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