Triple Flag Posts 79% Revenue Surge, 30,166 GEOs and Declares $0.0575 Dividend
TFPM•Triple Flag reported Q1 2026 revenue of $147.0 million, a 79% year-over-year increase, with record 30,166 GEOs and operating cash flow per share of $0.55. It declared a $0.0575 per share quarterly dividend payable June 15 and acquired a 3.0% gross revenue royalty on Arizona’s Gunnison copper project for $23 million.
1. Record Q1 2026 Financial Results
In Q1 2026 Triple Flag generated $147.0 million in revenue, a 79% increase from Q1 2025, delivered record 30,166 GEOs and achieved operating cash flow per share of $0.55. Adjusted EBITDA rose to $128.6 million and adjusted net earnings reached $92.7 million.
2. Strategic Asset Acquisitions and Partnerships
During the quarter Triple Flag agreed to fund $84.3 million to unlock the gold-dominant E44 deposit at Northparkes, securing guaranteed deliveries of 45,052 ounces of gold and 446,200 ounces of silver from 2030 to 2037. The company also acquired a 3.0% gross revenue royalty on Arizona’s Gunnison copper project for $23 million.
3. Capital Allocation and Guidance
The board declared a quarterly dividend of $0.0575 per share payable on June 15, 2026, and renewed a share buyback program allowing repurchases of up to 10.3 million shares. Liquidity stands above $1.1 billion and the company maintains 2026 GEO guidance of 95,000–105,000 ounces and 2030 outlook of 140,000–150,000 ounces.
