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
DateValue
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