McEwen Mining Inc. (MUX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MUX Revenue Growth
Revenue Breakdown (FY 2025)
MUX's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MUX Revenue Analysis (2014–2025)
As of May 8, 2026, McEwen Mining Inc. (MUX) generated trailing twelve-month (TTM) revenue of $161.9 million, reflecting significant decline in growth of -100.0% year-over-year. The most recent quarter (Q1 2026) recorded $0 in revenue, down 100.0% sequentially.
Looking at the longer-term picture, MUX's 5-year compound annual growth rate (CAGR) stands at +13.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $197.6 million in 2025, representing a new all-time high.
Revenue diversification analysis shows MUX's business is primarily driven by United States Reportable Segment (59%), Canada Reportable Segment (38%), and Mexico Reportable Segment (2%). With over half of revenue concentrated in United States Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including EXK (+46.1% YoY), HL (+57.0% YoY), and CDE (+113.7% YoY), MUX has underperformed the peer group in terms of revenue growth. Compare MUX vs EXK →
MUX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MUXCurrent | $162M | -100.0% | +13.5% | -6.5% | |
 EXK | $218M | +46.1% | +12.3% | 3.8% | |
 HL | $1.4B | +57.0% | +15.5% | 37.5% | |
 CDE | $2.1B | +113.7% | +21.4% | 36.3% | |
 PAAS | $3.7B | +34.3% | +22.4% | 32.3% | |
 AG | $1.3B | +125.1% | +28.4% | 27.8% |
MUX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $197.6M | +13.2% | $21.7M | 11.0% | $-12,925,000 | -6.5% |
| 2024 | $174.5M | +5.0% | $30.9M | 17.7% | $-50,572,000 | -29.0% |
| 2023 | $166.2M | +50.5% | $17.8M | 10.7% | $-162,063,000 | -97.5% |
| 2022 | $110.4M | -19.1% | $-544,000 | -0.5% | $-95,437,000 | -86.4% |
| 2021 | $136.5M | +30.3% | $-6,480,000 | -4.7% | $-64,280,000 | -47.1% |
| 2020 | $104.8M | -10.5% | $-26,948,000 | -25.7% | $-153,174,000 | -146.2% |
| 2019 | $117.0M | -9.2% | $9.0M | 7.7% | $-63,914,000 | -54.6% |
| 2018 | $128.8M | +90.2% | $32.1M | 24.9% | $-47,189,000 | -36.6% |
| 2017 | $67.7M | +12.1% | $18.7M | 27.6% | $-26,286,000 | -38.8% |
| 2016 | $60.4M | -17.2% | $24.9M | 41.2% | $15.3M | 25.4% |
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Start ComparisonMUX — Frequently Asked Questions
Quick answers to the most common questions about buying MUX stock.
Is MUX's revenue growth accelerating or slowing?
MUX revenue declined -100.0% year-over-year, contrasting with the 5-year CAGR of +13.5%. TTM revenue fell to $162M. This reverses the prior growth trend.
What is MUX's long-term revenue growth rate?
McEwen Mining Inc.'s 5-year revenue CAGR of +13.5% reflects the variable expansion pattern. Current YoY growth of -100.0% is below this long-term average.
How is MUX's revenue distributed by segment?
MUX 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.