Equinox Gold (EQX) Operating Expenses (2018 - 2026)
Equinox Gold (EQX) recorded quarterly Operating Expenses of $300000.0 in Q1 2026, down 99.94% quarter-over-quarter from $469.6 million in Q4 2025, and up 100.22% on a YoY basis from $149835.5 in Q1 2025.
Equinox Gold (EQX) Operating Expenses (2018 - 2026) Analysis & Trends
Equinox Gold's Operating Expenses history runs 9 years deep, the most recent figure standing at $300000.0 for Q1 2026.
- In Q1 2026, Operating Expenses rose 100.22% year-over-year to $300000.0; the TTM figure through Mar 2026 stood at $180.5 million (up 135.57% YoY), while the FY2025 annual figure was $834.6 million, up 39.82% from the prior year.
- Operating Expenses was $300000.0 for Q1 2026 at Equinox Gold, down from $469.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $764.2 million in Q4 2023 to a low of -$193.3 million in Q3 2025.
- Historically, Operating Expenses has averaged -$37.6 million across 5 years, with a median of -$127.4 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses plunged 5034.82% in 2022, then surged 716.75% in 2023.
- A 5-year view of Operating Expenses shows it stood at -$123.9 million in 2022, then soared by 716.75% to $764.2 million in 2023, then tumbled by 120.66% to -$157.9 million in 2024, then soared by 397.39% to $469.6 million in 2025, then slumped by 99.94% to $300000.0 in 2026.
- The last three Operating Expenses figures came in at $300000.0 (Q1 2026), $469.6 million (Q4 2025), and -$193.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Aura Minerals | 47.46 Bn | 47.17 Bn | 19.58 Mn | -1.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 300,000.00 |
| Dec 31, 2025 | 469.62 Mn |
| Sep 30, 2025 | -193.28 Mn |
| Jun 30, 2025 | -96.13 Mn |
| Mar 31, 2025 | -136.67 Mn |
| Dec 31, 2024 | -157.92 Mn |
| Sep 30, 2024 | -126.23 Mn |
| Jun 30, 2024 | -86.64 Mn |
| Mar 31, 2024 | -63.45 Mn |
| Dec 31, 2023 | 764.23 Mn |
| Sep 30, 2023 | -150.01 Mn |
| Jun 30, 2023 | -143.46 Mn |
| Mar 31, 2023 | -127.38 Mn |
| Dec 31, 2022 | -123.91 Mn |
| Sep 30, 2022 | -144.76 Mn |
| Jun 30, 2022 | -170.68 Mn |
| Mar 31, 2022 | -152.35 Mn |
| Sep 30, 2021 | -121.31 Mn |
| Jun 30, 2021 | -139.89 Mn |
| Mar 31, 2021 | -2.97 Mn |