Mako Mining (MAKO) Cost of Revenue (2024 - 2026)

Mako Mining (MAKO) posted quarterly Cost of Revenue of $19.9 million for Q1 2026, up 89.99% YoY from $10.5 million in Q1 2025, and up 50.6% sequentially from $13.2 million in Q4 2025.

Mako Mining (MAKO) Cost of Revenue (2024 - 2026) Analysis & Trends

Mako Mining has disclosed Cost of Revenue across 3 years of filings, most recently posting $19.9 million for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 89.99% year-over-year to $19.9 million; the TTM figure through Mar 2026 stood at $51.3 million (changed N/A YoY), while the FY2025 annual figure was $73.5 million, up 60.76% from the prior year.
  • Cost of Revenue rose to $19.9 million in Q1 2026, from $13.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for MAKO reached as high as $19.9 million in Q1 2026 and fell as low as $7.8 million in Q4 2024.
  • The 3-year median for Cost of Revenue is $11.8 million (2025), against an average of $12.8 million.
  • Annual changes were most pronounced in 2025 — Cost of Revenue jumped 68.48% — and 2026, when it surged 89.99%.
  • A 3-year view of Cost of Revenue shows it stood at $7.8 million in 2024, then jumped by 68.48% to $13.2 million in 2025, then surged by 50.6% to $19.9 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $19.9 million, $13.2 million, and $10.5 million for Q1 2026, Q4 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 2.10 Bn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 13.02 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 19.00 Mn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 3.34 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 202.10 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 16.23 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 46.50 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 966.20 Mn
10 Mako Mining 657,269.95 -94.09 Mn 30.15 Mn 19.87 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.87 Mn
Mar 31, 2026 19.87 Mn
Dec 31, 2025 13.19 Mn
Dec 31, 2025 13.19 Mn
Mar 31, 2025 10.46 Mn
Mar 31, 2025 10.46 Mn
Dec 31, 2024 7.83 Mn
Dec 31, 2024 7.83 Mn