Goldgroup Mining (GORO) Cost of Revenue (2010 - 2026)
Goldgroup Mining (GORO) reported Cost of Revenue of $24.9 million for Q1 2026, up 80.3% from $13.81 million a year earlier and up 0.1% from the prior quarter.
Goldgroup Mining (GORO) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the twelve months ended Mar 31, 2026, Goldgroup Mining's Cost of Revenue came in at $84.07 million, up 6.2% year-over-year; for FY2025, it was $72.98 million, down 15.4% from FY2024.
- Cost of Revenue has declined for three consecutive years, with a five-year compound annual growth rate of -1.4% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $86.22 million in FY2024 (-16.3%), $102.95 million in FY2023 (-5.5%), $108.98 million in FY2022 (+23.2%) and $88.45 million in FY2021 (+13.1%).
- The Q1 2026 figure ranks as the highest quarterly Cost of Revenue since Q3 2023.
- Year over year, Cost of Revenue gained in two of the last eight quarters, with an average decline of 1.9%.
- The high point for year-over-year Cost of Revenue in five years was Q1 2026 (growth of 80.3%); the low point was Q2 2025 (a decline of 35.8%).
- Per Business Quant data, the three quarters before Q1 2026 came in at $24.87 million (Q4 2025), $18.66 million (Q3 2025) and $15.65 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 1.39 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 2.09 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 3.40 Bn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 4.84 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 953.76 Mn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 2.40 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 8.36 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | - |
| 10 | Goldgroup Mining | 534.22 Mn | 455.72 Mn | 19.05 Mn | 24.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 24.90 Mn |
| Dec 31, 2025 | 24.87 Mn |
| Sep 30, 2025 | 18.66 Mn |
| Jun 30, 2025 | 15.65 Mn |
| Mar 31, 2025 | 13.81 Mn |
| Dec 31, 2024 | 19.03 Mn |
| Sep 30, 2024 | 21.94 Mn |
| Jun 30, 2024 | 24.37 Mn |
| Mar 31, 2024 | 20.87 Mn |
| Dec 31, 2023 | 23.81 Mn |
| Sep 30, 2023 | 24.93 Mn |
| Jun 30, 2023 | 26.95 Mn |
| Mar 31, 2023 | 27.27 Mn |
| Dec 31, 2022 | 27.79 Mn |
| Sep 30, 2022 | 26.05 Mn |
| Jun 30, 2022 | 29.05 Mn |
| Mar 31, 2022 | 26.09 Mn |
| Dec 31, 2021 | 25.02 Mn |
| Sep 30, 2021 | 20.78 Mn |
| Jun 30, 2021 | 23.96 Mn |
Goldgroup Mining Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GORO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "GORO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=GORO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();