New Gold Inc. /FI (NGD) Gross Margin (2009 - 2025)
New Gold (NGD) posted quarterly Gross Margin of 69.14% for Q4 2025, up 3363.0% year-over-year from 2.0% in Q4 2024, and up 22.14% quarter-over-quarter from 56.61% in Q3 2025.
New Gold Inc. /FI (NGD) Gross Margin (2009 - 2025) Analysis & Trends
New Gold (NGD) has reported Gross Margin for 17 consecutive years, with 69.14% the latest figure, recorded in Q4 2025.
- In Q4 2025, Gross Margin rose 3363.0% year-over-year to 69.14%; the TTM figure through Dec 2025 stood at 53.16% (up 2712.0% YoY), while the FY2025 annual figure was 53.16%, up 2712.0% from the prior year.
- Gross Margin rose to 69.14% in Q4 2025 per NGD's latest filing, from 56.61% in the prior quarter.
- Across five years, Gross Margin topped out at 69.14% in Q4 2025 and bottomed at 2.77% in Q2 2022.
- Historically, Gross Margin has averaged 22.39% across 5 years, with a median of 17.7% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 2890 bps — and 2025, when it soared 3363 bps.
- New Gold's Gross Margin stood at 25.52% in 2021, then plunged by 95 bps to 1.23% in 2022, then surged by 407 bps to 6.22% in 2023, then jumped by 470 bps to 35.51% in 2024, then surged by 95 bps to 69.14% in 2025.
- Business Quant data shows NGD's Gross Margin at 69.14% in Q4 2025, 56.61% in Q3 2025, and 42.61% in Q2 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 69.14% |
| Sep 30, 2025 | 56.61% |
| Jun 30, 2025 | 42.61% |
| Mar 31, 2025 | 23.19% |
| Dec 31, 2024 | 35.51% |
| Sep 30, 2024 | 34.17% |
| Jun 30, 2024 | 17.83% |
| Mar 31, 2024 | 11.76% |
| Dec 31, 2023 | 6.22% |
| Sep 30, 2023 | 17.39% |
| Jun 30, 2023 | 13.67% |
| Mar 31, 2023 | 14.53% |
| Dec 31, 2022 | 1.23% |
| Sep 30, 2022 | -2.12% |
| Jun 30, 2022 | -2.77% |
| Mar 31, 2022 | 17.57% |
| Dec 31, 2021 | 25.52% |
| Sep 30, 2021 | 23.97% |
| Jun 30, 2021 | 26.14% |
| Mar 31, 2021 | 15.71% |