Kinross Gold Q4 Revenue Jumps 42.9% to $2.02 B, EPS Beats Forecast
Kinross Gold delivered Q4 revenue of $2.02 billion, up 42.9% year-over-year and 7.9% above consensus, with EPS of $0.67, a 21.5% surprise. Production costs rose to $1,297 per gold-equivalent ounce against $1,263 expected, while output reached 489.7 thousand ounces, topping forecasts.
1. Q4 Financial Results
Kinross Gold reported $2.02 billion in revenue for the quarter ended December 2025, marking a 42.9% increase from a year ago and outpacing the $1.87 billion consensus by 7.9%. Earnings per share rose to $0.67 versus $0.20 in Q4 2024, beating the $0.55 estimate by 21.5%.
2. Production and Cost Metrics
Production cost of sales reached $1,297 per gold-equivalent ounce sold, above the $1,263 analyst consensus. Gold equivalent ounces produced totaled 489.67 thousand, exceeding the 464.35 thousand estimate, while attributable all-in sustaining costs increased to $1.83 billion versus $1.79 billion forecast.
3. Stock Performance and Outlook
Shares of Kinross Gold have declined 8.2% over the past month, underperforming the S&P 500’s 1.3% drop. The current hold rating reflects investor caution as higher production costs are weighed against strong revenue and output growth.