Mako Mining (MAKO) Operating Expenses (2024 - 2026)
Mako Mining (MAKO) reported Operating Expenses of -$5.0 million for Q1 2026, down 123.09% year-over-year from $21.8 million in Q1 2025, and down 8.65% quarter-over-quarter from -$4.6 million in Q4 2025.
Mako Mining (MAKO) Operating Expenses (2024 - 2026) Analysis & Trends
Mako Mining (MAKO) has 3 years of Operating Expenses data on file, last reported at -$5.0 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at -$5.0 million, down 123.09% year-over-year; the trailing twelve-month figure through Mar 2026 was -$9.5 million (changed N/A YoY), and the FY2025 annual result was -$14.4 million, down 265.93% from the prior year.
- Operating Expenses declined to -$5.0 million in Q1 2026 per MAKO's latest filing, from -$4.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $2.4 million in Q4 2024 and troughed at -$5.0 million in Q1 2026.
- A 3-year average of -$2.4 million and a median of -$3.4 million in 2025 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses tumbled 293.56% in 2025, then plunged 123.09% in 2026.
- A 3-year view of Operating Expenses shows it stood at $2.4 million in 2024, then plunged by 293.56% to -$4.6 million in 2025, then decreased by 8.65% to -$5.0 million in 2026.
- Business Quant data shows MAKO's Operating Expenses at -$5.0 million in Q1 2026, -$4.6 million in Q4 2025, and -$2.3 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Mako Mining | 1.18 Mn | -93.57 Mn | 30.15 Mn | -5.02 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.02 Mn |
| Dec 31, 2025 | -4.62 Mn |
| Mar 31, 2025 | -2.25 Mn |
| Dec 31, 2024 | 2.39 Mn |