NYSE$AEM
Agnico Eagle Mines Ltd · Q1 2026 earnings
Q1 2026 earnings · · Investor relations
Briefing
Agnico Eagle Q1 2026: $4.10B mining revenue, $3.39 EPS on higher gold prices and Detour Lake volumes
Agnico Eagle Mines reported first-quarter 2026 results on April 30, 2026, with revenues from mining operations of $4.10 billion, up 66% from $2.47 billion a year earlier on a 68% higher realized gold price and stronger sales at Detour Lake and Canadian Malartic. Net income was $1.70 billion, or $3.39 per share, versus $815 million, or $1.62 per share, in Q1 2025; adjusted net income was $1.71 billion, or $3.41 per share. Adjusted EBITDA rose to $3.01 billion from $1.59 billion. Payable gold production was 825,109 ounces, down from 873,794 ounces, as declines at Macassa, Meadowbank, LaRonde and Kittila offset gains at Detour Lake and Canadian Malartic. Free cash flow increased to $732.1 million and cash ended the quarter at $3.11 billion. The company announced a Central Lapland consolidation plan in Finland and maintained 2026 cost guidance ranges.
- Mining revenue $4.10B (+66%); net income $1.70B ($3.39 EPS).
- Adjusted net income $1.71B ($3.41/share); adjusted EBITDA $3.01B.
- Payable gold production 825,109 oz vs 873,794 oz prior year.
- Free cash flow $732.1M; cash and equivalents $3.11B.
- Announced CLGB consolidation including Rupert Resources and Aurion acquisitions.
Headline financials
Revenue & EPS history
Agnico Eagle · Revenue · Quarterly
$3.56B
Forward guidance
Agnico Eagle maintained 2026 total cash costs per ounce guidance of $1,020–$1,120 and AISC of $1,400–$1,550, expecting fuel volatility to remain within those ranges.
Tailwinds
- Record gold price leverage
- Strong free cash flow generation
- Detour Lake and Malartic volume gains
Headwinds
- Lower consolidated production vs Q1 2025
- Higher production costs at several mines
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2026
+0.8%
Avg return
Earnings day
+0.5%
Avg return
5 days after
-0.6%
Avg return
30 days after
56%
37 / 66 earnings
Positive
+14.7%
Q3 2013
Best reaction
-15.9%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +5.5% | +7.5% | +1.1% | |
| Q4 2024 | -4.9% | -2.7% | +2.8% | |
| Q3 2024 | -2.9% | -3.3% | -5.0% | |
| Q1 2024 | +2.9% | -0.5% | +6.3% | |
| Q4 2023 | +5.5% | +7.3% | +23.5% | |
| Q3 2023 | -4.1% | -3.7% | +0.8% | |
| Q2 2023 | -3.3% | +0.2% | -9.6% | |
| Q1 2023 | +1.5% | +4.0% | -8.7% | |
| Q4 2022 | -5.9% | -5.4% | +3.4% | |
| Q3 2022 | +4.4% | +2.2% | +15.9% | |
| Q2 2022 | +6.4% | +8.8% | +10.3% | |
| Q1 2022 | +5.6% | +4.9% | -2.0% | |
| Q4 2021 | -3.0% | -5.9% | +15.7% | |
| Q3 2021 | -3.3% | -7.1% | -9.5% | |
| Q2 2021 | +5.9% | +4.8% | -4.2% | |
| Q1 2021 | -4.1% | +2.0% | +10.2% | |
| Q4 2020 | -8.7% | -12.5% | -19.0% | |
| Q3 2020 | -2.4% | +0.4% | -20.0% | |
| Q2 2020 | +0.2% | +3.9% | +9.2% | |
| Q1 2020 | +1.0% | +5.2% | +5.6% | |
| Q4 2019 | -15.9% | -16.4% | -37.1% | |
| Q3 2019 | +8.6% | +10.0% | +13.2% | |
| Q2 2019 | +1.1% | +2.2% | +15.8% | |
| Q1 2019 | +4.1% | +2.0% | +1.3% | |
| Q4 2018 | +3.7% | +4.0% | +5.0% | |
| Q3 2018 | -4.7% | -4.4% | -3.2% | |
| Q2 2018 | -4.5% | -5.7% | -18.7% | |
| Q1 2018 | +1.5% | -2.5% | +1.5% | |
| Q4 2017 | +2.7% | -1.9% | -10.2% | |
| Q3 2017 | +2.7% | +2.2% | +1.0% | |
| Q2 2017 | +4.0% | +2.8% | +4.5% | |
| Q1 2017 | +9.7% | +7.4% | +12.7% | |
| Q4 2016 | -4.8% | -5.3% | -14.3% | |
| Q3 2016 | -1.7% | +2.4% | -17.6% | |
| Q2 2016 | +7.2% | +11.7% | -0.6% | |
| Q1 2016 | +14.1% | — | — | |
| Q4 2015 | +6.7% | — | — | |
| Q3 2015 | +0.3% | — | — | |
| Q2 2015 | -6.4% | — | — | |
| Q1 2015 | -0.5% | — | — | |
| Q4 2014 | +3.4% | — | — | |
| Q3 2014 | +5.7% | — | — | |
| Q2 2014 | -10.0% | — | — | |
| Q1 2014 | +9.3% | — | — | |
| Q4 2013 | -1.8% | — | — | |
| Q3 2013 | +14.7% | — | — | |
| Q2 2013 | -7.0% | — | — | |
| Q1 2013 | -6.9% | — | — | |
| Q4 2012 | -2.3% | — | — | |
| Q3 2012 | +7.2% | — | — | |
| Q2 2012 | +12.1% | — | — | |
| Q1 2012 | -1.3% | — | — | |
| Q4 2011 | +0.9% | — | — | |
| Q3 2011 | +0.8% | — | — | |
| Q2 2011 | +2.9% | — | — | |
| Q1 2011 | -2.5% | — | — | |
| Q4 2010 | -4.1% | — | — | |
| Q3 2009 | -3.4% | — | — | |
| Q3 2010 | -3.4% | — | — | |
| Q2 2010 | +2.4% | — | — | |
| Q2 2009 | +2.4% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q1 2009 | -1.1% | — | — | |
| Q4 2009 | +3.5% | — | — | |
| Q4 2007 | +3.5% | — | — | |
| Q4 2008 | +3.5% | — | — | |
| Q3 2008 | — | — | — | |
| Q2 2008 | — | — | — | |
| Q1 2008 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro