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| 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 | 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 |