Quarterly ResultMay 6, 2026, 06:10 AM
IAMGOLD Q1 Attributable Gold Production 183,600 oz; Revenue $1.03B
AI Summary
IAMGOLD reported a strong start to 2026 with attributable gold production of 183,600 ounces and revenues exceeding $1 billion. The company achieved robust financial results, including adjusted EBITDA of $666 million and mine-site free cash flow of $525 million. These results enabled the return of $260 million to shareholders through a share buyback program and the repayment of $100 million in debt. While Côté Gold experienced unplanned conveyor downtime, performance improved in April, and the company remains confident in its full-year production guidance.
Key Highlights
- Attributable gold production was 183,600 ounces in Q1 2026, up 14% year-over-year.
- Revenues totaled $1,030.1 million in Q1 2026, a 116% increase from prior year.
- Adjusted EBITDA reached $666.3 million in Q1 2026, up 226% year-over-year.
- Mine-site free cash flow was $524.6 million in Q1 2026, a 276% increase from prior year.
- The company returned $260 million to shareholders through share buybacks in Q1 2026.
- IAMGOLD repaid $100 million of its Credit Facility in Q1 2026.
- Full-year 2026 attributable production guidance remains 720,000 to 820,000 ounces.
- Fitch revised outlook to Positive, and Moody's upgraded credit rating to B1 with stable outlook.