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MARKETS / NYSE / EQX
NYSE · GOLD AND SILVER ORES

Equinox Gold Corp. EQX

8 fiscal years on record · USD · FY2025 reported · SEC filings only
$1.8B
▲ 99.1% YoY
$221.5M
▼ 34.7% YoY
$126.0M
In brief

What this company does

Equinox Gold's principal product is gold doré. Once refined, the principal buyers of the gold doré produced from its mines are international bullion banks, traders, and refiners. Equinox Gold has projects in Canada, the United States, Mexico, and Nicaragua. At the end of the most recently completed financial year, it had a total of 5,219 employees and 7,944 contractors. Its material assets are Greenstone and Valentine.

Written from the business description in Equinox Gold Corp.'s annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 1.8B
Revenue, FY2025 · full 8-year series below
Revenue $B Net income $B
FY2025 · Revenue 1.8 · Net income 0.2
0.8B1.6B20182019202020212022202320242025
Compound annual growth
+24.0%
+16.5%
+58.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +16.5% a year over five years — but profit grew faster: net income at +58.3%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
12 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 23.8% · Net 12.2%
20%40%-100%-200%20182019202020212022202320242025
ROE
FY2025 · ROE 4.8%
10%20%-5%-10%-15%20182019202020212022202320242025

Each USD of equity produced 5 cents of profit this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 126.0
50M100M-200M-400M20182019202020212022202320242025

Total assetsUSD 10.5B
EquityUSD 5.8B
CashUSD 430.0M
Gross debtUSD 1.6B
Net debtUSD 1.1B

Net debt stands at 19% of equity.

The 8-year record
8 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 20252024202320222021202020192018
Revenue $B1.80.91.11.01.10.80.30.0
Operating income $B0.40.20.00.00.10.20.1−0.0
EBITDA $B0.80.30.30.20.30.3··
Income tax $B0.20.3−0.00.0−0.00.00.00.0
Net income $B0.20.30.0−0.10.60.0−0.0−0.1
Free cash flow $B0.1−0.0−0.2−0.5−0.00.1−0.0−0.1
EPS, diluted $0.350.750.09−0.351.690.10−0.16·
Dividend / sh $········
Payout %········
ROE %4.811.61.2−4.327.52.2−4.6−16.6

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 37 reconciliationsAUDITED

Reconciled in 8 of 19 fiscal years. 58 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityGold and Silver Ores
Listed onNYSE
Incorporated inoutside the United States — SEC code A1
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2018

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