Mako Mining (MAKO) Gross Margin (2024 - 2026)
Mako Mining (MAKO) reported Gross Margin of 60.29% for Q1 2026, up 747.0% year-over-year from 7.12% in Q1 2025, and up 2.72% quarter-over-quarter from 58.69% in Q4 2025.
Mako Mining (MAKO) Gross Margin (2024 - 2026) Analysis & Trends
Mako Mining (MAKO) has 3 years of Gross Margin data on file, last reported at 60.29% in Q1 2026.
- Gross Margin for Q1 2026 came in at 60.29%, up 747.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 57.95% (changed N/A YoY), and the FY2025 annual result was 50.54%, down 9.0% from the prior year.
- Gross Margin rose to 60.29% in Q1 2026 per MAKO's latest filing, from 58.69% in the prior quarter.
- Over five years, Gross Margin peaked at 60.29% in Q1 2026 and troughed at 52.82% in Q1 2025.
- A 3-year average of 57.08% and a median of 57.6% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2025 and 2026: Gross Margin jumped 217 bps in 2025, then surged 747 bps in 2026.
- 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.
- Business Quant data shows MAKO's Gross Margin at 60.29% in Q1 2026, 58.69% in Q4 2025, and 52.82% in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 59.77% |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 77.58% |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 74.11% |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 59.87% |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 99.74% |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 60.04% |
| 10 | Mako Mining | 1.12 Mn | -93.63 Mn | 30.15 Mn | 60.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 60.29% |
| Dec 31, 2025 | 58.69% |
| Mar 31, 2025 | 52.82% |
| Dec 31, 2024 | 56.52% |