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
DateValue
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%