Trx Gold (TRX) Operating Expenses (2009 - 2026)
Trx Gold (TRX) reported Operating Expenses of -$7.0 million for Q1 2026, down 76.73% on a YoY basis from -$30.1 million in Q1 2025, and down 150.32% quarter-over-quarter from -$2.8 million in Q4 2025.
Trx Gold (TRX) Operating Expenses (2009 - 2026) Analysis & Trends
Trx Gold has reported Operating Expenses for 18 years, with the latest figure at -$7.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 76.73% year-over-year to -$7.0 million; the trailing twelve-month figure through Feb 2026 stood at $2.1 million (down 47.17% YoY), and the FY2025 full-year result was $8.0 million, up 15.45% from the prior year.
- Operating Expenses for Q1 2026 stood at -$7.0 million, down from -$2.8 million in the prior quarter.
- The five-year high for Operating Expenses was $15.9 million in Q3 2022, with the low at -$7.0 million in Q1 2026.
- Historically, Operating Expenses has averaged $1.2 million across 5 years, with a median of -$2.0 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 1775.17% — and 2023, when it soared 36.31%.
- Trx Gold's Operating Expenses stood at -$2.0 million in 2022, then declined by 8.89% to -$2.2 million in 2023, then fell by 5.45% to -$2.3 million in 2024, then decreased by 20.12% to -$2.8 million in 2025, then slumped by 150.32% to -$7.0 million in 2026.
- The last three Operating Expenses figures came in at -$7.0 million (Q1 2026), -$2.8 million (Q4 2025), and $14.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Trx Gold | 69.54 | 2.50 Mn | 21.05 Mn | -7.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 15.94 Mn |
| May 31, 2022 | -2.57 Mn |
| Feb 28, 2022 | -2.28 Mn |
| Nov 30, 2021 | -2.35 Mn |
| Aug 31, 2021 | 14.84 Mn |
| May 31, 2021 | 153,118.79 |