Caledonia Mining Corporation Plc (CMCL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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CMCL Revenue Growth
CMCL Revenue Analysis (2014–2025)
As of May 8, 2026, Caledonia Mining Corporation Plc (CMCL) generated trailing twelve-month (TTM) revenue of $263.9 million, reflecting explosive growth of +49.4% year-over-year. The most recent quarter (Q4 2025) recorded $71.0 million in revenue, down 0.6% sequentially.
Looking at the longer-term picture, CMCL's 5-year compound annual growth rate (CAGR) stands at +20.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $254.1 million in 2025, representing a new all-time high.
When compared to Basic Materials sector peers including BTG (+60.9% YoY), EGO (+37.9% YoY), and GORO (+44.0% YoY), CMCL has underperformed the peer group in terms of revenue growth. Compare CMCL vs BTG →
CMCL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CMCLCurrent | $264M | +49.4% | +20.5% | 45.5% | |
 BTG | $3.1B | +60.9% | +11.3% | 45.9% | |
 EGO | $1.9B | +37.9% | +12.5% | 41.5% | |
 GORO | $93M | +44.0% | +0.6% | 13.1% | |
 MUX | $198M | -4.2% | +13.5% | -6.5% | |
 AEM | $11.9B | +44.2% | +29.2% | 53.1% |
CMCL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $254.1M | +38.9% | $137.1M | 54.0% | $115.6M | 45.5% |
| 2024 | $183.0M | +25.1% | $77.0M | 42.1% | $43.7M | 23.9% |
| 2023 | $146.3M | +3.0% | $41.5M | 28.4% | $11.0M | 7.5% |
| 2022 | $142.1M | +17.1% | $61.8M | 43.5% | $30.2M | 21.2% |
| 2021 | $121.3M | +21.3% | $54.1M | 44.6% | $36.1M | 29.8% |
| 2020 | $100.0M | +31.9% | $46.7M | 46.7% | $40.7M | 40.7% |
| 2019 | $75.8M | +10.9% | $31.1M | 41.1% | $60.9M | 80.3% |
| 2018 | $68.4M | -2.0% | $21.6M | 31.6% | $21.4M | 31.3% |
| 2017 | $69.8M | +12.5% | $26.3M | 37.7% | $20.6M | 29.6% |
| 2016 | $62.0M | +26.6% | $23.5M | 37.9% | $16.4M | 26.5% |
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Start ComparisonCMCL — Frequently Asked Questions
Quick answers to the most common questions about buying CMCL stock.
Is CMCL's revenue growth accelerating or slowing?
CMCL revenue is accelerating at +49.4% year-over-year, exceeding the 5-year CAGR of +20.5%. TTM revenue reached $264M. Growth momentum has increased versus prior periods.
What is CMCL's long-term revenue growth rate?
Caledonia Mining Corporation Plc's 5-year revenue CAGR of +20.5% reflects the sustained expansion pattern. Current YoY growth of +49.4% is above this long-term average.
How is CMCL's revenue distributed by segment?
CMCL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.