Financials · SKE

Skeena Resources Limited (SKE) financials

For fiscal 2025 (ended Dec 31, 2025), Skeena Resources Limited reported C$3.06M of revenue and -C$182.84M of net income. Figures are in CAD, the currency of its SEC filings.

Revenue, FY2025
C$3.06M
Revenue growth, YoY
-17.0%
Net income, FY2025
-C$182.84M
Net margin
-5965.4%
Free cash flow, FY2025
-C$351.70M
EPS, diluted, FY2025
-C$1.59
Cash
C$121.89M
Annual revenueC$3.06M
FY2020FY2025
Annual net income-C$182.84M
FY2020FY2025
Annual free cash flow-C$351.70M
FY2020FY2025

SKE revenue and earnings growth

SKE revenueFY2025C$3.06M

FY YoY
-17.0%
5Y CAGR
+50.6%

SKE revenue was C$3.06M for fiscal 2025 (ended Dec 31, 2025), down 17.0% from fiscal 2024. Compound annual growth was +50.6% over 5 years. It rose in 3 of the last 5 fiscal years.

SKE net incomeFY2025-C$182.84M

SKE net income was -C$182.84M for fiscal 2025 (ended Dec 31, 2025), compared with -C$151.94M in fiscal 2024.

SKE EPSFY2025-C$1.59

SKE diluted EPS was -C$1.59 for fiscal 2025 (ended Dec 31, 2025), compared with -C$1.53 in fiscal 2024.

SKE free cash flowFY2025-C$351.70M

SKE free cash flow was -C$351.70M for fiscal 2025 (ended Dec 31, 2025), compared with -C$130.11M in fiscal 2024.

Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
RevenueC$3.06MC$3.69MC$2.04MC$361.0KC$228.0KC$395.0K
Selling, general and adminC$49.93MC$28.58MC$6.38MC$4.80MC$3.34MC$1.98M
Interest expenseC$2.73MC$1.57M----
Pre-tax income-C$179.38M-C$151.94M-C$109.62M-C$88.89M--
Income taxC$3.46M--C$644.0K---
Net income-C$182.84M-C$151.94M-C$108.98M-C$88.89M-C$117.57M-C$60.31M
EPS, basic-C$1.59-C$1.53-C$1.29-C$1.26-C$1.97-C$1.43
EPS, diluted-C$1.59-C$1.53-C$1.29-C$1.26-C$1.97-C$1.43
Diluted shares115.2M99.1M84.4M70.3M59.8M42.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Cash and equivalentsC$121.89MC$96.94MC$91.14MC$40.60MC$40.31MC$37.82M
ReceivablesC$5.50MC$2.35MC$3.23MC$5.68MC$7.25MC$2.80M
Current assetsC$158.99MC$100.94MC$97.50MC$50.18MC$54.20MC$41.70M
Total assetsC$770.19MC$274.39MC$194.99MC$167.98MC$154.96MC$137.84M
Current liabilitiesC$87.47MC$70.02MC$25.23MC$20.89MC$25.44MC$22.42M
Total liabilitiesC$611.07MC$183.78MC$70.45MC$30.75MC$31.41MC$28.89M
Shareholders' equityC$159.12MC$90.61MC$124.53MC$137.23MC$123.55MC$108.95M

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Operating cash flow-C$57.29M-C$127.90M-C$90.60M-C$93.38M-C$124.41M-C$66.38M
Capital expendituresC$294.41MC$2.21MC$8.75MC$1.34MC$11.43MC$5.12M
Free cash flow-C$351.70M-C$130.11M-C$99.35M-C$94.72M-C$135.84M-C$71.50M
Investing cash flow-C$333.36M-C$23.83MC$31.27MC$11.40M-C$13.55MC$2.12M
Financing cash flowC$415.58MC$156.77MC$109.86MC$82.27MC$140.45MC$88.96M
Stock-based compensationC$24.92MC$13.13MC$11.99MC$10.97MC$14.11MC$4.92M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Revenue growth, YoY-17.0%81.1%465.1%58.3%-42.3%-
Net margin-5965.4%-4113.1%-5342.2%-24623.3%-51564.5%-15268.6%
Free cash flow margin-11474.7%-3522.3%-4870.0%-26239.1%-59581.1%-18101.3%
Return on equity-114.9%-167.7%-87.5%-64.8%-95.2%-55.4%
Return on assets-23.7%-55.4%-55.9%-52.9%-75.9%-43.8%
Current ratio1.821.443.862.402.131.86

Source: XBRL data Skeena Resources Limited files with the SEC, latest filing dated Mar 24, 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.

SKE peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SKEC$3.06M-17.0%-C$182.84M-5965.4%$4.10B
NEM$26.61B+23.7%$9.24B34.7%$130.07B
AEM$11.91B+43.7%$4.46B37.5%$101.51B
B$16.96B+31.2%$4.99B29.4%$69.56B
WPM$2.31B+80.2%$1.47B63.6%$65.38B
FNV$1.82B+63.7%$1.11B61.0%$50.81B
AU$9.89B+70.8%$3.17B32.1%$50.26B
GFI$8.75B+68.2%$3.57B40.8%$36.73B
KGC$7.05B+36.9%$2.39B33.9%$26.92B

SKE FAQ

8 questions
  • What is SKE revenue?
    Skeena Resources Limited (SKE) reported C$3.06M of revenue for fiscal 2025 (ended Dec 31, 2025). That is down 17.0% from the year before.
  • Is SKE profitable?
    No. Skeena Resources Limited reported a net loss of C$182.84M for fiscal 2025 (ended Dec 31, 2025).
  • How much cash and debt does SKE have?
    Skeena Resources Limited reported C$121.89M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is SKE revenue growing?
    Skeena Resources Limited's revenue changed -17.0% in fiscal 2025, to C$3.06M. Its compound annual growth rate was +50.6% over 5 years.
  • What is SKE free cash flow?
    Skeena Resources Limited generated -C$351.70M of free cash flow for fiscal 2025 (ended Dec 31, 2025), which is operating cash flow of -C$57.29M less capital expenditures.
  • What is SKE earnings per share?
    Diluted earnings per share were -C$1.59 for fiscal 2025 (ended Dec 31, 2025), from SEC filings, restated for any stock split those filings show.
  • When did SKE last report financial results?
    The latest statements here come from Skeena Resources Limited's 40-F filed on Mar 24, 2026, covering the period ended Dec 31, 2025.
  • Where does this SKE financial data come from?
    Quantisnow builds these statements from the structured XBRL data Skeena Resources Limited files with the SEC. It is provided for information only and is not investment advice.