Mako Mining (MAKO) Gross Margin (2024 - 2026)
Mako Mining's (MAKO) quarterly Gross Margin came in at 49.25% in Q2 2026, up 20.0% year-over-year from 41.04% in Q2 2025, and down 18.31% quarter-over-quarter from 60.29% in Q1 2026.
Analysis
Mako Mining (MAKO) Gross Margin (2024 - 2026) Analysis & Trends
Mako Mining (MAKO) has reported Gross Margin for 3 consecutive years, with 49.25% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 20.0% year-over-year to 49.25% in Q2 2026; TTM through Jun 2026 was 54.81%, a N/A change from a year earlier, with the FY2025 full-year figure at 50.54%, down 9.0% from the prior year.
- Gross Margin was 49.25% for Q2 2026 at Mako Mining, down from 60.29% in the prior quarter.
- Over five years, Gross Margin peaked at 60.29% in Q1 2026 and troughed at 49.05% in Q2 2025.
- A 3-year average of 54.43% and a median of 54.67% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 747 bps in 2026, down 20 bps in 2026.
- Over 3 years, Gross Margin stood at 56.52% in 2024, then increased by 4 bps to 58.69% in 2025, then slipped by 16 bps to 49.25% in 2026.
- The last three Gross Margin figures came in at 49.25% (Q2 2026), 60.29% (Q1 2026), and 58.69% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 65.87% |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 54.74% |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | 54.86% |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 98.86% |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | 48.44% |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 62.09% |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | - |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 55.63% |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | - |
| 10 | Mako Mining | 839.51 Mn | 727.48 Mn | 30.83 Mn | 49.25% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.25% |
| Mar 31, 2026 | 60.29% |
| Dec 31, 2025 | 58.69% |
| Jun 30, 2025 | 49.05% |
| Mar 31, 2025 | 52.82% |
| Dec 31, 2024 | 56.52% |