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
DateValue
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%