Equinox Gold (EQX) Net Margin (2019 - 2026)
Equinox Gold (EQX) posted quarterly Net Margin of 29.8% for Q1 2026, up 5934.0% year-over-year from 0.49% in Q1 2025, and up 76.9% quarter-over-quarter from 16.84% in Q4 2025.
Equinox Gold (EQX) Net Margin (2019 - 2026) Analysis & Trends
Equinox Gold's Net Margin history runs 8 years deep, the most recent figure standing at 29.8% for Q1 2026.
- In Q1 2026, Net Margin rose 5934.0% year-over-year to 29.8%; the TTM figure through Mar 2026 stood at 14.83% (down 3768.0% YoY), while the FY2025 annual figure was 13.22%, down 128.0% from the prior year.
- Net Margin for Q1 2026 stood at 29.8%, up from 16.84% in the prior quarter.
- The five-year high for Net Margin was 287.64% in Q2 2024, with the low at 29.54% in Q1 2025.
- The 5-year median for Net Margin is 6.19% (2025), against an average of 24.77%.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 28628 bps in 2024, then sank 27975 bps in 2025.
- Equinox Gold's Net Margin stood at 35.04% in 2022, then sank by 97 bps to 1.1% in 2023, then jumped by 2646 bps to 30.12% in 2024, then sank by 44 bps to 16.84% in 2025, then soared by 77 bps to 29.8% in 2026.
- Business Quant data shows EQX's Net Margin at 29.8% in Q1 2026, 16.84% in Q4 2025, and 6.19% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 33.46% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 42.09% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 23.00% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 58.46% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 0.00% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 27.05% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 11.22% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 52.73% |
| 10 | Equinox Gold | 10.18 Bn | -317,789.98 Bn | 301.70 | 17,095,351.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 29.80% |
| Dec 31, 2025 | 16.84% |
| Sep 30, 2025 | 6.19% |
| Jun 30, 2025 | 7.89% |
| Mar 31, 2025 | -29.54% |
| Dec 31, 2024 | 30.12% |
| Sep 30, 2024 | 8.73% |
| Jun 30, 2024 | 287.64% |
| Mar 31, 2024 | -10.65% |
| Dec 31, 2023 | 1.10% |
| Sep 30, 2023 | -4.92% |
| Jun 30, 2023 | 1.36% |
| Mar 31, 2023 | -0.77% |
| Jun 30, 2022 | 35.04% |
| Mar 31, 2022 | -7.22% |
| Sep 30, 2021 | 4.72% |
| Jun 30, 2021 | 0.00% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 20.08% |
| Sep 30, 2020 | 9.12% |