Loading...
•
Dec 31, 2025
Alamos Gold Q4 2025 Earnings Report
Alamos Gold reported record quarterly revenue and net earnings in Q4 2025, driven by higher realized gold prices and strong free cash flow generation.
Key Takeaways
In Q4 2025, Alamos Gold generated record revenue of $575300000 and net earnings of $434900000, supported by an average realized gold price of $3998 per ounce. The Company delivered strong free cash flow of $156900000 despite higher costs and operational challenges at its Canadian operations.
Record quarterly revenue of $575300000 driven by higher realized gold prices
Net earnings of $434900000 with adjusted net earnings of $227600000
Free cash flow reached a quarterly record of $156900000
Total cash costs of $1111 per ounce and AISC of $1592 per ounce increased year-over-year
Revenue by Segment
Forward Guidance
For 2026, Alamos expects production growth with declining costs driven by the Phase 3+ Shaft Expansion at Island Gold and continued operational improvements, while capital spending will increase to support major growth projects.
Positive Outlook
- 2026 production expected between 570000 and 650000 ounces
- AISC expected to trend lower through 2026
- Significant production growth projected through 2028
- Strong liquidity position with $623100000 in cash
- Higher dividend with 60% increase starting Q1 2026
Challenges Ahead
- Higher capital spending expected in 2026 between 850000000 and 940000000
- Costs expected to be above full-year guidance in first half of 2026
- Cash flow impacted by gold prepayment deliveries in H1 2026
- Increased cash taxes expected in 2026
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...