Equinox Gold (EQX) Net Margin (2018 - 2026)
Equinox Gold (EQX) posted Net Margin of 28.4% for Q2 2026, down 42.53% on a QoQ basis from 49.41% in Q1 2026, and up 3833.0% year-over-year from 0.72% in Q2 2025.
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Analysis
Equinox Gold (EQX) Net Margin (2018 - 2026) Analysis & Trends
Equinox Gold has reported Net Margin for 9 years, with the latest figure at 28.4% in Q2 2026.
- On a quarterly basis, Net Margin rose 3833.0% year-over-year to 28.4% in Q2 2026; TTM through Jun 2026 was 18.64%, a 2986.0% increase from a year earlier, with the FY2025 full-year figure at 9.64%, down 1887.0% from the prior year.
- Net Margin was 28.4% for Q2 2026 at Equinox Gold, down from 49.41% in the prior quarter.
- The five-year high for Net Margin was 278.06% in Q2 2024, with the low at 55.8% in Q1 2025.
- Average Net Margin over 5 years is 13.72%, with a median of 0.39% recorded in 2024.
- The sharpest annual moves came in 2024 and 2025: Net Margin jumped 27669 bps in 2024, then sank 28799 bps in 2025.
- Over 5 years, Net Margin stood at 0.23% in 2022, then surged by 666 bps to 1.31% in 2023, then slumped by 729 bps to 8.24% in 2024, then soared by 247 bps to 12.08% in 2025, then surged by 135 bps to 28.4% in 2026.
- The last three Net Margin figures came in at 28.4% (Q2 2026), 49.41% (Q1 2026), and 12.08% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 33.46% |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 23.00% |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | 32.28% |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 80.91% |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | 28.19% |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 35.45% |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | 47.67% |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 28.40% |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | - |
| 10 | Centerra Gold | 6.52 Bn | 6.06 Bn | 433.81 Mn | 52.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.40% |
| Mar 31, 2026 | 49.41% |
| Dec 31, 2025 | 12.08% |
| Sep 30, 2025 | 0.71% |
| Jun 30, 2025 | -9.94% |
| Mar 31, 2025 | -55.80% |
| Dec 31, 2024 | -8.24% |
| Sep 30, 2024 | 0.07% |
| Jun 30, 2024 | 278.06% |
| Mar 31, 2024 | -10.63% |
| Dec 31, 2023 | 1.31% |
| Sep 30, 2023 | -4.92% |
| Jun 30, 2023 | 1.37% |
| Mar 31, 2023 | 5.41% |
| Dec 31, 2022 | -0.23% |
| Sep 30, 2022 | -12.28% |
| Jun 30, 2022 | -35.04% |
| Mar 31, 2022 | 7.21% |
| Dec 31, 2021 | 29.09% |
| Sep 30, 2021 | -3.30% |