Financials · KGC

Kinross Gold Corporation (KGC) financials

For fiscal 2025 (ended Dec 31, 2025), Kinross Gold Corporation reported $7.05B of revenue and $2.39B of net income.

Revenue, FY2025
$7.05B
Revenue growth, YoY
+36.9%
Net income, FY2025
$2.39B
Net income growth, YoY
+151.9%
Net margin
33.9%
Free cash flow, FY2025
$2.57B
EPS, diluted, FY2025
$1.95
EPS growth, YoY
+153.2%
Cash
$1.74B
Total debt
$738.20M
P/E
10.97
P/S
3.72
Market cap
$26.21B
Annual revenue$7.05B
FY2016FY2025
Annual net income$2.39B
FY2016FY2025
Annual free cash flow$2.57B
FY2016FY2025

KGC revenue and earnings growth

KGC revenueFY2025$7.05B

FY YoY
+36.9%
5Y CAGR
+10.8%

KGC revenue was $7.05B for fiscal 2025 (ended Dec 31, 2025), up 36.9% from fiscal 2024. Compound annual growth was +10.8% over 5 years. It rose in 6 of the last 9 fiscal years. Fiscal 2025 is the highest of the 10 fiscal years on file.

KGC net incomeFY2025$2.39B

FY YoY
+151.9%
5Y CAGR
+12.2%

KGC net income was $2.39B for fiscal 2025 (ended Dec 31, 2025), up 151.9% from fiscal 2024. Compound annual growth was +12.2% over 5 years. Fiscal 2025 is the highest of the 10 fiscal years on file.

KGC EPSFY2025$1.95

FY YoY
+153.2%
5Y CAGR
+13.0%

KGC diluted EPS was $1.95 for fiscal 2025 (ended Dec 31, 2025), up 153.2% from fiscal 2024. Compound annual growth was +13.0% over 5 years.

KGC free cash flowFY2025$2.57B

FY YoY
+87.2%
5Y CAGR
+19.8%

KGC free cash flow was $2.57B for fiscal 2025 (ended Dec 31, 2025), up 87.2% from fiscal 2024. Compound annual growth was +19.8% over 5 years. Fiscal 2025 is the highest of the 9 fiscal years on file.

Income statement

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
Dec 31, 2017
Dec 31, 2016
Revenue$7.05B$5.15B$4.24B$3.46B$2.60B$4.21B$3.50B$3.21B$3.30B$3.47B
Cost of revenue$3.34B$3.27B$3.08B$2.94B$2.06B$1.92B$2.15B$2.63B$2.60B$2.98B
Gross profit$3.72B$1.88B$1.16B$515.40M$541.10M$2.30B$1.35B$579.70M$704.70M$493.60M
Selling, general and admin$139.90M$126.20M$108.70M$129.80M$114.40M$117.90M$135.80M$133.00M$132.60M$143.70M
Operating income$3.28B$1.54B$801.40M$117.70M$72.10M$1.90B$991.10M$200.50M$336.50M$46.30M
Interest expense$81.80M$50.50M$69.00M$68.20M$71.60M$89.60M$76.90M$72.10M$86.50M$100.40M
Pre-tax income$3.19B$1.48B$708.60M$106.70M$84.30M$1.80B$963.80M$113.20M$419.00M-$59.50M
Income tax$724.70M$487.40M$293.20M$76.10M$115.00M$439.80M$246.70M$138.80M-$23.20M$49.60M
Net income$2.39B$948.80M$416.30M-$605.20M$221.20M$1.34B$718.60M-$23.60M$445.40M-$104.00M
EPS, basic$1.96$0.77$0.34-$0.47$0.18$1.07$0.57-$0.02$0.36-$0.08
EPS, diluted$1.95$0.77$0.34-$0.47$0.17$1.06$0.57-$0.02$0.35-$0.08
Diluted shares1.22B1.23B1.24B1.29B1.26B1.27B1.26B1.25B1.26B1.23B

Balance sheet

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
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$1.74B$611.50M$352.40M$418.10M$531.50M$1.21B$575.10M$349.00M$1.03B$827.00M
Receivables$30.50M$52.60M$58.50M$318.20M$214.50M$115.80M$137.40M$101.40M$91.30M$127.30M
Inventory$1.37B$1.24B$1.15B$1.07B$1.15B$1.07B$1.05B$1.05B$1.09B$986.80M
Current assets$3.29B$2.13B$1.80B$1.85B$1.95B$2.45B$1.82B$1.60B$2.28B$2.08B
Goodwill----$158.80M$158.80M$158.80M$162.70M$162.70M$162.70M
Total assets$12.41B$10.87B$10.54B$10.40B$10.43B$10.93B$9.08B$8.06B$8.16B$7.98B
Current liabilities$1.40B$1.06B$685.50M$751.50M$741.40M$1.35B$615.50M$612.40M$585.30M$637.70M
Long-term debt$738.20M$1.24B$2.23B$2.56B$1.59B$1.42B$1.84B$1.74B$1.73B$1.73B
Total debt$738.20M$1.24B$2.23B$2.56B$1.59B$1.42B$1.84B$1.74B$1.73B$1.73B
Total liabilities$3.72B$3.87B$4.36B$4.51B$3.78B$4.27B$3.74B$3.54B$3.54B$3.79B
Shareholders' equity$8.58B$6.86B$6.08B$5.82B$6.58B$6.60B$5.32B$4.51B$4.58B$4.15B

