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EQX logoEquinox Gold Corp. (EQX) Earnings History

Annual and quarterly earnings data from 2007 to 2025

TTM Net Income
$225M
Profitable
TTM EPS
$0.36
Diluted
YoY EPS Growth
-47.1%
Declining
Net Margin
12.2%
Profitability
Operating Margin23.8%
Gross Margin25.0%
ROE4.9%
ROA2.6%
Highest Annual Net Income$555M (2021)
Highest Quarterly EPS$1.19 (Q2 2021)
Consecutive Profitable Years3 years
Q4 2025
Net Income$192M
EPS$0.26
QoQ Growth+127.3%Excellent

Loading earnings history...

EQX EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-47.1%
Declining
3-Year
N/A
N/M
5-Year
+29.2%
Excellent
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

EQX Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202525.0%23.8%12.2%
202420.1%15.7%22.4%
202310.0%4.6%2.7%
20228.9%1.1%-11.1%
202121.3%13.5%51.3%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Equinox Gold Corp. (EQX) Earnings Overview

As of May 7, 2026, Equinox Gold Corp. (EQX) reported trailing twelve-month net income of $225M, reflecting -47.1% year-over-year growth. The company earned $0.36 per diluted share over the past four quarters, with a net profit margin of 12.2%.

Looking at the long-term picture, EQX's 5-year EPS compound annual growth rate (CAGR) stands at +29.2%, indicating exceptional earnings growth. The company achieved its highest annual net income of $555M in fiscal 2021.

Equinox Gold Corp. maintains positive profitability with a gross margin of 25.0%, operating margin of 23.8%, and net margin of 12.2%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including KGC ($2.86B net income, 33.9% margin), IAG ($671M net income, 23.3% margin), CDE ($799M net income, 28.3% margin), EQX has room to improve margins relative to the peer group. Compare EQX vs KGC →

EQX Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
EQX logoEQXCurrent
$225M$0.3612.2%4.9%-47.1%—
KGC logoKGC
$2.9B$2.3833.9%31.0%+158.4%
IAG logoIAG
$671M$1.1523.3%17.7%-22.7%
CDE logoCDE
$799M-28.3%26.4%+500.0%
NGD logoNGD
$856M$1.0858.1%57.9%+671.4%
BTG logoBTG
$402M$0.2513.1%12.1%+158.3%
Best in group
Lowest in group

EQX Historical Earnings Data (2007–2025)

19 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$225M-33.6%$440M$0.3612.2%23.8%
2024$339M+1074.7%$238M$0.6822.4%15.7%
2023$29M+127.2%$50M$0.092.7%4.6%
2022-$106M-119.1%$10M$-0.35-11.1%1.1%
2021$555M+2389.6%$146M$1.6751.3%13.5%
2020$22M+221.4%$173M$0.102.6%20.5%
2019-$18M+63.2%$55M$-0.18-6.5%19.6%
2018-$50M-198.0%-$34M$-0.54-165.3%-112.5%
2017-$17M-595.8%-$31M$-0.19-108.1%-201.8%
2016-$2M+54.8%-$3M$-0.03-224.9%-317.8%

Full EQX Stock Analysis

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Is EQX Undervalued?

DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.

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Compare EQX vs LIN

Side-by-side business, growth, and profitability comparison vs Linde plc.

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EQX — Frequently Asked Questions

Quick answers to the most common questions about buying EQX stock.

Is EQX growing earnings?

EQX EPS fell to $0.36, with earnings declining -47.1%. This contrasts with the 5-year CAGR of +29.2%. TTM net income dropped to $225M.

What are EQX's profit margins?

Equinox Gold Corp. net margin is +12.2%, with operating margin at +23.8%. Margins sit within typical range for the sector.

How consistent are EQX's earnings?

EQX earnings data spans 2007-2025. The declining earnings trend is -47.1% YoY. Historical data enables comparison across business cycles.

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EQX Earnings Over Time (2014–2025)

Net income and EPS trends