Kinross Gold Corporation (KGC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | 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 | Q2'21 |
|---|
| Sales/Revenue | 2.37B | 2.05B | 1.78B | 1.73B | 1.5B | 1.42B | 1.43B | 1.22B | 1.08B | 1.12B | 1.1B | 1.09B | 929.3M | 1.08B | 856.5M | 821.5M | 700.9M | 879.5M | 582.4M | 707.9M |
| Revenue Growth % | 58.55% | 45.08% | 24.45% | 41.74% | 38.47% | 26.9% | 29.9% | 11.65% | 16.38% | 3.67% | 28.71% | 32.96% | 32.59% | 22.36% | 47.06% | 16.05% | -8.82% | -26.41% | -48.52% | -29.72% |
| Cost of Goods Sold | 1B | 977.09M | 936.8M | 831.3M | 835.1M | 868.6M | 786.4M | 831.9M | 783.6M | 862.6M | 784.5M | 737.2M | 695.8M | 1.13B | 650.4M | 631.3M | 529.6M | 769M | 463M | 521.4M |
| COGS % of Revenue | 42.21% | 47.57% | 52.57% | 48.09% | 55.77% | 61.35% | 54.92% | 68.22% | 72.45% | 77.31% | 71.16% | 67.49% | 74.87% | 104.85% | 75.94% | 76.85% | 75.56% | 87.44% | 79.5% | 73.65% |
| Gross Profit | 1.37B | 1.08B | 845.32M | 897.2M | 662.4M | 547.2M | 645.6M | 387.6M | 297.9M | 253.1M | 317.9M | 355.1M | 233.5M | -52.2M | 206.1M | 190.2M | 171.3M | 110.5M | 119.4M | 186.5M |
| Gross Margin % | 57.79% | 52.43% | 47.43% | 51.91% | 44.23% | 38.65% | 45.08% | 31.78% | 27.55% | 22.69% | 28.84% | 32.51% | 25.13% | -4.85% | 24.06% | 23.15% | 24.44% | 12.56% | 20.5% | 26.35% |
| Gross Profit Growth % | 107.16% | 96.82% | 30.94% | 131.48% | 122.36% | 116.2% | 103.08% | 9.15% | 27.58% | 584.87% | 54.25% | 86.7% | 36.31% | -147.24% | 72.61% | 1.98% | -27.01% | -90.2% | -75.49% | -55.23% |
| Operating Expenses | 64.3M | 91.99M | 82.67M | 122.4M | 92M | 46.1M | 97.9M | 89.3M | 104.7M | 59.6M | 91.7M | 117.3M | 89.6M | 107.9M | 94.8M | 126.2M | 68.8M | 156M | 143.1M | 99M |
| OpEx % of Revenue | 2.71% | 4.48% | 4.64% | 7.08% | 6.14% | 3.26% | 6.84% | 7.32% | 9.68% | 5.34% | 8.32% | 10.74% | 9.64% | 10.03% | 11.07% | 15.36% | 9.82% | 17.74% | 24.57% | 13.98% |
| Selling, General & Admin | 44.28M | 68.94M | 56.86M | 29.6M | 35.7M | 31.9M | 27.2M | 31.7M | 35.4M | 26.5M | 25.8M | 32M | 24.4M | 29.3M | 40.3M | 30M | 30.2M | 32M | 26.4M | 28.5M |
| SG&A % of Revenue | 1.86% | 3.36% | 3.19% | 1.71% | 2.38% | 2.25% | 1.9% | 2.6% | 3.27% | 2.38% | 2.34% | 2.93% | 2.63% | 2.72% | 4.71% | 3.65% | 4.31% | 3.64% | 4.53% | 4.03% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 1.31B | 985.01M | 762.65M | 774.8M | 570.4M | 501.1M | 547.7M | 298.3M | 193.2M | 193.5M | 226.2M | 237.8M | 143.9M | -160.1M | 111.3M | 64M | 102.5M | -45.5M | -23.7M | 87.5M |
