Equinox Gold Corp.
EQX Basic Materials Gold
Equinox Gold Corp.’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 99.1% from fiscal 2024.
- Revenue
- +169.3%
- EPS
- +480.0%
- Free cash flow
- −103.6%
- Total debt
- −67.3%
Quarter to June 2026, against a year earlier
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Equinox Gold Corp. (EQX) Gross margin
Equinox Gold Corp.'s gross margin over the twelve months to 30 June 2026 was 43.7%, up 8.3 percentage points from fiscal 2025 (35.4%). Over the past ten years it has ranged from −300.0% (fiscal 2016) to 35.4% (fiscal 2025) — the current reading is the highest in ten years. That is below the Gold industry median of 49.1% and above the Basic Materials sector median of 25.0%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 35.4% | 12.80 |
| FY2024 | 22.6% | 12.56 |
| FY2023 | 10.0% | 1.10 |
| FY2022 | 8.92% | (12.39) |
| FY2021 | 21.3% | (13.02) |
| FY2020 | 34.3% | 4.56 |
| FY2019 | 29.8% | 47.72 |
| FY2018 | −18.0% | (17.95) |
| FY2017 | 0.00% | 300.00 |
| FY2016 | −300.0% | — |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 39.2% | (11.72) |
| Mar 2026 | 50.9% | (3.72) |
| Dec 2025 | 54.6% | 20.44 |
| Sep 2025 | 34.2% | (0.75) |
| 24 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| RGLD Royal Gold, Inc. compare | 86.7% |
| OR OR Royalties Inc. compare | 84.9% |
| OGC Oceanagold Corp. compare | 64.2% |
| SSRM Silver Standard Resources Inc. compare | 62.7% |
| AUGO Aura Minerals Inc. compare | 60.0% |
| BTG B2Gold Corp compare | 49.1% |
| EQX Equinox Gold Corp. | 43.7% |
| HMY Harmony Gold Mining Company Limited compare | 15.4% |
| CDE Coeur Mining, Inc. compare | 0.00% |
| Gold industry median | 49.1% |
| Basic Materials sector median | 25.0% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
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