Equinox Gold (EQX) Operating Income (2018 - 2026)

Equinox Gold (EQX) posted quarterly Operating Income of $234.0 million for Q1 2026, up 590.27% year-over-year from $33.9 million in Q1 2025, and up 11.56% on a QoQ basis from $209.7 million in Q4 2025.

Equinox Gold (EQX) Operating Income (2018 - 2026) Analysis & Trends

Equinox Gold (EQX) has reported Operating Income for 9 consecutive years, with $234.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Income rose 590.27% year-over-year to $234.0 million; the TTM figure through Mar 2026 stood at $619.3 million (up 280.4% YoY), while the FY2025 annual figure was $309.4 million, up 179.24% from the prior year.
  • Operating Income came in at $234.0 million for Q1 2026 at Equinox Gold, up from $209.7 million in the prior quarter.
  • The five-year high for Operating Income was $234.0 million in Q1 2026, with the low at -$12.6 million in Q3 2022.
  • Average Operating Income over 5 years is $48.5 million, with a median of $13.3 million recorded in 2022.
  • Across the five-year window, Operating Income sank 432.33% in 2024 and surged 1051.1% in 2025, its largest moves.
  • Year by year, Operating Income stood at $13.3 million in 2022, then soared by 40.1% to $18.6 million in 2023, then jumped by 217.02% to $58.9 million in 2024, then soared by 256.02% to $209.7 million in 2025, then increased by 11.56% to $234.0 million in 2026.
  • According to Business Quant data, Operating Income over the past three periods registered $234.0 million, $209.7 million, and $80.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 3.04 Bn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 28.06 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 4.45 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 108.09 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 674.79 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 18.42 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 517.10 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 1.34 Bn
10 Equinox Gold 7.68 Bn 8.27 Bn 319.98 Mn 234.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 234.00 Mn
Dec 31, 2025 209.75 Mn
Sep 30, 2025 80.44 Mn
Jun 30, 2025 95.10 Mn
Mar 31, 2025 33.90 Mn
Dec 31, 2024 58.91 Mn
Sep 30, 2024 61.72 Mn
Jun 30, 2024 8.26 Mn
Mar 31, 2024 -3.93 Mn
Dec 31, 2023 18.58 Mn
Sep 30, 2023 6.42 Mn
Jun 30, 2023 10.50 Mn
Mar 31, 2023 1.18 Mn
Dec 31, 2022 13.27 Mn
Sep 30, 2022 -12.60 Mn
Jun 30, 2022 -3.35 Mn
Mar 31, 2022 13.07 Mn
Dec 31, 2021 78.97 Mn
Sep 30, 2021 17.16 Mn
Jun 30, 2021 13.91 Mn