Quarterly ResultAug 6, 2026, 05:11 PM
IAMGOLD Q2 Revenue $856.9M, EPS $0.40; $147.9M Share Buyback
AI Summary
IAMGOLD reported strong second quarter 2026 financial results with revenue of $856.9 million and attributable net earnings of $230.5 million ($0.40 per share). The company repurchased $147.9 million in shares during the quarter as part of its ongoing buyback program and enhanced its financial flexibility by amending its revolving credit facility, increasing capacity to $850 million and extending maturity to June 2030. Attributable gold production reached 188,100 ounces, keeping the company on track to meet its 2026 production guidance of 720,000 to 820,000 ounces. Additionally, Côté Gold's Mineral Resource estimate saw a significant increase to 20.3 million ounces in Measured and Indicated categories.
Key Highlights
- Q2 2026 attributable gold production was 188,100 ounces, with YTD production at 371,700 ounces.
- Q2 2026 revenue totaled $856.9 million, up from $580.9 million in Q2 2025.
- Net earnings attributable to equity holders for Q2 2026 were $230.5 million ($0.40 per share).
- The company repurchased $147.9 million (8.6 million shares) in Q2 2026, totaling $510.4 million since Dec 2025.
- Available liquidity stood at $1,348.1 million, including $501.4 million cash and $845.7 million credit facility.
- Revolving Credit Facility increased from $650 million to $850 million, extending maturity to June 2030.
- Côté Gold's Measured and Indicated Mineral Resources increased to 20.3 million ounces.
- 2026 full-year production guidance maintained at 720,000 to 820,000 ounces.
Price Impact
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