Trx Gold (TRX) Gross Margin (2009 - 2026)
Trx Gold's (TRX) quarterly Gross Margin came in at 59.21% in Q2 2026, up 2407.0% on a YoY basis from 2.36% in Q2 2025, and down 4.17% quarter-over-quarter from 61.79% in Q1 2026.
Analysis
Trx Gold (TRX) Gross Margin (2009 - 2026) Analysis & Trends
Trx Gold (TRX) has reported Gross Margin for 8 consecutive years, with 59.21% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 2407.0% year-over-year to 59.21%; the trailing twelve-month figure through May 2026 stood at 58.24% (up 2064.0% YoY), and the FY2025 full-year result was 41.55%, down 201.0% from the prior year.
- Gross Margin slipped to 59.21% in Q2 2026 per TRX's latest filing, from 61.79% in the prior quarter.
- Across five years, Gross Margin topped out at 73.1% in Q2 2022 and bottomed at 23.54% in Q1 2025.
- Historically, Gross Margin has averaged 49.34% across 5 years, with a median of 48.53% in 2023.
- The sharpest annual moves came in 2023 and 2026: Gross Margin slumped 3142 bps in 2023, then surged 3824 bps in 2026.
- Over 5 years, Gross Margin stood at 54.64% in 2022, then slipped by 28 bps to 39.53% in 2023, then retreated by 2 bps to 38.59% in 2024, then soared by 47 bps to 56.6% in 2025, then rose by 5 bps to 59.21% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 59.21%, 61.79%, and 56.6% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn | 65.87% |
| 2 | Barrick Mining | 74.21 Bn | 68.28 Bn | 2.90 Bn | 54.74% |
| 3 | AngloGold Ashanti | 53.00 Bn | 50.04 Bn | 1.70 Bn | 54.86% |
| 4 | Alamos Gold | 15.02 Bn | 14.34 Bn | 587.30 Mn | 98.86% |
| 5 | Iamgold | 11.58 Bn | 11.08 Bn | 415.10 Mn | 48.44% |
| 6 | Eldorado Gold | 8.69 Bn | 8.14 Bn | 302.67 Mn | 62.09% |
| 7 | Buenaventura Mining | 8.61 Bn | 7.65 Bn | - | - |
| 8 | Equinox Gold | 7.73 Bn | 7.88 Bn | 428.20 Mn | 55.63% |
| 9 | B2Gold | 7.12 Bn | 7.12 Bn | 308.29 Mn | - |
| 10 | Trx Gold | 52.54 Mn | 25.70 Mn | 19.45 Mn | 59.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 59.21% |
| Feb 28, 2026 | 61.79% |
| Nov 30, 2025 | 56.60% |
| Aug 31, 2025 | 53.51% |
| May 31, 2025 | 35.14% |
| Feb 28, 2025 | 23.54% |
| Nov 30, 2024 | 38.59% |
| Aug 31, 2024 | 48.36% |
| May 31, 2024 | 42.90% |
| Feb 29, 2024 | 40.98% |
| Nov 30, 2023 | 39.53% |
| Aug 31, 2023 | 44.43% |
| May 31, 2023 | 41.68% |
| Feb 28, 2023 | 48.71% |
| Nov 30, 2022 | 54.64% |
| Aug 31, 2022 | 68.73% |
| May 31, 2022 | 73.10% |
| Feb 28, 2022 | 56.72% |
| Aug 31, 2011 | 112.68% |
| May 31, 2011 | 55.02% |