Equinox Gold Corp. (EQX)
Equinox Gold Corp. reported revenue of $1.8B in fiscal 2025, up 99.1% from a year earlier. Net income was $221.5M, a net margin of 12.2%. Operating cash flow minus capital spending left $126M of free cash flow in fiscal 2025. At December 31, 2025 it held $430M in cash against $1.6B of debt. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 31, 2026.
Key facts about Equinox Gold Corp.
- Net worth
- Equinox Gold Corp. has a market value (market cap) of $9.1B at the latest share price, and shareholders' equity of $5.8B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $1.8B (+99.1% year on year), with net income of $221.5M.
- Cash flow
- In fiscal 2025 operations brought in $818.3M of cash; after $692.3M of capital spending, free cash flow was $126M.
- Latest report
- The latest periodic report (annual report (Canadian issuer), 40-F) was filed with the SEC on March 31, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Equinox Gold Corp. does
Equinox Gold Corp. is registered with the SEC under industry code SIC 1040 (Gold and Silver Ores). Its shares trade on NYSE under the ticker EQX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $1.8B | $221.5M | $0.35 | $126M |
| 2024 | $912.8M | $339.3M | $0.75 | -$39.9M |
| 2023 | $1.1B | $28.9M | $0.09 | -$164.8M |
| 2022 | $952.2M | -$106M | -$0.35 | -$500.6M |
| 2021 | $1.1B | $554.9M | $1.69 | -$23.4M |
| 2020 | $845.4M | $20.7M | $0.10 | $81M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where EQX ranks in Basic materials
Latest SEC filings
What Equinox Gold Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026
- October 13, 2026
- September 29, 2026
- September 21, 2026
- August 25, 2026Passive stake (5% or more) SCHEDULE 13G
- August 17, 2026
- August 6, 2026
- August 6, 2026
- August 5, 2026
- August 5, 2026
Insider trades
What the people running Equinox Gold Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns EQX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Van Eck Associates Corp13G, passive | 10.85% | February 13, 2026 |
| Ross Beaty13D, may seek influence with 1 related filers | 6.9% | April 29, 2024 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 326 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Van Eck Associates Corp | 87,435,651 | +2,355,044 |
| L1 Capital Pty Ltd | 27,055,865 | +2,724,700 |
| Franklin Resources Inc | 24,228,961 | +3,745,204 |
| Vanguard Capital Management LLC | 21,005,125 | +641,259 |
| Maple Rock Capital Partners Inc. | 17,531,248 | -1,893,400 |
| Boston Partners | 11,657,519 | +1,293,068 |
| Invesco Ltd. | 10,649,748 | +1,370,150 |
| Norges Bank | 10,546,728 | new |
| Sprott Inc. | 9,086,538 | -418,898 |
| Deutsche Bank AG\ | 8,537,176 | +2,602,991 |
| Bank of Montreal | 8,095,172 | -580,023 |
| Dimensional Fund Advisors LP | 7,866,001 | +2,001,183 |
| Geode Capital Management, LLC | 7,844,696 | +7,294,694 |
| Vanguard Fiduciary Trust Co | 6,684,792 | +181,484 |
| Two Sigma Investments, LP | 6,176,988 | +2,679,352 |
| FIL Ltd | 6,094,102 | -25,178,678 |
| Mackenzie Financial Corp | 4,160,491 | -113,321 |
| Evergreen Quality Fund GP, Ltd. | 5,475,600 | -7,160,244 |
| Amundi | 5,307,103 | +1,067,139 |
| Merk Investments LLC | 4,900,000 | 0 |
Insiders
Questions about EQX
What does Equinox Gold Corp. do?
Equinox Gold Corp. is a company in the Basic materials sector, listed on NYSE as EQX. Its shares trade on NYSE under the ticker EQX.
What is Equinox Gold Corp.'s net worth?
Equinox Gold Corp. has a market value (market cap) of $9.1B at the latest share price, and shareholders' equity of $5.8B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Equinox Gold Corp. profitable?
Yes. In fiscal 2025 it reported net income of $221.5M on revenue of $1.8B, a net margin of 12.2%.
How much revenue does Equinox Gold Corp. make?
In fiscal 2025 Equinox Gold Corp. reported revenue of $1.8B. That is 99.1% more than a year earlier.
When did Equinox Gold Corp. last report?
Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 31, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 9, 2026.
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Where the numbers come from
Financial figures are the values Equinox Gold Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.