Quarterly ResultMay 7, 2026, 06:09 AM
OceanaGold Q1 Revenue $714.5M, Net Profit $228.4M, EPS $1.01
AI Summary
OceanaGold reported record Q1 2026 revenue of $714.5 million, a 98.5% increase year-over-year, with net profit attributable to shareholders surging 129% to $228.4 million, resulting in diluted EPS of $1.01. The company also achieved record operating cash flow of $382 million and strong free cash flow of $255 million, increasing its cash balance to $620 million. Additionally, OceanaGold completed $77 million in share repurchases and listed on the NYSE in April 2026.
Key Highlights
- Record Q1 2026 revenue of $714.5M, up 98.5% YoY.
- Net profit attributable to shareholders rose 129% to $228.4M.
- Diluted EPS increased 140.5% to $1.01.
- Operating cash flow reached a record $382M, up 122.3% YoY.
- Free cash flow was $255.2M, a 271% increase YoY.
- Cash balance grew 30% to $620.1M by March 31, 2026.
- Completed $77M in share repurchases during Q1 2026.
- Listed on the New York Stock Exchange on April 7, 2026.