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| Date | Value |
|---|---|
| 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 |