Equinox Gold (EQX) Operating Income (2018 - 2025)

Equinox Gold (EQX) recorded quarterly Operating Income of -$8.6 million in Q4 2025, down 110.7% quarter-over-quarter from $80.4 million in Q3 2025, and down 114.59% on a YoY basis from $59.0 million in Q4 2024.

Equinox Gold (EQX) Operating Income (2018 - 2025) Analysis & Trends

Equinox Gold's Operating Income history runs 8 years deep, the most recent figure standing at -$8.6 million for Q4 2025.

  • In Q4 2025, Operating Income fell 114.59% year-over-year to -$8.6 million; the TTM figure through Dec 2025 stood at $93.1 million (down 15.12% YoY), while the FY2025 annual figure was $432.3 million, up 148.71% from the prior year.
  • Operating Income was -$8.6 million for Q4 2025 at Equinox Gold, down from $80.4 million in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $44200.0 billion in Q1 2021 to a low of -$9.7 million in Q3 2022.
  • Historically, Operating Income has averaged $2210.0 billion across 5 years, with a median of $11.8 million in 2022.
  • The sharpest annual moves came in 2021 and 2024: Operating Income soared 224460911.71% in 2021, then tumbled 388.44% in 2024.
  • A 5-year view of Operating Income shows it stood at $79.0 million in 2021, then sank by 87.59% to $9.8 million in 2022, then jumped by 293.95% to $38.6 million in 2023, then soared by 52.81% to $59.0 million in 2024, then slumped by 114.59% to -$8.6 million in 2025.
  • The last three Operating Income figures came in at -$8.6 million (Q4 2025), $80.4 million (Q3 2025), and $27.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 1,048.41 Bn 1,051.14 Bn 3.12 Bn 3.04 Bn
3 Wheaton Precious Metals 429.35 Bn 428.20 Bn 699.37 Mn 674.79 Mn
4 Alamos Gold 144.86 Bn 144.19 Bn 442.20 Mn 344.80 Mn
5 Gold Fields 136.49 Bn 134.71 Bn - -
6 Kinross Gold 110.14 Bn 107.96 Bn 1.44 Bn 1.34 Bn
7 Newmont 106.92 Bn 98.31 Bn 7.29 Bn 4.45 Bn
8 Equinox Gold 51.34 Bn 50.84 Bn - -
9 AngloGold Ashanti 47.89 Bn 44.92 Bn 1.94 Bn 944.00 Mn
10 Aura Minerals 47.46 Bn 47.17 Bn 19.58 Mn 18.42 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -8.61 Mn
Sep 30, 2025 80.44 Mn
Jun 30, 2025 27.71 Mn
Mar 31, 2025 -6.41 Mn
Dec 31, 2024 58.99 Mn
Sep 30, 2024 48.09 Mn
Jun 30, 2024 6.07 Mn
Mar 31, 2024 -3.41 Mn
Dec 31, 2023 38.60 Mn
Sep 30, 2023 6.42 Mn
Jun 30, 2023 10.50 Mn
Mar 31, 2023 1.18 Mn
Dec 31, 2022 9.80 Mn
Sep 30, 2022 -9.66 Mn
Jun 30, 2022 -3.35 Mn
Mar 31, 2022 13.07 Mn
Dec 31, 2021 78.97 Mn
Sep 30, 2021 21.60 Mn
Jun 30, 2021 13.91 Mn
Mar 31, 2021 44,200.00 Bn