 2025 | -3.60 Mn |
| Dec 31, 2025 | -3.60 Mn |
| Sep 30, 2025 | -81.28 Mn |
| Sep 30, 2025 | -81.28 Mn |
| Jun 30, 2025 | 6.94 Mn |
| Jun 30, 2025 | 6.94 Mn |
| Mar 31, 2025 | -18.80 Mn |
| Mar 31, 2025 | -18.80 Mn |
| Dec 31, 2024 | -58.01 Mn |
| Dec 31, 2024 | -58.01 Mn |
| Sep 30, 2024 | 9.39 Mn |
| Sep 30, 2024 | 9.39 Mn |
| Jun 30, 2024 | -72.76 Mn |
| Jun 30, 2024 | -72.76 Mn |
| Mar 31, 2024 | -29.82 Mn |
| Mar 31, 2024 | -29.82 Mn |
| Dec 31, 2023 | 168.99 Mn |
| Dec 31, 2023 | 168.99 Mn |