Equinox Gold (EQX) Operating Margin (2019 - 2026)

Equinox Gold (EQX) has reported Operating Margin for 8 consecutive years, with 37.24% the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Margin rose 2449.0% year-over-year to 37.24%; the TTM figure through Mar 2026 stood at 30.66% (up 1491.0% YoY), while the FY2025 annual figure was 23.79%, up 717.0% from the prior year.
• Operating Margin came in at 37.24% for Q1 2026 at Equinox Gold, down from 42.93% in the prior quarter.
• The five-year high for Operating Margin was 42.93% in Q4 2025, with the low at 5.14% in Q3 2022.
• Average Operating Margin over 5 years is 11.65%, with a median of 5.86% recorded in 2022.
• Across the five-year window, Operating Margin tumbled 1395 bps in 2022 and surged 2449 bps in 2026, its largest moves.
• Year by year, Operating Margin stood at 5.12% in 2022, then jumped by 66 bps to 8.5% in 2023, then surged by 170 bps to 22.9% in 2024, then jumped by 87 bps to 42.93% in 2025, then dropped by 13 bps to 37.24% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 37.24%, 42.93%, and 18.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.