HYMC net incomeQ3 2026-$26.14M
HYMC net income was -$26.14M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$9.38M a year earlier. For the full fiscal 2025 it was -$40.66M, compared with -$60.90M in fiscal 2024.
Hycroft Mining Holding Corporation (HYMC) financials
For the twelve months ended Sep 30, 2026, Hycroft Mining Holding Corporation reported -$102.97M of net income.
- Net income, TTM
- -$102.97M
- Free cash flow, TTM
- -$114.00M
- Cash
- $211.22M
- Market cap
- $1.75B
FY2019FY2023
FY2018FY2025
FY2019FY2025
HYMC revenue and earnings growth
HYMC EPSQ3 2026-$0.28
HYMC diluted EPS was -$0.28 in fiscal Q3 2026 (ended Sep 30, 2026). For the full fiscal 2025 it was -$0.94.
HYMC free cash flowQ3 2026-$8.26M
HYMC free cash flow was -$8.26M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$3.49M a year earlier. For the full fiscal 2025 it was -$83.44M, compared with -$37.15M in fiscal 2024.
Income statement
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | $0 | $33.23M | $110.73M | $47.04M | $13.71M | - |
| Cost of revenue | - | - | $0 | $53.59M | $163.34M | $109.62M | $30.67M | - |
| Gross profit | - | - | $0 | -$20.36M | -$52.60M | -$62.58M | -$16.96M | - |
| Research and development | $14.86M | $19.53M | $20.64M | $18.36M | $13.59M | - | - | - |
| Selling, general and admin | $14.48M | $14.47M | $12.67M | $14.37M | $14.62M | $21.08M | $6.07M | $609.6K |
| Operating income | -$44.47M | -$43.82M | -$45.01M | -$53.49M | -$83.91M | -$89.37M | -$33.94M | -$609.6K |
| Pre-tax income | - | -$60.90M | -$55.03M | -$60.83M | -$90.09M | -$136.39M | -$98.89M | $2.24M |
| Income tax | $0 | $0 | $0 | $0 | -$1.53M | $0 | $0 | $555.4K |
| Net income | -$40.66M | -$60.90M | -$55.02M | -$60.83M | -$88.56M | -$136.39M | -$98.89M | $1.68M |
| EPS, basic | -$0.94 | -$2.63 | -$2.61 | -$3.58 | -$14.70 | -$39.20 | -$3279.50 | - |
| EPS, diluted | -$0.94 | -$2.63 | -$2.61 | -$3.58 | -$14.70 | -$39.20 | -$3279.50 | - |
| Diluted shares | 43.3M | 23.2M | 21.1M | 17.0M | 6.0M | 3.5M | 30,155.9 | - |
Balance sheet
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $181.74M | $77.06M | $132.55M | $175.97M | $46.63M | $96.04M | $48.97M | $52.86M |
| Receivables | $609.0K | $369.0K | $0 | $2.77M | $0 | $426.0K | $97.0K | - |
| Inventory | $1.42M | $1.35M | $1.83M | $2.81M | $11.07M | $12.87M | $4.45M | - |
| Current assets | $187.49M | $54.60M | $113.57M | $152.39M | $37.39M | $112.00M | $38.75M | $588.2K |
| Total assets | $263.03M | $140.13M | $201.69M | $248.95M | $142.32M | $232.63M | $134.64M | $213.50M |
| Current liabilities | $7.73M | $5.79M | $11.75M | $12.03M | $31.27M | $21.68M | $569.50M | $756.8K |
| Short-term debt | $0 | $54.0K | $2.33M | $2.33M | $16.67M | $5.12M | $553.97M | - |
| Long-term debt | $0 | $124.94M | $142.62M | $132.69M | $143.64M | $142.66M | $0 | - |
| Total debt | $0 | $125.00M | $144.95M | $135.02M | $160.30M | $147.78M | $553.97M | - |
| Total liabilities | $49.33M | $173.55M | $189.04M | $185.65M | $210.82M | $216.01M | $573.89M | $8.04M |
| Shareholders' equity | $213.69M | -$33.41M | $12.66M | $63.31M | -$68.49M | $16.62M | -$439.25M | -$340.36M |
Cash flow
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$82.87M | -$35.90M | -$41.45M | -$34.85M | -$37.04M | -$110.51M | -$59.77M | -$452.7K |
| Capital expenditures | $564.0K | $1.25M | $1.07M | $951.0K | $6.99M | $33.44M | $12.30M | - |
| Free cash flow | -$83.44M | -$37.15M | -$42.52M | -$35.81M | -$44.03M | -$143.95M | -$72.07M | - |
