Equinox Gold (EQX) revenue breakdown

Basic Materials · Gold · Market cap $7.6B

By segment, Greenstone is the largest at 43% of fiscal 2025 revenue, growing 179% a year over 1 years.

By product, Gold is the largest at 99% of fiscal 2025 revenue, growing 16% a year over 5 years.

Revenue by segment

Fiscal years, as Equinox Gold reports them in its 10-K filings; fiscal 2025 total $1.8B.

Segments2019202020212022202320242025Share
Greenstone—————$278M$778M 43%
Nicaragua——————$492M 27%
Mesquite$178M$246M$249M$220M$168M$173M$287M 16%
Los Filos—$106M$257M$238M$306M$412M$109M 6%
Valentine——————$81M 4%
Pan——————$42M 2%
Castle Mountain—$9M$46M$42M$41M$49M$30M 2%
Aurizona$104M$230M$243M$183M$233M—— —
Fazenda—$92M$108M$116M$128M—— —
Santa Luz———$65M$110M—— —
RDM—$107M$106M$58M$102M—— —
Minera Mercedes Minerales, S. de. R.L. de C.V.——$57M$29M——— —
Corporate and other—$56M$17M———— —

Revenue by product

Fiscal years, as Equinox Gold reports them in its 10-K filings; fiscal 2025 total $1.8B.

Products202020212022202320242025Share
Gold$844M$1.1B$949M$1.1B$911M$1.8B 99%
Silver$1M$3M$3M$2M$2M$10M 1%

Revenue by region

Fiscal years, as Equinox Gold reports them in its 10-K filings; fiscal 2020 total $843M.

Regions20192020Share
Brazil$104M$484M 58%
United States$178M$252M 30%
Mexico—$106M 13%
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Questions

Where does Equinox Gold make its money?

In fiscal 2025, by segment: Greenstone $778M, Nicaragua $492M, Mesquite $287M, Los Filos $109M, Valentine $81M.

From Equinox Gold's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.