| Operating Margin % | 55.09% | 47.95% | 42.79% | 44.82% | 38.09% | 35.39% | 38.25% | 24.46% | 17.86% | 17.34% | 20.52% | 21.77% | 15.48% | -14.88% | 12.99% | 7.79% | 14.62% | -5.17% | -4.07% | 12.36% |
| Operating Income Growth % | 129.3% | 96.57% | 39.25% | 159.74% | 195.24% | 158.97% | 142.13% | 25.44% | 34.26% | 220.86% | 103.23% | 271.56% | 40.39% | -251.87% | 569.62% | -26.86% | -28.97% | -104.59% | -106.02% | -72.75% |
| EBITDA | 1.59B | 1.27B | 1.06B | 1.04B | 858.8M | 785.9M | 843.9M | 594.1M | 463.9M | 465.2M | 490.1M | 477.1M | 355.8M | 91.8M | 296.4M | 244.5M | 269M | 153.8M | 149.5M | 277.1M |
| EBITDA Margin % | 67.03% | 61.79% | 59.33% | 60.03% | 57.35% | 55.51% | 58.93% | 48.72% | 42.89% | 41.7% | 44.46% | 43.68% | 38.29% | 8.53% | 34.61% | 29.76% | 38.38% | 17.49% | 25.67% | 39.14% |
| EBITDA Growth % | 85.31% | 61.5% | 25.29% | 74.67% | 85.13% | 68.94% | 72.19% | 24.52% | 30.38% | 406.75% | 65.35% | 95.13% | 32.27% | -40.31% | 98.26% | -11.76% | -19.24% | -87.46% | -75.01% | -47.86% |
| D&A (Non-Cash Add-back) | 283.52M | 284.2M | 294.7M | 262.9M | 288.4M | 284.8M | 296.2M | 295.8M | 270.7M | 271.7M | 263.9M | 239.3M | 211.9M | 251.9M | 185.1M | 180.5M | 166.5M | 199.3M | 173.2M | 189.6M |
| EBIT | 1.31B | 985.01M | 849.97M | 749.7M | 548.8M | 508.9M | 537.8M | 298.2M | 187M | 170.2M | 231.5M | 227.3M | 148.6M | -95.9M | 116.3M | 60.5M | 98M | 35.6M | -21.9M | 70.3M |
| Net Interest Income | 8.09M | -4.77M | 26.8M | -12.8M | -18.4M | -10.9M | -7M | -7M | -7.4M | -7.7M | -8.9M | -2.9M | -9M | -9.9M | -9.7M | -15.3M | -19M | -5.7M | -14.6M | -15M |
| Interest Income | 15.19M | 16.45M | 44.7M | 7.4M | 4.2M | 3.5M | 6.3M | 4.5M | 3.88M | 8.3M | 11.3M | 11.5M | 9.4M | 7.61M | 6.5M | 1.98M | 2.2M | 7.08M | 1.2M | 1.4M |
| Interest Expense | 7.1M | 21.22M | 17.9M | 20.2M | 22.6M | 14.4M | 13.3M | 11.5M | 11.3M | 16M | 20.2M | 14.4M | 18.4M | 17.5M | 16.2M | 17.3M | 21.2M | 12.8M | 15.8M | 16.4M |
| Other Income/Expense | -5.03M | 129.46M | 69.42M | -45.3M | -44.2M | -6.6M | -23.2M | -11.6M | -17.5M | -39.3M | -14.9M | -24.9M | -13.7M | 46.7M | -11.2M | -20.8M | -25.7M | 68.3M | -14M | -33.6M |
| Pretax Income | 1.3B | 1.11B | 832.07M | 729.5M | 526.2M | 494.5M | 524.5M | 286.7M | 175.7M | 154.2M | 211.3M | 212.9M | 130.2M | -113.4M | 100.1M | 43.2M | 76.8M | 22.8M | -37.7M | 53.9M |
| Pretax Margin % | 54.87% | 54.26% | 46.69% | 42.2% | 35.14% | 34.93% | 36.63% | 23.51% | 16.25% | 13.82% | 19.17% | 19.49% | 14.01% | -10.54% | 11.69% | 5.26% | 10.96% | 2.59% | -6.47% | 7.61% |