| Investing cash flow | $4.13M | $6.33M | -$507.0K | $8.34M | -$6.87M | -$31.12M | -$12.30M | -$210.08M |
| Financing cash flow | $205.92M | -$25.92M | -$1.46M | $155.85M | -$5.49M | $188.71M | $68.17M | $211.04M |
| Stock-based compensation | $1.90M | $2.63M | $2.92M | $2.47M | $2.26M | $2.38M | $1.10M | - |
| Depreciation and amortization | $2.02M | $2.23M | $2.81M | $3.36M | $8.43M | $5.85M | $2.08M | - |
Key ratios
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | - | -100.0% | -70.0% | 135.4% | 243.2% | - | - |
| Gross margin | - | - | - | -61.3% | -47.5% | -133.0% | -123.7% | - |
| Operating margin | - | - | - | -161.0% | -75.8% | -190.0% | -247.6% | - |
| Net margin | - | - | - | -183.1% | -80.0% | -289.9% | -721.4% | - |
| Free cash flow margin | - | - | - | -107.8% | -39.8% | -306.0% | -525.7% | - |
| Return on equity | -19.0% | - | -434.8% | -96.1% | - | -820.8% | - | - |
| Return on assets | -15.5% | -43.5% | -27.3% | -24.4% | -62.2% | -58.6% | -73.5% | 0.8% |
| Current ratio | 24.24 | 9.42 | 9.67 | 12.66 | 1.20 | 5.17 | 0.07 | 0.78 |
| Debt to equity | 0.00 | - | 11.45 | 2.13 | - | 8.89 | - | - |
Income statement
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | $0 |
| Cost of revenue | - | - | - | - | - | - | - | - | - | - | - | $0 |
| Gross profit | - | - | - | - | - | - | - | - | - | - | - | $0 |
| Research and development | $8.33M | $8.55M | $9.65M | $5.51M | $4.01M | $2.34M | $3.00M | $4.91M | $4.67M | $5.05M | $4.90M | $4.66M |
| Selling, general and admin | $16.68M | $15.20M | $34.16M | $5.50M | $2.56M | $3.48M | $2.93M | $3.25M | $4.41M | $3.91M | $2.91M | $2.86M |
| Operating income | -$28.25M | -$22.50M | -$50.06M | -$18.67M | -$7.26M | -$9.31M | -$9.22M | -$9.63M | -$11.73M | -$10.53M | -$11.93M | -$8.34M |
| Pre-tax income | - | - | - | - | - | - | - | - | - | - | -$20.75M | -$11.52M |
| Income tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$26.14M | -$20.75M | -$48.29M | -$7.79M | -$9.38M | -$11.74M | -$11.76M | -$12.74M | -$14.23M | -$13.18M | -$20.75M | -$11.51M |
| EPS, basic | -$0.28 | -$0.23 | -$0.54 | - | -$0.22 | -$0.43 | -$0.47 | -$0.47 | -$0.59 | -$0.57 | -$1.00 | -$0.45 |
| EPS, diluted | -$0.28 | -$0.23 | -$0.54 | - | -$0.22 | -$0.43 | -$0.47 | -$0.47 | -$0.59 | -$0.57 | -$1.00 | -$0.45 |
| Diluted shares | 93.2M | 91.5M | 89.7M | - | 42.5M | 27.6M | 24.9M | - | 24.1M | 23.0M | 20.8M | - |
Balance sheet
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $211.22M | $220.55M | $189.01M | $181.74M | $139.09M | $68.77M | $39.69M | $77.06M | $55.83M | $58.55M | $57.57M | $132.55M |
| Receivables | $376.0K | $300.0K | $632.0K | $609.0K | $450.0K | $272.0K | - | $369.0K | - | - | - | $0 |
| Inventory | $1.71M | $1.60M | $1.46M | $1.42M | $1.32M | $1.31M | $1.30M | $1.35M | $1.45M | $1.77M | $1.71M | $1.83M |
| Current assets | $216.70M | $225.56M | $194.21M | $187.49M | $145.44M | $74.80M | $44.01M | $54.60M | $64.13M | $67.22M | $65.46M | $113.57M |
| Total assets | $284.58M | $293.10M | $269.90M | $263.03M | $230.59M | $162.15M | $129.33M | $140.13M | $149.02M | $155.46M | $152.57M | $201.69M |
| Current liabilities | $16.00M | $5.75M | $4.21M | $7.73M | $7.64M | $2.90M | $2.72M | $5.79M | $9.58M | $9.20M | $6.01M | $11.75M |
| Short-term debt | - | - | - | $0 | $29.0K | $28.0K | $28.0K | $54.0K | $79.0K | $105.0K | $130.0K | $2.33M |
| Long-term debt | - | - | - | $0 | $134.16M | $131.01M | $127.94M | $124.94M | $122.03M | $119.18M | $116.41M | $142.62M |
| Total debt | - | - | - | $0 | $134.19M | $131.03M | $127.96M | $125.00M | $122.11M | $119.29M | $116.54M | $144.95M |
