Mako Mining Corp (MAKO) Income Statement
MAKO 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsMAKO revenue and net income
Where MAKO's revenue goes
2025Each bar shows an amount and its share of revenue. MAKO kept 22.7% of revenue as net income.
MAKO profit margins
MAKO growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +61.2% | +32.8% | — | — |
| Gross profit | +61.7% | +84.0% | — | — |
| Operating income | +58.3% | +76.7% | — | — |
| Net income | +76.2% | — | — | — |
| EPS (diluted) | +48.1% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
MAKO quarterly EPS vs estimates
Mako Mining beat the analyst EPS estimate in 0 of the last 1 quarters. Next report: November 12, 2026.
MAKO income statement
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Revenue | $148.5M | $92.1M | $65.9M | $63.4M |
| Cost of revenue | $73.5M | $45.7M | $41.9M | $51.3M |
| Gross profit | $75.0M | $46.4M | $24.0M | $12.0M |
| Sales, general & admin | $10.7M | $8.5M | $6.6M | $6.2M |
| Total operating expenses | $20.8M | $12.1M | $1.2M | $2.2M |
| Operating income | $54.3M | $34.3M | $22.8M | $9.8M |
| Interest income | $566,000 | $48,000 | $20,000 | $2,000 |
| Interest expense | $1.0M | $777,000 | $937,000 | $1.7M |
| Income before taxes | $54.7M | $29.3M | $8.9M | −$9.9M |
| Income taxes | $21.0M | $10.2M | $2.1M | $2.1M |
| Net income | $33.7M | $19.2M | $6.8M | −$12.0M |
| EBITDA | $63.9M | $37.8M | $23.3M | $12.2M |
| EPS (diluted) | $0.40 | $0.27 | $0.10 | −$0.18 |
| Gross margin | 50.5% | 50.4% | 36.4% | 19.0% |
| Operating margin | 36.5% | 37.2% | 34.6% | 15.5% |
| Net margin | 22.7% | 20.8% | 10.3% | −18.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | |
|---|---|---|---|---|---|---|---|
| Revenue | $61.0M | $68.6M | $50.4M | $27.6M | $38.7M | $31.8M | $28.9M |
| Cost of revenue | $34.0M | $27.2M | $20.5M | $18.1M | $19.7M | $15.0M | $12.5M |
| Gross profit | $27.0M | $41.3M | $29.9M | $9.4M | $19.0M | $16.8M | $16.4M |
| Sales, general & admin | $3.6M | $4.4M | $3.6M | $2.9M | $2.6M | $1.7M | $2.1M |
| Total operating expenses | $3.6M | $7.1M | $6.8M | $5.8M | $5.0M | $3.3M | $3.5M |
| Operating income | $23.4M | $34.3M | $23.1M | $3.7M | $14.0M | $13.5M | $12.8M |
| Interest income | $531,000 | $509,000 | $348,000 | $201,000 | $13,000 | $4,000 | $3,000 |
| Interest expense | $91,613 | $120,000 | $327,000 | $229,000 | $230,000 | $226,000 | $257,000 |
| Income before taxes | $21.9M | $35.2M | $22.2M | $4.2M | $15.8M | $12.5M | $10.6M |
| Income taxes | $8.4M | $12.1M | $7.9M | $3.0M | $7.0M | $3.0M | $5.9M |
| Net income | $13.5M | $23.1M | $14.3M | $1.2M | $8.8M | $9.4M | $4.7M |
| EBITDA | $26.2M | $38.1M | $24.9M | $6.1M | $18.5M | $14.4M | $12.5M |
| EPS (diluted) | $0.15 | $0.26 | $0.16 | $0.01 | $0.11 | $0.12 | $0.06 |
| Gross margin | 44.2% | 60.3% | 59.3% | 34.2% | 49.0% | 52.8% | 56.7% |
| Operating margin | 38.4% | 50.0% | 45.8% | 13.3% | 36.1% | 42.5% | 44.5% |
| Net margin | 22.1% | 33.7% | 28.4% | 4.3% | 22.8% | 29.6% | 16.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in MAKO's financial statements (latest annual report filed April 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
MAKO financial results
In fiscal year 2025 (ended December 31, 2025), Mako Mining reported revenue of $148.5 million, up 61.2% from the year before. It had net income of $33.7 million (up 76.2%), a net profit margin of 22.7%. Diluted earnings per share came to $0.40.
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MAKO income statement FAQ
What is Mako Mining's annual revenue?
Mako Mining reported total revenue of $148.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 61.2% from $92.1 million the previous year.
Is Mako Mining profitable?
Yes. Mako Mining reported net income of $33.7 million in fiscal 2025, a net profit margin of 22.7%; its operating margin was 36.5%.
What is Mako Mining's gross margin?
Mako Mining's gross margin was 50.5% in fiscal 2025: for every $100 of revenue, Mako Mining kept $51 after the direct cost of its products and services.
What are Mako Mining's earnings per share?
Mako Mining earned $0.40 per diluted share in fiscal 2025, compared with $0.27 a year earlier.
When will Mako Mining report its next earnings?
Mako Mining is expected to report results for the quarter ending September 30, 2026 on November 12, 2026.
When does Mako Mining's fiscal year end?
Mako Mining's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 29, 2026.