Trx Gold (TRX) Gross Margin (2022 - 2026)

Trx Gold (TRX) reported Gross Margin of 61.79% for Q1 2026, up 3824.0% on a YoY basis from 1.57% in Q1 2025, and up 9.17% quarter-over-quarter from 56.6% in Q4 2025.

Trx Gold (TRX) Gross Margin (2022 - 2026) Analysis & Trends

Trx Gold has reported Gross Margin for 5 years, with the latest figure at 61.79% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 3824.0% year-over-year to 61.79%; the trailing twelve-month figure through Feb 2026 stood at 54.88% (up 1542.0% YoY), and the FY2025 full-year result was 41.55%, down 104308.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 61.79%, up from 56.6% in the prior quarter.
  • The five-year high for Gross Margin was 73.1% in Q2 2022, with the low at 23.54% in Q1 2025.
  • Historically, Gross Margin has averaged 47.93% across 5 years, with a median of 48.36% in 2024.
  • Annual changes were most pronounced in 2023 — Gross Margin sank 3142 bps — and 2026, when it jumped 3824 bps.
  • Trx Gold's Gross Margin 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 increased by 9 bps to 61.79% in 2026.
  • The last three Gross Margin figures came in at 61.79% (Q1 2026), 56.6% (Q4 2025), and 53.51% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 59.77%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 77.58%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 74.11%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 59.87%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 99.74%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 60.04%
10 Trx Gold 69.54 2.50 Mn 21.05 Mn 61.79%

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 54.66%
May 31, 2022 73.10%
Feb 28, 2022 56.72%