Equinox Gold Corp. (EQX) Financial Statements
Historical financial data — 5 statements covering FY2021–FY2025
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration, and development of mineral properties, with a focus on gold. The company operates gold mines and a clear pl...
Equinox Gold Corp.'s revenue increased 99.1% year over year, from $912.8M to $1.82B.
Net income decreased 34.7% over the same period, from $339.3M to $221.5M.
Over the 4-year period from FY2021 to FY2025, revenue grew by 68% in total.
Total debt decreased by 54.3% to $839.1M.
The debt-to-equity ratio stands at 0.13, indicating a conservative leverage profile.
Operating cash flow grew 30.9% to $1.07B.
Equinox Gold Corp. maintains a healthy net profit margin of 12.2%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2021 | $1.08B | $554.9M | $414.3M | $151.0M | $56.5M | $3.86B | $873.1M | $2.35B |
| FY2022 | $952.2M-12.0% | $-106.0M | $262.7M | $10.4M | $358.5M | $4.35B | $1.00B | $2.44B |
| FY2023 | $1.09B+14.3% | $28.9M | $322.5M | $49.6M | $372.2M | $6.71B | $1.53B | $3.40B |
| FY2024 | $912.8M-16.1% | $339.3M | $315.3M | $152.5M | $818.3M | $10.54B | $1.84B | $5.80B |
| FY2025 | $1.82B+99.1% | $221.5M | $950.1M | $499.4M | $1.07B | $9.79B | $839.1M | $6.37B |
Balance Sheet Summary (Latest Period)
Equinox Gold Corp. (EQX) Financial Statements & Revenue History
Equinox Gold Corp. (EQX) is a US-listed stock operating in the Other sector trading at $12.80 with a market capitalization of $15. This page provides 5 historical financial statements for Equinox Gold Corp., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Equinox Gold Corp. reported revenue of $1.8 billion, representing 99.1% year-over-year growth. The net profit margin of 12.2% indicates moderate profitability. The debt-to-equity ratio of 0.13 shows conservative leverage.
EQX Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Equinox Gold Corp.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether EQX is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track EQX's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Equinox Gold Corp. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of EQX's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use EQX Financial Data
Investors use Equinox Gold Corp.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare EQX's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how EQX's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View EQX's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Equinox Gold Corp.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.EQX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.