Trx Gold (TRX) Gross Margin (2022 - 2026)
Trx Gold (TRX) posted Gross Margin of 61.79% for Q1 2026, up 9.17% quarter-over-quarter from 56.6% in Q4 2025, and up 3824.0% year-on-year from 1.57% in Q1 2025.
Trx Gold (TRX) Gross Margin (2022 - 2026) Analysis & Trends
Trx Gold (TRX) has reported Gross Margin for 5 consecutive years, with 61.79% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 61.79%, up 3824.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 54.88% (up 1542.0% YoY), and the FY2025 annual result was 41.55%, down 104308.0% from the prior year.
- Gross Margin was 61.79% for Q1 2026 at Trx Gold, up from 56.6% in the prior quarter.
- Over five years, Gross Margin peaked at 132.72% in Q3 2022 and troughed at 23.54% in Q1 2025.
- Average Gross Margin over 5 years is 51.24%, with a median of 46.39% recorded in 2024.
- Year-over-year, Gross Margin plunged 8828 bps in 2023 and soared 3824 bps in 2026.
- Over 5 years, Gross Margin stood at 54.64% in 2022, then dropped by 28 bps to 39.53% in 2023, then decreased by 2 bps to 38.59% in 2024, then jumped by 47 bps to 56.6% in 2025, then advanced by 9 bps to 61.79% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 61.79% in Q1 2026, 56.6% in Q4 2025, and 53.51% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 59.77% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 61.79% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 99.74% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 86.39% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 77.58% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 54.68% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 80.88% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 59.87% |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | 52.69% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 132.72% |
| Feb 28, 2022 | 56.72% |