Trx Gold (TRX) Operating Expenses (2009 - 2026)

Trx Gold (TRX) posted Operating Expenses of -$7.0 million for Q1 2026, down 150.32% quarter-over-quarter from -$2.8 million in Q4 2025, and down 76.73% year-on-year from -$30.1 million in Q1 2025.

Trx Gold (TRX) Operating Expenses (2009 - 2026) Analysis & Trends

Trx Gold (TRX) has reported Operating Expenses for 18 consecutive years, with -$7.0 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$7.0 million, down 76.73% year-over-year; the trailing twelve-month figure through Feb 2026 was $2.1 million (down 47.17% YoY), and the FY2025 annual result was $8.0 million, up 15.45% from the prior year.
  • Operating Expenses was -$7.0 million for Q1 2026 at Trx Gold, down from -$2.8 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $14.5 million in Q3 2025 and troughed at -$7.0 million in Q1 2026.
  • Average Operating Expenses over 5 years is $393577.2, with a median of -$2.0 million recorded in 2023.
  • Year-over-year, Operating Expenses sank 212.19% in 2022 and jumped 589.45% in 2023.
  • Over 5 years, Operating Expenses stood at -$2.0 million in 2022, then decreased by 8.89% to -$2.2 million in 2023, then slipped by 5.45% to -$2.3 million in 2024, then declined by 20.12% to -$2.8 million in 2025, then sank by 150.32% to -$7.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$7.0 million in Q1 2026, -$2.8 million in Q4 2025, and $14.5 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 155.00 Mn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -7.01 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 2.84 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -19.25 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 89.82 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -1.16 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 9.20 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 83.10 Mn
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -39,000.00

Historic Data

Download Data
DateValue
Feb 28, 2026 -7.01 Mn
Nov 30, 2025 -2.80 Mn
Aug 31, 2025 14.50 Mn
May 31, 2025 -2.56 Mn
Feb 28, 2025 -3.97 Mn
Nov 30, 2024 -2.33 Mn
Aug 31, 2024 12.25 Mn
May 31, 2024 -1.92 Mn
Feb 29, 2024 -1.77 Mn
Nov 30, 2023 -2.21 Mn
Aug 31, 2023 13.13 Mn
May 31, 2023 -1.63 Mn
Feb 28, 2023 -2.03 Mn
Nov 30, 2022 -2.03 Mn
Aug 31, 2022 1.91 Mn
May 31, 2022 -2.57 Mn
Feb 28, 2022 -2.28 Mn
Nov 30, 2021 -2.35 Mn
May 31, 2021 -1.68 Bn
Feb 28, 2021 2.03 Mn