Trx Gold (TRX) Cost of Revenue (2022 - 2026)
Trx Gold's Cost of Revenue was $13.4 million in the quarter ended May 31, 2026, up 65.6% from $8.09 million a year earlier and up 2.9% from the prior quarter.
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Analysis
Trx Gold (TRX) Cost of Revenue (2022 - 2026) Analysis & Trends
On a trailing twelve-month basis, Trx Gold's Cost of Revenue was $48.25 million through May 31, 2026, up 62.0% year-over-year; for the year ended Aug 31, 2025, it came in at $33.68 million, up 45.0% from the prior year.
- Cost of Revenue has now increased for three consecutive years, with a three-year compound annual growth rate of 80.6% (years ended Aug 2022 to Aug 2025).
- In earlier years, Cost of Revenue was $23.23 million in the year ended Aug 31, 2024 (+15.4%), $20.13 million in the year ended Aug 31, 2023 (+252.2%) and $5.72 million in the year ended Aug 31, 2022.
- The figure for the quarter ended May 31, 2026 marks the highest quarterly Cost of Revenue in data going back to the quarter ended Feb 28, 2022.
- Compared with a year earlier, Cost of Revenue has increased for nine straight quarters, with growth averaging 51.3% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was the quarter ended Feb 28, 2023 (growth of 258.9%); the worst was the quarter ended Feb 29, 2024 (a decline of 9.0%).
- Per Business Quant data, TRX's Cost of Revenue in the three quarters before the quarter ended May 31, 2026 was $13.02 million (quarter ended Feb 28, 2026), $10.9 million (quarter ended Nov 30, 2025) and $10.93 million (quarter ended Aug 31, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | 1.39 Bn |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 2.09 Bn |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 3.40 Bn |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 4.84 Bn |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 953.76 Mn |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 2.40 Bn |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 8.36 Bn |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | - |
| 10 | Trx Gold | 56.51 Mn | 19.53 Mn | 19.45 Mn | 13.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 13.40 Mn |
| Feb 28, 2026 | 13.02 Mn |
| Nov 30, 2025 | 10.90 Mn |
| Aug 31, 2025 | 10.93 Mn |
| May 31, 2025 | 8.09 Mn |
| Feb 28, 2025 | 6.96 Mn |
| Nov 30, 2024 | 7.69 Mn |
| Aug 31, 2024 | 7.04 Mn |
| May 31, 2024 | 5.80 Mn |
| Feb 29, 2024 | 4.71 Mn |
| Nov 30, 2023 | 5.69 Mn |
| Aug 31, 2023 | 5.11 Mn |
| May 31, 2023 | 5.43 Mn |
| Feb 28, 2023 | 5.18 Mn |
| Nov 30, 2022 | 4.41 Mn |
| Aug 31, 2022 | 2.73 Mn |
| May 31, 2022 | 1.54 Mn |
| Feb 28, 2022 | 1.44 Mn |
API Access
Trx Gold 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=TRX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TRX", "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=TRX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();