Equinox Gold Corp. income statement
In fiscal 2025, Equinox Gold Corp. reported revenue of $1.82bn, up 99.1% on the year before, operating income of $432m (a 23.8% margin) and net income of $221m, or $0.35 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 30 | 282 | 845 | 1,082 | 952 | 1,088 | 913 | 1,817 |
| Cost of revenue | — | — | 555 | 852 | 867 | 979 | 707 | 1,174 |
| Gross profit | — | — | 290 | 231 | 85 | 109 | 206 | 643 |
| Operating income | −35 | 55 | 173 | 146 | 10 | 50 | 152 | 432 |
| Interest expense | 18 | 17 | 1 | 2 | 2 | 4 | 5 | 8 |
| Income before tax | −37 | −13 | 43 | 535 | −98 | 15 | 533 | 131 |
| Income tax | 2 | 7 | 21 | −20 | 8 | −14 | 273 | 150 |
| Net income | −66 | −18 | 21 | 555 | −106 | 29 | 339 | 221 |
| Diluted EPS | — | −$0.08 | $0.10 | $1.69 | −$0.35 | $0.09 | $0.75 | $0.35 |
| Diluted shares (average) | 185m | 224m | 218m | 334m | 304m | 316m | 474m | 630m |
| EBITDA | −31 | 94 | 305 | 343 | 198 | 265 | 262 | 772 |
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