Endeavour Silver (EXK) Gross Margin (2009 - 2026)
Endeavour Silver's (EXK) quarterly Gross Margin came in at 34.89% in Q2 2026, up 2620.0% YoY from 1.28% in Q2 2025, and down 21.75% on a QoQ basis from 44.59% in Q1 2026.
Endeavour Silver (EXK) Gross Margin (2009 - 2026) Analysis & Trends
Endeavour Silver (EXK) has 18 years of Gross Margin data on file, last reported at 34.89% in Q2 2026.
- Quarterly Gross Margin rose 2620.0% year-over-year to 34.89% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.17% (up 1470.0% YoY) and the FY2025 annual result came in at 17.71%, down 159.0% from the prior year.
- Gross Margin declined to 34.89% in Q2 2026, from 44.59% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 44.59% in Q1 2026 to a low of 5.45% in Q3 2023.
- A 5-year average of 21.27% and a median of 19.28% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin sank 1581 bps — and 2026, when it jumped 2620 bps.
- Tracing EXK's Gross Margin over 5 years: stood at 26.41% in 2022, then slumped by 60 bps to 10.6% in 2023, then surged by 72 bps to 18.25% in 2024, then jumped by 48 bps to 27.0% in 2025, then grew by 29 bps to 34.89% in 2026.
- The last three Gross Margin figures came in at 34.89% (Q2 2026), 44.59% (Q1 2026), and 27.0% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | 53.82% |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | 34.89% |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 61.12% |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | 1.30% |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 34.89% |
| Mar 31, 2026 | 44.59% |
| Dec 31, 2025 | 27.00% |
| Sep 30, 2025 | 10.99% |
| Jun 30, 2025 | 8.69% |
| Mar 31, 2025 | 20.31% |
| Dec 31, 2024 | 18.25% |
| Sep 30, 2024 | 23.36% |
| Jun 30, 2024 | 17.53% |
| Mar 31, 2024 | 18.21% |
| Dec 31, 2023 | 10.60% |
| Sep 30, 2023 | 5.45% |
| Jun 30, 2023 | 25.05% |
| Mar 31, 2023 | 28.89% |
| Dec 31, 2022 | 26.41% |
| Sep 30, 2022 | 12.94% |
| Jun 30, 2022 | 14.53% |
| Mar 31, 2022 | 35.10% |
| Dec 31, 2021 | 25.19% |
| Sep 30, 2021 | 23.95% |