
Quarterly ResultMay 6, 2026, 04:44 PM
Coeur Reports Record Q1 Revenue $856M, Adjusted EBITDA $475M
AI Summary
Coeur Mining, Inc. announced record first quarter 2026 financial results, with revenue reaching $856 million and adjusted EBITDA hitting a record $475 million. The company reported GAAP net income of $247 million ($0.35 per share) and adjusted net income of $254 million ($0.36 per share). These results were achieved despite significant first-quarter outflows and only eleven days of contribution from the newly acquired New Gold assets. Coeur also reaffirmed its full-year 2026 guidance, expanded its share repurchase program to $750 million, and initiated an inaugural semiannual dividend of $0.02 per share.
Key Highlights
- Q1 2026 revenue was $856 million, up from $360 million in Q1 2025.
- Q1 2026 GAAP net income from continuing operations was $247 million, or $0.35 per share.
- Q1 2026 adjusted EBITDA reached a record $475 million, nearly quadrupling year-over-year.
- Cash and cash equivalents increased eleven-fold year-over-year to $843 million.
- Company announced an expanded $750 million share repurchase program.
- Inaugural semiannual dividend of $0.02 per share established, first payment in Q2 2026.
- New Gold transaction closed on March 20, 2026, contributing 14,145 oz gold and 1.4M lbs copper in 11 days.
- Full-year 2026 production guidance reaffirmed: 680,000-815,000 oz gold, 18.7-21.9M oz silver.
Price Impact
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