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