Kinross Gold Posts $2B Q4 Revenue, $0.67 EPS, Achieves Net Cash Position
Kinross Gold posted Q4 2025 revenue of $2 billion and adjusted EPS of $0.67, more than tripling net earnings on higher gold prices and tight cost control. Annual production of just over 2 million gold-equivalent ounces met guidance, free cash flow hit a record, and net cash position now holds.
1. Q4 Earnings Highlights
Kinross Gold generated approximately $2 billion in revenue and delivered adjusted EPS of $0.67 in Q4 2025, more than tripling net earnings year-over-year. Strong realized gold prices and disciplined cost controls underpinned the substantial earnings growth.
2. Production, Cash Flow and Guidance
Full-year production of just over 2 million gold-equivalent ounces met company guidance, while record free cash flow enabled Kinross to move into a net cash position. Management reaffirmed stable production of 2 million ounces annually through 2028, bolstering leverage to rising gold prices.