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% YoY from 2.36% in Q2 2025, and down 4.17% on a QoQ basis from 61.79% in Q1 2026.
Trx Gold (TRX) Gross Margin (2009 - 2026) Analysis & Trends
Trx Gold (TRX) has 10 years of Gross Margin data on file, last reported at 59.21% in Q2 2026.
- Quarterly Gross Margin rose 2407.0% year-over-year to 59.21% in Q2 2026, while the trailing twelve-month figure through May 2026 was 58.24% (up 2064.0% YoY) and the FY2025 annual result came in at 41.55%, down 201.0% from the prior year.
- Gross Margin declined to 59.21% in Q2 2026, from 61.79% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 73.1% in Q2 2022 to a low of 23.54% in Q1 2025.
- A 5-year average of 48.56% and a median of 48.53% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin sank 3142 bps — and 2026, when it jumped 3824 bps.
- Tracing TRX's Gross Margin over 5 years: stood at 54.64% in 2022, then retreated by 28 bps to 39.53% in 2023, then declined by 2 bps to 38.59% in 2024, then jumped by 47 bps to 56.6% in 2025, then grew by 5 bps to 59.21% in 2026.
- The last three Gross Margin figures came in at 59.21% (Q2 2026), 61.79% (Q1 2026), and 56.6% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 65.87% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 63.79% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 54.74% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 74.03% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 54.86% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 40.66% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 49.36% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 86.66% |
| 10 | Trx Gold | 42.30 Mn | 15.46 Mn | 19.45 Mn | 59.21% |
Historic Data
Download 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 | 54.66% |
| May 31, 2022 | 73.10% |
| Feb 28, 2022 | 56.72% |
| May 31, 2013 | 79.49% |
| Feb 28, 2013 | 99.17% |