| Income Tax | 458.76M | 187.54M | 229.72M | 170.9M | 136.8M | 206.3M | 134.2M | 77.8M | 69.1M | 89M | 102.4M | 62M | 39.8M | -6.6M | 34.5M | 52.7M | -4.5M | 25.8M | 35.4M | 24.3M |
| Effective Tax Rate % | 35.21% | 16.83% | 27.61% | 23.43% | 26% | 41.72% | 25.59% | 27.14% | 39.33% | 57.72% | 48.46% | 29.12% | 30.57% | 5.82% | 34.47% | 121.99% | -5.86% | 113.16% | -93.9% | 45.08% |
| Net Income | 831.32M | 920.43M | 578.42M | 530.7M | 368M | 275.6M | 355.3M | 210.9M | 107M | 65.4M | 109.7M | 151M | 90.2M | -106M | 64.9M | -40.3M | -523.8M | -2.7M | -44.9M | 119.3M |
| Net Margin % | 35.01% | 44.81% | 32.46% | 30.7% | 24.57% | 19.47% | 24.81% | 17.29% | 9.89% | 5.86% | 9.95% | 13.82% | 9.71% | -9.85% | 7.58% | -4.91% | -74.73% | -0.31% | -7.71% | 16.85% |
| Net Income Growth % | 125.9% | 233.97% | 62.8% | 151.64% | 243.93% | 321.41% | 223.88% | 39.67% | 18.63% | 161.7% | 69.03% | 474.69% | 117.22% | -3825.93% | 244.54% | -133.78% | -450.37% | -100.34% | -118.65% | -39.04% |
| Net Income (Continuing) | 844.14M | 926.93M | 602.35M | 558.6M | 389.4M | 288.2M | 390.3M | 208.9M | 106.6M | 65.2M | 108.9M | 150.9M | 90.4M | -106.8M | 65.6M | -9.5M | 81.3M | -3M | -73.1M | 29.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -800K | -1000K | -1000K | 0 | 1000K | 1000K |
| Minority Interest | 123M | 117.89M | 125.88M | 134.6M | 136.41M | 138.92M | 146.67M | 127.28M | 117.38M | 101.48M | 104.1M | 92.24M | 68.85M | 58.47M | 55.9M | 70.71M | 69.98M | 68.61M | 68.1M | 67.8M |
| EPS (Diluted) | 0.69 | 0.76 | 0.47 | 0.43 | 0.30 | 0.22 | 0.29 | 0.17 | 0.09 | 0.05 | 0.09 | 0.12 | 0.07 | -0.09 | 0.05 | -0.03 | -0.41 | -0.00 | -0.04 | 0.09 |
| EPS Growth % | 130% | 245.45% | 62.07% | 152.94% | 249.24% | 302.19% | 231.43% | 41.67% | 17.83% | 163.02% | 77.13% | 487.1% | 117.78% | - | 238.76% | -134.44% | -441.67% | -100.34% | -118.74% | -40% |
| EPS (Basic) | 0.69 | 0.76 | 0.48 | 0.43 | 0.30 | 0.22 | 0.29 | 0.17 | 0.09 | 0.05 | 0.09 | 0.12 | 0.07 | -0.09 | 0.05 | -0.03 | -0.41 | -0.00 | -0.04 | 0.09 |
| Diluted Shares Outstanding | 1.2B | 1.21B | 1.22B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.24B | 1.24B | 1.24B | 1.24B | 1.24B | 1.26B | 1.31B | 1.3B | 1.28B | 1.25B | 1.27B | 1.27B |
| Basic Shares Outstanding | 1.2B | 1.21B | 1.22B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.23B | 1.22B | 1.15B | 1.3B | 1.3B | 1.26B | 1.25B | 1.2B | 1.26B |
| Dividend Payout Ratio | 5.68% | 4.79% | 6.16% | 6.92% | 10.03% | 13.39% | 10.39% | 17.45% | 34.49% | 56.27% | 33.55% | 24.44% | 40.8% | - | 60.09% | - | - | - | - | 31.77% |