Triple Flag Precious Metals (TFPM) Gross Margin (2021 - 2026)
Triple Flag Precious Metals (TFPM) reported Gross Margin of 72.03% for Q1 2026, up 1132.0% on a YoY basis from 5.85% in Q1 2025, and down 1.07% quarter-over-quarter from 72.82% in Q4 2025.
Triple Flag Precious Metals (TFPM) Gross Margin (2021 - 2026) Analysis & Trends
Triple Flag Precious Metals has reported Gross Margin for 6 years, with the latest figure at 72.03% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1132.0% year-over-year to 72.03%; the trailing twelve-month figure through Mar 2026 stood at 70.02% (up 1135.0% YoY), and the FY2025 full-year result was 67.64%, up 994.0% from the prior year.
- Gross Margin for Q1 2026 stood at 72.03%, down from 72.82% in the prior quarter.
- The five-year high for Gross Margin was 72.82% in Q4 2025, with the low at 49.77% in Q3 2024.
- Historically, Gross Margin has averaged 59.74% across 5 years, with a median of 58.37% in 2022.
- Annual changes were most pronounced in 2023 — Gross Margin sank 708 bps — and 2025, when it jumped 1878 bps.
- Triple Flag Precious Metals' Gross Margin stood at 55.73% in 2022, then retreated by 8 bps to 51.24% in 2023, then grew by 22 bps to 62.5% in 2024, then rose by 17 bps to 72.82% in 2025, then slipped by 1 bps to 72.03% in 2026.
- The last three Gross Margin figures came in at 72.03% (Q1 2026), 72.82% (Q4 2025), and 68.54% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Triple Flag Precious Metals | 37.84 Bn | 37.77 Bn | 77.21 Mn | 72.03% |
| 2 | Buenaventura Mining | 10.77 Bn | 10.77 Bn | - | - |
| 3 | Hecla Mining | 9.72 Bn | 9.11 Bn | 253.26 Mn | 61.55% |
| 4 | Perpetua Resources | 2.83 Bn | 2.83 Bn | - | - |
| 5 | Versamet Royalties | 2.41 Bn | 2.40 Bn | - | - |
| 6 | Metalla Royalty & Streaming | 2.10 Bn | 2.09 Bn | 2.79 Mn | - |
| 7 | Sibanye Stillwater | 1.84 Bn | 838.91 Mn | - | - |
| 8 | Avino Silver & Gold Mines | 1.57 Bn | 1.43 Bn | - | - |
| 9 | Solaris Resources | 1.41 Bn | 1.39 Bn | - | - |
| 10 | Platinum Group Metals | 1.34 Bn | 1.36 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.03% |
| Dec 31, 2025 | 72.82% |
| Sep 30, 2025 | 68.54% |
| Jun 30, 2025 | 66.25% |
| Mar 31, 2025 | 60.71% |
| Dec 31, 2024 | 62.50% |
| Sep 30, 2024 | 49.77% |
| Jun 30, 2024 | 61.19% |
| Mar 31, 2024 | 57.81% |
| Dec 31, 2023 | 51.24% |
| Sep 30, 2023 | 52.22% |
| Jun 30, 2023 | 51.24% |
| Dec 31, 2022 | 55.73% |
| Sep 30, 2022 | 58.42% |
| Jun 30, 2022 | 58.32% |
| Mar 31, 2022 | 57.06% |
| Dec 31, 2021 | 55.83% |
| Sep 30, 2021 | 54.36% |