Mako Mining (MAKO) Operating Expenses (2024 - 2026)
Mako Mining's (MAKO) quarterly Operating Expenses came in at -$6.6 million in Q2 2026, down 37.01% year-over-year from -$10.5 million in Q2 2025, and up 4.3% quarter-over-quarter from -$6.9 million in Q1 2026.
Analysis
Mako Mining (MAKO) Operating Expenses (2024 - 2026) Analysis & Trends
Mako Mining (MAKO) has reported Operating Expenses for 3 consecutive years, with -$6.6 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 37.01% year-over-year to -$6.6 million in Q2 2026; TTM through Jun 2026 was -$24.7 million, a N/A change from a year earlier, with the FY2025 full-year figure at -$20.2 million, down 69.33% from the prior year.
- Operating Expenses was -$6.6 million for Q2 2026 at Mako Mining, up from -$6.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $3.3 million in Q4 2024 and troughed at -$6.9 million in Q1 2026.
- A 3-year average of -$4.1 million and a median of -$5.6 million in 2025 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses tumbled 293.23% in 2025 and sank 37.01% in 2026, its largest moves.
- Over 3 years, Operating Expenses stood at $3.3 million in 2024, then plunged by 293.23% to -$6.4 million in 2025, then fell by 2.25% to -$6.6 million in 2026.
- The last three Operating Expenses figures came in at -$6.6 million (Q2 2026), -$6.9 million (Q1 2026), and -$6.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Barrick Mining | 76.06 Bn | 70.13 Bn | 2.90 Bn | 165.00 Mn |
| 3 | AngloGold Ashanti | 55.29 Bn | 52.34 Bn | 1.70 Bn | -37.00 Mn |
| 4 | Alamos Gold | 15.55 Bn | 14.87 Bn | 587.30 Mn | 18.20 Mn |
| 5 | Iamgold | 11.83 Bn | 11.33 Bn | 415.10 Mn | -29.60 Mn |
| 6 | Eldorado Gold | 9.03 Bn | 8.47 Bn | 302.67 Mn | 47.90 Mn |
| 7 | Buenaventura Mining | 8.95 Bn | 7.99 Bn | - | - |
| 8 | Equinox Gold | 8.08 Bn | 8.24 Bn | 428.20 Mn | 341.60 Mn |
| 9 | B2Gold | 7.32 Bn | 7.32 Bn | 308.29 Mn | -139.73 Mn |
| 10 | Mako Mining | 839.51 Mn | 727.48 Mn | 30.83 Mn | -6.59 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.59 Mn |
| Mar 31, 2026 | -6.89 Mn |
| Dec 31, 2025 | -6.45 Mn |
| Jun 30, 2025 | -4.81 Mn |
| Mar 31, 2025 | -3.23 Mn |
| Dec 31, 2024 | 3.34 Mn |