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

Trx Gold (TRX) reported Net Margin of 59.8% for Q1 2026, down 3212.0% on a YoY basis from 1.92% in Q1 2025, and down 294.27% quarter-over-quarter from 30.78% in Q4 2025.

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

Trx Gold has reported Net Margin for 5 years, with the latest figure at 59.8% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 3212.0% year-over-year to 59.8%; the trailing twelve-month figure through Feb 2026 stood at 10.95% (down 823.0% YoY), and the FY2025 full-year result was 1.19%, up 2963.0% from the prior year.
  • Net Margin for Q1 2026 stood at 59.8%, down from 30.78% in the prior quarter.
  • The five-year high for Net Margin was 36.14% in Q4 2022, with the low at 59.8% in Q1 2026.
  • Historically, Net Margin has averaged 5.22% across 5 years, with a median of 1.75% in 2025.
  • The largest YoY upside for Net Margin was 6278 bps in 2023 against a maximum downside of 4795 bps in 2023.
  • Trx Gold's Net Margin stood at 36.14% in 2022, then plunged by 128 bps to 10.27% in 2023, then surged by 245 bps to 14.94% in 2024, then jumped by 106 bps to 30.78% in 2025, then sank by 294 bps to 59.8% in 2026.
  • The last three Net Margin figures came in at 59.8% (Q1 2026), 30.78% (Q4 2025), and 10.4% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 30.70%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 76.67%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 52.82%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 35.01%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 41.15%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 39.59%
10 Trx Gold 69.54 2.50 Mn 21.05 Mn -59.80%

Historic Data

Download Data
DateValue
Feb 28, 2026 -59.80%
Nov 30, 2025 30.78%
Aug 31, 2025 10.40%
May 31, 2025 -1.75%
Feb 28, 2025 -27.68%
Nov 30, 2024 14.94%
Aug 31, 2024 15.09%
May 31, 2024 -26.01%
Feb 29, 2024 13.53%
Nov 30, 2023 -10.27%
Aug 31, 2023 15.25%
May 31, 2023 -13.57%
Feb 28, 2023 -13.85%
Nov 30, 2022 36.14%
Aug 31, 2022 -47.53%
May 31, 2022 34.39%
Feb 28, 2022 -58.73%