| Total liabilities | $47.03M | $42.24M | $46.10M | $49.33M | $183.11M | $177.41M | $173.83M | $173.55M | $172.16M | $165.19M | $158.82M | $189.04M |
| Shareholders' equity | $237.55M | $250.86M | $223.80M | $213.69M | $47.48M | -$15.26M | -$44.51M | -$33.41M | -$23.13M | -$9.73M | -$6.25M | $12.66M |
Cash flow
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$7.66M | -$12.75M | -$31.31M | -$60.72M | -$3.44M | -$9.02M | -$9.70M | -$8.10M | -$7.47M | -$8.60M | -$11.73M | -$9.52M |
| Capital expenditures | $605.0K | $271.0K | $576.0K | $117.0K | $50.0K | $226.0K | $171.0K | $274.0K | $530.0K | $424.0K | $25.0K | $219.0K |
| Free cash flow | -$8.26M | -$13.02M | -$31.89M | -$60.83M | -$3.49M | -$9.25M | -$9.87M | -$8.37M | -$8.00M | -$9.02M | -$11.76M | -$9.74M |
| Investing cash flow | -$585.0K | $354.0K | -$508.0K | $3.88M | $579.0K | -$215.0K | -$114.0K | $188.0K | $4.87M | $1.02M | $245.0K | -$215.0K |
| Financing cash flow | -$977.0K | $35.76M | $39.26M | $93.70M | $71.46M | $40.58M | $182.0K | $1.89M | $191.0K | $8.86M | -$36.86M | $284.0K |
| Stock-based compensation | $12.83M | $13.04M | $19.13M | $366.0K | $366.0K | $636.0K | $528.0K | $544.0K | $604.0K | $800.0K | $679.0K | $720.0K |
| Depreciation and amortization | $301.0K | $303.0K | $385.0K | $490.0K | $502.0K | $498.0K | $534.0K | $527.0K | $523.0K | $567.0K | $616.0K | $659.0K |
Key ratios
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | - | - | - | - | - | - | - | - | - | - | - | -100.0% |
| Current ratio | 13.54 | 39.21 | 46.19 | 24.24 | 19.04 | 25.80 | 16.17 | 9.42 | 6.69 | 7.30 | 10.89 | 9.67 |
| Debt to equity | - | - | - | 0.00 | 2.83 | - | - | - | - | - | - | 11.45 |
Source: XBRL data Hycroft Mining Holding Corporation files with the SEC, latest filing dated Oct 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.
* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.
Per-share figures and share counts are restated for stock splits the filings show: 1-for-10, first reported Mar 14, 2024.
EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.
HYMC peers
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| HYMC | - | - | -$102.97M | - | $1.75B |
| NEM | $26.61B | +23.7% | $9.24B | 34.7% | $125.65B |
| AEM | $11.91B | +43.7% | $4.46B | 37.5% | $96.85B |
| B | $16.96B | +31.2% | $4.99B | 29.4% | $66.76B |
| WPM | $2.31B | +80.2% | $1.47B | 63.6% | $61.91B |
| FNV | $1.82B | +63.7% | $1.11B | 61.0% | $49.17B |
| AU | $9.89B | +70.8% | $3.17B | 32.1% | $47.03B |
| GFI | $8.75B | +68.2% | $3.57B | 40.8% | $35.06B |
| KGC | $7.05B | +36.9% | $2.39B | 33.9% | $26.21B |
HYMC FAQ
5 questionsIs HYMC profitable?
No. Hycroft Mining Holding Corporation reported a net loss of $102.97M for the twelve months ended Sep 30, 2026.How much cash and debt does HYMC have?
Hycroft Mining Holding Corporation reported $211.22M in cash and cash equivalents on its most recent balance sheet in SEC filings.What is HYMC free cash flow?
Hycroft Mining Holding Corporation generated -$114.00M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$112.44M less capital expenditures.When did HYMC last report financial results?
The latest statements here come from Hycroft Mining Holding Corporation's 10-Q filed on Oct 27, 2026, covering the period ended Sep 30, 2026.Where does this HYMC financial data come from?
Quantisnow builds these statements from the structured XBRL data Hycroft Mining Holding Corporation files with the SEC. It is provided for information only and is not investment advice.