McEwen (MUX) Cost of Revenue (2012 - 2026)
McEwen (MUX) posted quarterly Cost of Revenue of $35.6 million for Q1 2026, up 81.81% year-over-year from $19.6 million in Q1 2025, and down 11.31% quarter-over-quarter from $40.2 million in Q4 2025.
McEwen (MUX) Cost of Revenue (2012 - 2026) Analysis & Trends
McEwen's Cost of Revenue history runs 15 years deep, the most recent figure standing at $35.6 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 81.81% year-over-year to $35.6 million; the TTM figure through Mar 2026 stood at $138.8 million (up 28.75% YoY), while the FY2025 annual figure was $122.8 million, up 8.34% from the prior year.
- Cost of Revenue for Q1 2026 stood at $35.6 million, down from $40.2 million in the prior quarter.
- The five-year high for Cost of Revenue was $75.3 million in Q4 2022, with the low at $3.9 million in Q1 2022.
- The 5-year median for Cost of Revenue is $27.7 million (2025), against an average of $30.2 million.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue plunged 83.55% in 2022, then surged 503.43% in 2023.
- McEwen's Cost of Revenue stood at $75.3 million in 2022, then sank by 47.93% to $39.2 million in 2023, then slumped by 32.49% to $26.5 million in 2024, then surged by 51.91% to $40.2 million in 2025, then slipped by 11.31% to $35.6 million in 2026.
- Business Quant data shows MUX's Cost of Revenue at $35.6 million in Q1 2026, $40.2 million in Q4 2025, and $35.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Hecla Mining | 13.93 Bn | 13.44 Bn | 332.52 Mn | 1.33 Mn |
| 2 | Buenaventura Mining | 8.96 Bn | 7.95 Bn | - | - |
| 3 | Triple Flag Precious Metals | 6.96 Bn | 6.95 Bn | 88.25 Mn | 40.97 Mn |
| 4 | Perpetua Resources | 3.21 Bn | 3.21 Bn | - | - |
| 5 | Solaris Resources | 1.49 Bn | 1.44 Bn | - | - |
| 6 | Elemental Royalty | 1.43 Bn | 1.36 Bn | 15.71 Mn | 8.62 Mn |
| 7 | McEwen | 1.26 Bn | 1.16 Bn | 20.08 Mn | 31.15 Mn |
| 8 | Versamet Royalties | 1.14 Bn | 1.14 Bn | 13.99 Mn | 5.60 Mn |
| 9 | Metalla Royalty & Streaming | 1.04 Bn | 1.03 Bn | 4.75 Mn | - |
| 10 | Integra Resources | 551.63 Mn | 445.00 Mn | 24.85 Mn | 27.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.15 Mn |
| Jun 30, 2026 | 31.15 Mn |
| Mar 31, 2026 | 35.64 Mn |
| Mar 31, 2026 | 35.64 Mn |
| Dec 31, 2025 | 40.19 Mn |
| Dec 31, 2025 | 40.19 Mn |
| Sep 30, 2025 | 35.23 Mn |
| Sep 30, 2025 | 35.23 Mn |
| Jun 30, 2025 | 27.73 Mn |
| Jun 30, 2025 | 27.73 Mn |
| Mar 31, 2025 | 19.61 Mn |
| Mar 31, 2025 | 19.61 Mn |
| Dec 31, 2024 | 26.46 Mn |
| Dec 31, 2024 | 26.46 Mn |
| Sep 30, 2024 | 29.68 Mn |
| Sep 30, 2024 | 29.68 Mn |
| Jun 30, 2024 | 32.07 Mn |
| Jun 30, 2024 | 32.07 Mn |
| Mar 31, 2024 | 25.11 Mn |
| Mar 31, 2024 | 25.11 Mn |