Equinox Gold Corp. (EQX) Releases Q1 2026 Earnings: Revenue Miss, EPS Beat

By: Quiver EarningsTracker

Posted: 2 days, 17 hours ago / May 6, 2026 9:33 p.m. UTC

EQX

Equinox Gold Corp. (EQX) Q1 2026 highlights:

Total revenue: $861.6 million, up 103.3% year-over-year.

Gross profit: $438.8 million, up 1201.4% year-over-year.

Operating profit: $390.2 million, up 9069.0% year-over-year.

Net income attributable to common shareholders: $433.1 million, down 673.7% year-over-year.

Diluted earnings per share: $0.38, down 323.5% year-over-year.

Balance sheet and cash-flow snapshot:

Cash from operating activities: $236.8 million, up 334.7% year-over-year.

Capital expenditures: $184.8 million, up 97.1% year-over-year.

Cash and cash equivalents: $363.0 million, up 109.9% year-over-year.

Cost of sales: $422.8 million, down 38.1% year-over-year.

Total liabilities: $3.53 billion, up 5.5% year-over-year.

Against expectations, revenue of $861.6 million trailed the consensus estimate of $942.8 million, while diluted EPS of $0.38 exceeded the estimate of $0.28.

Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

Equinox Gold Corp. Hedge Fund Activity

We have seen 159 institutional investors add shares of Equinox Gold Corp. stock to their portfolio, and 134 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIL LTD added 23,686,154 shares (+inf%) to their portfolio in Q4 2025, for an estimated $332,553,602
DONALD SMITH & CO., INC. removed 12,981,833 shares (-64.8%) from their portfolio in Q4 2025, for an estimated $182,264,935
VAN ECK ASSOCIATES CORP removed 11,697,008 shares (-12.2%) from their portfolio in Q4 2025, for an estimated $164,225,992
NORGES BANK added 9,687,963 shares (+2600.5%) to their portfolio in Q4 2025, for an estimated $136,019,000
FMR LLC added 6,723,700 shares (+inf%) to their portfolio in Q4 2025, for an estimated $94,400,748
CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. added 6,452,538 shares (+178.0%) to their portfolio in Q4 2025, for an estimated $90,593,633
DIMENSIONAL FUND ADVISORS LP removed 6,006,153 shares (-46.9%) from their portfolio in Q4 2025, for an estimated $84,326,388

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.