Equinox Gold (EQX) Cost of Revenue (2019 - 2026)
Equinox Gold (EQX) posted quarterly Cost of Revenue of $308.3 million for Q1 2026, up 24.87% year-over-year from $246.9 million in Q1 2025, and up 26.79% quarter-over-quarter from $243.2 million in Q4 2025.
Equinox Gold (EQX) Cost of Revenue (2019 - 2026) Analysis & Trends
Equinox Gold's Cost of Revenue history runs 8 years deep, the most recent figure standing at $308.3 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 24.87% year-over-year to $308.3 million; the TTM figure through Mar 2026 stood at $1.4 billion (up 47.96% YoY), while the FY2025 annual figure was $1.2 billion, up 66.16% from the prior year.
- Cost of Revenue for Q1 2026 stood at $308.3 million, up from $243.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $538.9 million in Q3 2025, with the low at $127.4 million in Q1 2023.
- The 5-year median for Cost of Revenue is $194.7 million (2022), against an average of $241.7 million.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 82.43% in 2022, then tumbled 34.57% in 2023.
- Equinox Gold's Cost of Revenue stood at $207.6 million in 2022, then fell by 8.3% to $190.4 million in 2023, then decreased by 0.89% to $188.7 million in 2024, then grew by 28.86% to $243.2 million in 2025, then gained by 26.79% to $308.3 million in 2026.
- Business Quant data shows EQX's Cost of Revenue at $308.3 million in Q1 2026, $243.2 million in Q4 2025, and $538.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 2.09 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 953.76 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 2.40 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 241.35 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 1.40 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 473,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 60.09 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 549.75 Mn |
| 10 | Equinox Gold | 10.70 Bn | -317,789.46 Bn | 301.70 | 468.10 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 538.89 Mn |
| Sep 30, 2025 | 538.89 Mn |
| Jun 30, 2025 | 318.87 Mn |
| Jun 30, 2025 | 318.87 Mn |
| Mar 31, 2025 | 246.90 Mn |
| Mar 31, 2025 | 246.90 Mn |
| Dec 31, 2024 | 188.70 Mn |
| Dec 31, 2024 | 188.70 Mn |
| Sep 30, 2024 | 327.01 Mn |
| Sep 30, 2024 | 327.01 Mn |
| Jun 30, 2024 | 189.80 Mn |
| Jun 30, 2024 | 189.80 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 |