Equinox Gold (EQX) Operating Expenses (2018 - 2026)
Equinox Gold (EQX) posted Operating Expenses of -$22.4 million for Q2 2026, down 107.19% on a QoQ basis from $310.9 million in Q1 2026, and up 36.57% year-over-year from -$16.4 million in Q2 2025.
Analysis
Equinox Gold (EQX) Operating Expenses (2018 - 2026) Analysis & Trends
Equinox Gold has reported Operating Expenses for 9 years, with the latest figure at -$22.4 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 36.57% year-over-year to -$22.4 million in Q2 2026; TTM through Jun 2026 was $500.1 million, a 492.62% increase from a year earlier, with the FY2025 full-year figure at -$95.0 million, down 16277.76% from the prior year.
- Operating Expenses was -$22.4 million for Q2 2026 at Equinox Gold, down from $310.9 million in the prior quarter.
- The five-year high for Operating Expenses was $310.9 million in Q1 2026, with the low at -$75.9 million in Q3 2024.
- Average Operating Expenses over 5 years is $26.6 million, with a median of -$1.4 million recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses tumbled 18260.19% in 2024, then soared 39983.33% in 2025.
- Over 5 years, Operating Expenses stood at -$1.4 million in 2022, then soared by 202.21% to $1.4 million in 2023, then plunged by 141.93% to -$600000.0 in 2024, then jumped by 39983.33% to $239.3 million in 2025, then sank by 109.35% to -$22.4 million in 2026.
- The last three Operating Expenses figures came in at -$22.4 million (Q2 2026), $310.9 million (Q1 2026), and $239.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 165.00 Mn |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | -37.00 Mn |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 18.20 Mn |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | -29.60 Mn |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 47.90 Mn |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | - |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 341.60 Mn |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | -139.73 Mn |
| 10 | Centerra Gold | 6.52 Bn | 6.06 Bn | 433.81 Mn | 43.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -22.36 Mn |
| Mar 31, 2026 | 310.90 Mn |
| Dec 31, 2025 | 239.30 Mn |
| Sep 30, 2025 | -27.73 Mn |
| Jun 30, 2025 | -35.26 Mn |
| Mar 31, 2025 | 196.10 Mn |
| Dec 31, 2024 | -600,000.00 |
| Sep 30, 2024 | -75.86 Mn |
| Jun 30, 2024 | -59.49 Mn |
| Mar 31, 2024 | -62.80 Mn |
| Dec 31, 2023 | 1.43 Mn |
| Jun 30, 2023 | -324,000.00 |
| Mar 31, 2023 | -1.11 Mn |
| Dec 31, 2022 | -1.40 Mn |
| Sep 30, 2022 | -2.94 Mn |
| Jun 30, 2022 | -4.73 Mn |
| Mar 31, 2022 | -400,000.00 |
| Dec 31, 2021 | -100,000.00 |
| Sep 30, 2021 | -6.00 Mn |
| Jun 30, 2021 | -7.17 Mn |