Kinross Gold Corporation (KGC) quarterly cash flow statement — complete operating, investing & financing history
Kinross Gold Corporation (KGC) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 1.15B | 1.14B | 1.15B | 981.22M | 992.4M | 607.1M | 734.5M | 733.5M | 604M | 374.4M | 410.9M | 406.8M | 528.6M | 259M | 474.3M | 171.6M | 207.9M | 196.3M | 197.3M | 269.9M |
| Operating CF Margin % | 52.53% | 47.99% | 55.83% | 55.06% | 57.41% | 40.54% | 51.88% | 51.22% | 49.53% | 34.62% | 36.83% | 36.9% | 48.39% | 27.87% | 44.07% | 20.04% | 25.31% | 28.01% | 22.43% | 46.34% |
| Operating CF Growth % | 15.47% | 87.7% | 56.15% | 33.77% | 64.3% | 62.15% | 78.75% | 80.31% | 14.26% | 44.56% | -13.37% | 137.06% | 154.26% | 31.94% | 140.4% | -36.42% | -46.45% | -29.84% | -71.03% | -50.4% |
| Net Income | 851.8M | 856M | 912.9M | 578.42M | 558.6M | 389.4M | 288.2M | 390.3M | 208.9M | 106.6M | 65.4M | 108.31M | 150.9M | 90.2M | -106.8M | 64.9M | -9.5M | 81.3M | -3M | -45.9M |
| Depreciation & Amortization | 275.5M | 275.7M | 268.3M | 285.4M | 262.9M | 288.4M | 284.8M | 296.2M | 295.8M | 270.7M | 290.1M | 259.2M | 246.5M | 221.02M | 251.9M | 181.4M | 185.11M | 180.8M | 199.3M | 208.8M |
| Stock-Based Compensation | 3.4M | 6.6M | 1.9M | 3.4M | 3.2M | 4.6M | 2.4M | 1.3M | 2.8M | 2.5M | 2.4M | 2.9M | 2M | 600K | 1.9M | 1.4M | 3M | 700K | 2.4M | 2.4M |
| Deferred Taxes | 330.2M | 465.2M | 689.3M | 32.9M | -1M | 136.8M | 103.2M | 21.6M | -21.2M | 8.6M | 51.1M | 73.13M | 9.7M | 9M | -59.6M | 5.15M | 14.8M | -20.25M | -39.97M | -7.18M |
| Other Non-Cash Items | -333.9M | -454.9M | -274.2M | -120.03M | -53.8M | -169M | -71.9M | -60.9M | -38M | -42.3M | -27.1M | 9.36M | 26M | -32.21M | 388.8M | -8.55M | -15.61M | 26.83M | 86.67M | 6.88M |
| Working Capital Changes | 18.9M | -9.1M | -451.3M | 199.2M | 222.5M | -43.1M | 127.8M | 85M | 155.7M | 28.3M | 29M | -46.1M | 93.5M | -29M | -1.9M | -72.7M | 30.1M | -72.78M | -48.1M | 104.9M |
| Change in Receivables | 1.8M | 6.9M | 43.2M | -48M | 7.2M | 11.4M | -14.7M | -25.26M | 41.14M | 8.8M | 2.1M | -21M | 42.2M | 20M | -29.1M | -15.6M | 14.3M | 43.8M | -20.6M | -5.1M |
| Change in Inventory | -33.7M | 35.8M | -34.5M | -19.9M | 8.9M | -38.4M | 17.4M | -11.62M | 2.58M | 5.9M | 390.44K | -10.1M | -39.9M | -43.2M | -39.2M | -70M | -63.1M | -90.5M | -68.6M | -10.4M |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 121.98M | 112.35M | 0 | 26.9M | -14.92M | 92.45M | -5.8M | 68.93M | 13.25M | 75.45M | -25.51M | 41.06M | 122.22M |
| Cash from Investing | -383.8M | -302.3M | -291M | -172.49M | -312.7M | -227.8M | -282.7M | -318.4M | -302.3M | -276.5M | -307.5M | -323M | -254.4M | -237.3M | -347.2M | -183.2M | 98.9M | -1.17B | -338M | -259M |
| Capital Expenditures | -411M | -283.2M | -368.2M | -318.56M | -306.1M | -207.7M | -288.4M | -278.7M | -293.36M | -243.91M | -311.3M | -326.9M | -290.4M | -259.5M | -323.8M | -217.8M | -155M | -117.3M | -298M | -216.8M |
