Triple Flag Precious Metals (TFPM) Cost of Revenue (2021 - 2026)
Triple Flag Precious Metals (TFPM) posted Cost of Revenue of $40.97 million for Q2 2026, up 29.0% from $31.75 million a year earlier but down 0.3% from the prior quarter.
Triple Flag Precious Metals (TFPM) Cost of Revenue (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at Triple Flag Precious Metals was $143.8 million, up 11.6% year-over-year; for FY2025, it came in at $125.79 million, up 10.6% from FY2024.
- Annual Cost of Revenue has increased for four consecutive years, with a four-year compound annual growth rate of 74.7% (FY2021 to FY2025).
- In prior years, Triple Flag Precious Metals' Cost of Revenue was $113.78 million in FY2024 (+11.6%), $101.95 million in FY2023 (+104.3%), $49.9 million in FY2022 (+269.8%) and $13.5 million in FY2021.
- Quarterly Cost of Revenue has run from a low of $3.44 million in Q3 2021 to a high of $41.11 million in Q1 2026 over five years.
- On a year-over-year basis, Cost of Revenue has increased in each of the last three quarters, with growth averaging 22.5% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q2 2023, with growth of 588.8%; the weakest was Q4 2022, with a decline of 62.8%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $41.11 million (Q1 2026), $32.33 million (Q4 2025) and $29.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.13 Bn | 110.49 Bn | - | - |
| 2 | Spdr Gold Trust | 133.82 Bn | -424.18 Bn | - | - |
| 3 | Blackstone | 84.08 Bn | 79.01 Bn | - | - |
| 4 | Brookfield | 82.97 Bn | -82.41 Bn | 4.47 Bn | 14.94 Bn |
| 5 | Kkr | 81.05 Bn | 47.53 Bn | - | - |
| 6 | Brookfield Asset Management | 71.64 Bn | 67.88 Bn | - | - |
| 7 | Apollo Global Management | 65.67 Bn | 3.35 Bn | 10.56 Bn | 594.00 Mn |
| 8 | Wheaton Precious Metals | 61.89 Bn | 57.32 Bn | 687.86 Mn | 241.35 Mn |
| 9 | Franco Nevada | 46.13 Bn | 43.49 Bn | 451.00 Mn | 45.90 Mn |
| 10 | Triple Flag Precious Metals | 6.32 Bn | 6.08 Bn | 88.25 Mn | 40.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.97 Mn |
| Mar 31, 2026 | 41.11 Mn |
| Dec 31, 2025 | 32.33 Mn |
| Sep 30, 2025 | 29.40 Mn |
| Jun 30, 2025 | 31.75 Mn |
| Mar 31, 2025 | 32.31 Mn |
| Dec 31, 2024 | 27.83 Mn |
| Sep 30, 2024 | 37.01 Mn |
| Jun 30, 2024 | 24.68 Mn |
| Mar 31, 2024 | 24.27 Mn |
| Dec 31, 2023 | 25.29 Mn |
| Sep 30, 2023 | 23.62 Mn |
| Jun 30, 2023 | 25.64 Mn |
| Mar 31, 2023 | 27.40 Mn |
| Dec 31, 2022 | 4.82 Mn |
| Sep 30, 2022 | 10.76 Mn |
| Jun 30, 2022 | 3.72 Mn |
| Mar 31, 2022 | 16.21 Mn |
| Dec 31, 2021 | 12.96 Mn |
| Sep 30, 2021 | 3.44 Mn |
Triple Flag Precious Metals Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TFPM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TFPM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TFPM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();