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| Date | Value |
|---|---|
| Mar 31, 2026 | 60.29% |
| Dec 31, 2025 | 58.69% |
| Mar 31, 2025 | 52.82% |
| Dec 31, 2024 | 56.52% |