Equinox Gold (EQX) Cost of Revenue (2019 - 2026)

Equinox Gold (EQX) posted quarterly Cost of Revenue of $308.3 million for Q1 2026, up 13.43% year-over-year from $271.8 million in Q1 2025, and up 26.79% on a QoQ basis from $243.2 million in Q4 2025.

Equinox Gold (EQX) Cost of Revenue (2019 - 2026) Analysis & Trends

Equinox Gold (EQX) has reported Cost of Revenue for 8 consecutive years, with $308.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 13.43% year-over-year to $308.3 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 32.47% YoY), while the FY2025 annual figure was $1.2 billion, up 66.16% from the prior year.
  • Cost of Revenue came in at $308.3 million for Q1 2026 at Equinox Gold, up from $243.2 million in the prior quarter.
  • The five-year high for Cost of Revenue was $318.9 million in Q2 2025, with the low at $162.4 million in Q1 2023.
  • Average Cost of Revenue over 5 years is $223.8 million, with a median of $207.6 million recorded in 2022.
  • Across the five-year window, Cost of Revenue retreated 18.56% in 2023 and jumped 79.62% in 2025, its largest moves.
  • Year by year, Cost of Revenue stood at $227.3 million in 2022, then fell by 16.22% to $190.4 million in 2023, then fell by 0.89% to $188.7 million in 2024, then advanced by 28.86% to $243.2 million in 2025, then increased by 26.79% to $308.3 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $308.3 million, $243.2 million, and $292.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 2.10 Bn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 13.02 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 19.00 Mn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 3.34 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 202.10 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 16.23 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 46.50 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 966.20 Mn
10 Equinox Gold 7.68 Bn 8.27 Bn 319.98 Mn 308.31 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 308.31 Mn
Mar 31, 2026 308.31 Mn
Dec 31, 2025 243.16 Mn
Dec 31, 2025 243.16 Mn
Sep 30, 2025 292.40 Mn
Sep 30, 2025 292.40 Mn
Jun 30, 2025 318.87 Mn
Jun 30, 2025 318.87 Mn
Mar 31, 2025 271.80 Mn
Mar 31, 2025 271.80 Mn
Dec 31, 2024 188.70 Mn
Dec 31, 2024 188.70 Mn
Sep 30, 2024 239.71 Mn
Sep 30, 2024 239.71 Mn
Jun 30, 2024 177.52 Mn
Jun 30, 2024 177.52 Mn
Mar 31, 2024 170.61 Mn
Mar 31, 2024 170.61 Mn
Dec 31, 2023 190.39 Mn
Dec 31, 2023 190.39 Mn