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
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 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