Filing Flows › McEwen (MUX) › How it makes money
How McEwen (MUX) makes money
McEwen (MUX) made $59.2M of revenue in the second quarter 2026 (Q2 2026), +27% from a year earlier. Of every dollar of revenue, 34¢ was left as gross profit, 13¢ was left as operating profit, 16¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q2 2026 | % of revenue |
|---|---|---|
| Revenue | $59.2M | 100.0% |
| Cost of revenue | $39.2M | 66.1% |
| Gross profit | $20.1M | 33.9% |
| Operating expenses | $12.4M | 20.9% |
| Operating profit | $7.7M | 13.0% |
| Net earnings | $9.6M | 16.2% |
| Operating cash flow | $46.2M | 78.0% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2026 | $59.2M | +27% |
| Q1 2026 | $74.0M | +107% |
| Q4 2025 | $64.6M | +93% |
| Q3 2025 | $50.5M | -3% |
| Q2 2025 | $46.7M | -2% |
| Q1 2025 | $35.7M | -13% |
| Q4 2024 | $33.5M | -43% |
From McEwen's 10-Q filed Aug 5, 2026 (on EDGAR).
Questions
How does McEwen make money?
McEwen (MUX) made $59.2M of revenue in the second quarter 2026 (Q2 2026), +27% from a year earlier. Of every dollar of revenue, 34¢ was left as gross profit, 13¢ was left as operating profit, 16¢ was left as net earnings.
What is McEwen's profit margin?
Net earnings were $9.6M, 16.2% of revenue, in the second quarter 2026; the operating margin was 13.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.