Filing Flows › McEwen (MUX) › Q2 2026 › vs Q2 2025
McEwen (MUX) Q2 2026 vs Q2 2025 (year over year)
McEwen's revenue rose $12.5M (+27%) from $46.7M in Q2 2025 to $59.2M in Q2 2026. Gross margin 33.9% against 26.3% (+7.6 pts).
McEwen, Q2 2026: revenue $59.2M (+27% year over year), operating margin 13.0%, net earnings $9.6M, operating cash flow $46.2M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 33.9% | 26.3% | +7.6 pts |
| Operating margin | 13.0% | -7.2% | +20.2 pts |
| Net margin | 16.2% | 6.5% | +9.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $59.2M | $46.7M | $12.5M | +27% |
| Gross profit | $20.1M | $12.3M | $7.8M | +64% |
| Cost of revenue | $39.2M | $34.4M | $4.7M | +14% |
| Operating profit | $7.7M | −$3.4M | $11.1M | — |
| Operating expenses | $12.4M | $15.7M | −$3.3M | -21% |
| Pre-tax earnings | $5.8M | $1.9M | $3.9M | +200% |
| Other expense, net | $1.9M | −$5.3M | $7.2M | — |
| General & admin | $7.9M | $5.0M | $2.9M | +57% |
| Other operating costs | $4.4M | $10.6M | −$6.2M | -58% |
| Income tax benefit | $3.8M | $1.1M | $2.7M | +243% |
| Net earnings | $9.6M | $3.0M | $6.6M | +216% |
| Depreciation & amortization | $8.2M | $6.9M | $1.3M | +19% |
| Working capital & other | $28.4M | −$9.4M | $37.8M | — |
| Operating cash flow | $46.2M | $478K | $45.7M | 97× |
Questions
How much did McEwen's revenue grow year over year in Q2 2026?
McEwen's revenue rose $12.5M (+27%) from $46.7M in Q2 2025 to $59.2M in Q2 2026. Gross margin 33.9% against 26.3% (+7.6 pts).