TRX Gold Corporation (TRX) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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TRX Revenue Growth
TRX Revenue Analysis (2014–2025)
As of May 8, 2026, TRX Gold Corporation (TRX) generated trailing twelve-month (TTM) revenue of $97.8 million, reflecting explosive growth of +103.5% year-over-year. The most recent quarter (Q1 2026) recorded $35.0 million in revenue, up 8.4% sequentially.
Looking at the longer-term picture, TRX's historical revenue data shows a 3-year CAGR of +60.4%. The company achieved its highest annual revenue of $79.1 million in 2025, representing a new all-time high.
When compared to Basic Materials sector peers including GORO (+44.0% YoY), EGO (+37.9% YoY), and SBSW (+9.9% YoY), TRX has outperformed the peer group in terms of revenue growth. Compare TRX vs GORO →
TRX Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| TRXCurrent | $98M | +103.5% | - | 27.5% | |
 GORO | $93M | +44.0% | +0.6% | 13.1% | |
 EGO | $1.9B | +37.9% | +12.5% | 41.5% | |
 SBSW | $120.1B | +9.9% | -1.2% | 18.5% |
TRX Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $79.1M | +41.4% | $32.9M | 41.5% | $21.8M | 27.5% |
| 2024 | $56.0M | +8.2% | $24.1M | 43.1% | $15.0M | 26.8% |
| 2023 | $51.7M | +169.5% | $24.1M | 46.6% | $14.3M | 27.6% |
| 2022 | $19.2M | - | $11.7M | 61.1% | $413K | 2.2% |
| 2021 | $0 | - | $-417,598 | - | $-9,773,808 | - |
| 2020 | $0 | - | $-227,519 | - | $-7,961,176 | - |
| 2019 | $0 | - | $-364,636 | - | $-5,058,476 | - |
| 2018 | $0 | - | $-396,407 | - | $-4,991,782 | - |
| 2017 | $0 | - | $-430,992 | - | $-5,147,014 | - |
| 2016 | $0 | - | $-500,174 | - | $-2,932,650 | - |
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Start ComparisonTRX — Frequently Asked Questions
Quick answers to the most common questions about buying TRX stock.
Is TRX's revenue growth accelerating or slowing?
TRX revenue is accelerating at +103.5% year-over-year, exceeding the 5-year CAGR of N/A. TTM revenue reached $98M. Growth momentum has increased versus prior periods.
What is TRX's long-term revenue growth rate?
TRX Gold Corporation's 5-year revenue CAGR of N/A reflects the sustained expansion pattern. Current YoY growth of +103.5% is above this long-term average.
How is TRX's revenue distributed by segment?
TRX 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.