Cash flow

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
Dec 31, 2017
Dec 31, 2016
Operating cash flow$3.76B$2.45B$1.61B-$1.14B$1.96B$1.22B$788.70M$951.60M$1.10B
Capital expenditures$1.19B$1.08B$1.10B$764.20M$821.70M$916.10M$1.06B$1.04B$897.60M$633.80M
Free cash flow$2.57B$1.37B$507.00M-$313.50M$1.04B$164.70M-$254.70M$54.00M$465.40M
Investing cash flow-----$1.19B-$1.25B-$1.03B-$1.39B-$687.20M-$1.27B
Financing cash flow-$1.63B-$1.01B-$549.00M--$623.20M-$67.70M$25.10M-$72.60M-$69.00M-$48.30M
Share repurchases$600.30M--$300.80M$100.20M-----
Stock-based compensation$13.10M$9.00M$6.70M$9.30M$10.80M$13.70M$14.30M$14.60M$13.60M$13.50M
Depreciation and amortization$1.10B$1.15B$986.80M$784.00M$695.70M$842.30M$731.30M$772.40M$819.40M$855.00M

Key ratios

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
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY36.9%21.4%22.7%32.9%-38.3%20.5%8.9%-2.7%-4.9%-
Net income growth, YoY151.9%127.9%---83.5%86.8%----
EPS growth, YoY153.2%126.5%---84.0%86.0%----
Gross margin52.7%36.5%27.4%14.9%20.8%54.5%38.6%18.0%21.3%14.2%
Operating margin46.5%29.9%18.9%3.4%2.8%45.1%28.3%6.2%10.2%1.3%
Net margin33.9%18.4%9.8%-17.5%8.5%31.9%20.5%-0.7%13.5%-3.0%
Free cash flow margin36.4%26.6%12.0%-12.1%24.7%4.7%-7.9%1.6%13.4%
Return on equity27.9%13.8%6.8%-10.4%3.4%20.4%13.5%-0.5%9.7%-2.5%
Return on assets19.3%8.7%3.9%-5.8%2.1%12.3%7.9%-0.3%5.5%-1.3%
Current ratio2.352.012.632.472.631.822.962.613.903.26
Debt to equity0.090.180.370.440.240.220.350.380.380.42

Source: XBRL data Kinross Gold Corporation files with the SEC, latest filing dated Mar 26, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

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.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

KGC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
KGC$7.05B+36.9%$2.39B33.9%$26.21B
NEM$26.61B+23.7%$9.24B34.7%$125.65B
AGI$1.81B+34.3%$885.80M49.0%$13.32B
EGO$1.82B+36.8%$507.26M27.9%$9.31B
GOLD$25.10B+110.1%$86.77M0.3%$1.09B

KGC FAQ

9 questions
  • What is KGC revenue?
    Kinross Gold Corporation (KGC) reported $7.05B of revenue for fiscal 2025 (ended Dec 31, 2025). That is up 36.9% from the year before.
  • Is KGC profitable?
    Yes. Kinross Gold Corporation earned $2.39B in net income for fiscal 2025 (ended Dec 31, 2025), a net margin of 33.9%.
  • How much cash and debt does KGC have?
    Kinross Gold Corporation reported $1.74B in cash and cash equivalents and $738.20M of debt on its most recent balance sheet in SEC filings.
  • How fast is KGC revenue growing?
    Kinross Gold Corporation's revenue changed +36.9% in fiscal 2025, to $7.05B. Its compound annual growth rate was +10.8% over 5 years.
  • What is KGC gross margin?
    Kinross Gold Corporation's gross profit was $3.72B on $7.05B of revenue for fiscal 2025 (ended Dec 31, 2025), a gross margin of 52.7%.
  • What is KGC free cash flow?
    Kinross Gold Corporation generated $2.57B of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of $3.76B less capital expenditures.
  • What is KGC earnings per share?
    Diluted earnings per share were $1.95 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did KGC last report financial results?
    The latest statements here come from Kinross Gold Corporation's 40-F filed on Mar 26, 2026, covering the period ended Dec 31, 2025.
  • Where does this KGC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Kinross Gold Corporation files with the SEC. It is provided for information only and is not investment advice.