NYSE$AEM

Agnico Eagle Mines Ltd · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Agnico Eagle reported Q4 2025 revenue from mining operations of $3.56B with net income of $1.52B, or $3.04 per share.

Payable gold production was 840,608 ounces at realized gold prices near $4,163/oz, driving record quarterly free cash flow of $1.31 billion. Net income was $1.52 billion ($3.04 per share) including a Macassa impairment reversal; adjusted net income was $1.35 billion ($2.70 per share). The dividend increased 12.5% with updated 2026–2028 production guidance of 3.3–3.5M ounces annually.

  • Q4 production 840,608 oz gold.
  • Net income $1.52B; adjusted net income $1.35B.
  • Record Q4 free cash flow $1.31B.
  • Dividend raised 12.5%; 2026–28 output ~3.3–3.5M oz.

Headline financials

Total Revenue

$3.56B

Previous: $2.22B+60.3%
EPS (adj)

$2.70

Previous: $1.26+114.3%
Payable Gold Production

840.6K

Previous: 862.0K-2.5%
Production Costs per Ounce

$1.11K

Previous: $905.00+23.0%
Total Cash Costs per Ounce

$1.09K

Previous: $857.00+27.1%
AISC per Ounce

$1.52K

Previous: $1.21K+25.4%
Net Income

$1.52B

Previous: $509M+199.2%
Operating Income

$2.1B

Previous: $783M+168.3%

Revenue & EPS history

Agnico Eagle · Revenue · Quarterly

$3.56B

Q4 2025+60.3%vs Q4 2024
Beat estimate in 8 of 14 quarters(57%)
ActualEstimate

Forward guidance

The release discusses AEM's outlook for upcoming periods, including capital allocation, operating priorities, and market risks.

Tailwinds

  • AEM cites operational execution and demand trends supporting the outlook.
  • Balance sheet and capital actions aim to fund growth and shareholder returns.

Headwinds

  • Macro, pricing, and input-cost volatility could pressure margins.
  • Segment mix and one-time items may affect quarter-to-quarter comparability.

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 Q4 2025

Historical avgQ4 2025

+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

Earnings price reactions
QuarterReport dateReaction (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

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