Mako Mining (MAKO) Gross Margin (2024 - 2026)

Mako Mining (MAKO) posted quarterly Gross Margin of 60.29% for Q1 2026, up 747.0% YoY from 7.12% in Q1 2025, and up 2.72% sequentially from 58.69% in Q4 2025.

Mako Mining (MAKO) Gross Margin (2024 - 2026) Analysis & Trends

Mako Mining has disclosed Gross Margin across 3 years of filings, most recently posting 60.29% for Q1 2026.

  • In Q1 2026, Gross Margin rose 747.0% year-over-year to 60.29%; the TTM figure through Mar 2026 stood at 57.95% (changed N/A YoY), while the FY2025 annual figure was 50.54%, down 9.0% from the prior year.
  • Gross Margin advanced to 60.29% in Q1 2026, from 58.69% in the prior quarter.
  • Over the last five years, Gross Margin for MAKO reached as high as 60.29% in Q1 2026 and fell as low as 52.82% in Q1 2025.
  • The 3-year median for Gross Margin is 57.6% (2024), against an average of 57.08%.
  • Annual changes were most pronounced in 2025 — Gross Margin jumped 217 bps — and 2026, when it surged 747 bps.
  • A 3-year view of Gross Margin shows it stood at 56.52% in 2024, then rose by 4 bps to 58.69% in 2025, then gained by 3 bps to 60.29% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 60.29%, 58.69%, and 52.82% for Q1 2026, Q4 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 59.77%
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 61.79%
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 99.74%
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 86.39%
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 77.58%
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 54.68%
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 80.88%
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 59.87%
10 Mako Mining 657,269.95 -94.09 Mn 30.15 Mn 60.29%

Historic Data

Download Data
DateValue
Mar 31, 2026 60.29%
Dec 31, 2025 58.69%
Mar 31, 2025 52.82%
Dec 31, 2024 56.52%