| CapEx % of Revenue | 18.84% | 11.93% | 17.93% | 17.88% | 17.71% | 13.87% | 20.37% | 19.46% | 24.06% | 22.55% | 27.9% | 29.65% | 26.59% | 27.92% | 30.09% | 25.43% | 18.87% | 16.74% | 33.88% | 37.23% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15.43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1.03B | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 18.8M | 6.2M | 17.4M | 146.06M | -6.6M | -11M | 5.7M | -39.7M | -8.94M | -48.03M | 3.8M | 3.9M | 36M | 22.2M | -38.81M | 44.1M | 265.89M | -11.8M | -40M | -29.8M |
| Cash from Financing | -288.9M | -393.8M | -835.8M | -231.51M | -238.3M | -296.4M | -311.8M | -422.6M | -228.5M | -43M | -215.7M | -96.3M | -267.7M | 30.7M | -198M | -236.3M | -162.7M | 1.03B | 85.2M | -99.1M |
| Debt Issued (Net) | -2M | -2.2M | -502.2M | 945.82K | 7.48M | -201.5M | -252M | -352.18M | -203.4M | -3.4M | -194.7M | -66.3M | -225.6M | 84.5M | 73.9M | -106M | -125.7M | 1.09B | 190.3M | -8.5M |
| Equity Issued (Net) | -230M | -250.1M | -265.1M | -162.47M | -170.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -240.6M | -60.2M | 0 | 0 | -68.4M | -31.8M |
| Dividends Paid | -47.6M | -47.9M | -42.1M | -35.65M | -36.7M | -36.9M | -36.9M | -36.9M | -36.8M | -36.9M | -36.8M | -36.8M | -36.9M | -36.8M | -37.1M | -39M | -39M | -38.9M | -37.6M | -37.8M |
| Share Repurchases | -230M | -250.1M | -265.1M | -162.47M | -170.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -240.6M | -60.2M | 0 | 0 | -68.4M | -31.8M |
| Other Financing | -9.3M | -93.6M | -26.4M | -34.34M | -38.98M | -58M | -22.9M | -33.52M | 11.7M | -2.7M | 15.8M | 6.8M | -5.2M | -17M | 5.8M | -31.1M | 2M | -18.8M | 900K | -21M |
| Net Change in Cash | 471.4M | 442.7M | 20.6M | 582.45M | 441.9M | 83.1M | 138.7M | -7.2M | 73.1M | 54.5M | -112.5M | -13.5M | 7.4M | 52.9M | -70.3M | -230.7M | 264.9M | -77.3M | -54.6M | -89.5M |
| Free Cash Flow | 734.9M | 856.3M | 778.7M | 674.91M | 686.3M | 399.4M | 453.8M | 454.8M | 329.8M | 132.5M | 99.6M | 122.9M | 246.7M | 37.8M | 157.5M | -25.7M | 58.5M | 95.6M | -100.7M | 66.1M |
| FCF Margin % | 33.69% | 36.06% | 37.91% | 37.87% | 39.7% | 26.67% | 32.05% | 31.76% | 27.04% | 12.25% | 8.93% | 11.15% | 22.59% | 4.07% | 14.63% | -3% | 7.12% | 13.64% | -11.45% | 11.35% |
| FCF Growth % | 7.08% | 114.4% | 71.6% | 48.4% | 108.1% | 201.43% | 355.62% | 270.06% | 33.68% | 250.53% | -36.76% | 578.21% | 321.71% | -60.46% | 256.41% | -138.88% | -71.81% | 8.39% | -126.31% | -80.09% |
| FCF per Share | 0.62 | 0.71 | 0.64 | 0.55 | 0.56 | 0.32 | 0.37 | 0.37 | 0.27 | 0.11 | 0.08 | 0.10 | 0.20 | 0.03 | 0.13 | -0.02 | 0.05 | 0.07 | -0.08 | 0.05 |
| FCF Conversion (FCF/Net Income) | 1.39x | 1.37x | 1.25x | 1.70x | 1.87x | 1.65x | 2.67x | 2.06x | 2.86x | 3.50x | 6.28x | 3.71x | 3.50x | 2.87x | -4.47x | 2.64x | -5.16x | -0.37x | -73.07x | -6.01x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |