Equinox Gold (EQX) Operating Expenses (2018 - 2026)
Equinox Gold (EQX) recorded Operating Expenses of $4.2 million in the quarter ended Jun 30, 2026, compared with -$20.4 million a year earlier.
Equinox Gold (EQX) Operating Expenses (2018 - 2026) Analysis & Trends
On a TTM basis, Equinox Gold's Operating Expenses came in at -$151.92 million as of Jun 30, 2026; for the year ended Dec 31, 2025, it was -$319.17 million.
- Across earlier years, Operating Expenses came in at -$77.06 million in the year ended Dec 31, 2024, $764.23 million in the year ended Dec 31, 2023 (+12.4%), $680.05 million in the year ended Dec 31, 2022 (+3.9%) and $654.8 million in the year ended Dec 31, 2021 (+54.7%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Operating Expenses since the quarter ended Dec 31, 2023.
- Per Business Quant, the preceding three quarters came in at -$95.41 million (quarter ended Mar 31, 2026), -$26.5 million (quarter ended Dec 31, 2025) and -$34.22 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | -780.00 Mn |
| 10 | Equinox Gold | 7.08 Bn | 7.18 Bn | - | 4.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.20 Mn |
| Mar 31, 2026 | -95.41 Mn |
| Dec 31, 2025 | -26.50 Mn |
| Sep 30, 2025 | -34.22 Mn |
| Jun 30, 2025 | -20.40 Mn |
| Mar 31, 2025 | -48.27 Mn |
| Dec 31, 2024 | -13.00 Mn |
| Sep 30, 2024 | -17.20 Mn |
| Jun 30, 2024 | -15.40 Mn |
| Mar 31, 2024 | -16.62 Mn |
| Dec 31, 2023 | 57.93 Mn |
| Sep 30, 2023 | -16.59 Mn |
| Jun 30, 2023 | -16.32 Mn |
| Mar 31, 2023 | -11.72 Mn |
| Dec 31, 2022 | -17.30 Mn |
| Sep 30, 2022 | -17.10 Mn |
| Jun 30, 2022 | -15.61 Mn |
| Mar 31, 2022 | -15.02 Mn |
| Dec 31, 2021 | 260.60 |
| Sep 30, 2021 | -152.66 Mn |
Equinox Gold Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=EQX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "EQX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=EQX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();