NYSE$AGI
Alamos Gold Inc · Q4 2025 earnings
Q4 2025 earnings · · After market close · Investor relations
Briefing
Alamos Gold reported record quarterly revenue and net earnings in Q4 2025, driven by higher realized gold prices and strong free cash flow generation.
In Q4 2025, Alamos Gold generated record revenue of $575300000 and net earnings of $434900000, supported by an average realized gold price of $3998 per ounce. The Company delivered strong free cash flow of $156900000 despite higher costs and operational challenges at its Canadian operations.
- Record quarterly revenue of $575300000 driven by higher realized gold prices
- Net earnings of $434900000 with adjusted net earnings of $227600000
- Free cash flow reached a quarterly record of $156900000
- Total cash costs of $1111 per ounce and AISC of $1592 per ounce increased year-over-year
Headline financials
Revenue & EPS history
Alamos Gold · Revenue · Quarterly
$575M
Forward guidance
For 2026, Alamos expects production growth with declining costs driven by the Phase 3+ Shaft Expansion at Island Gold and continued operational improvements, while capital spending will increase to support major growth projects.
Tailwinds
- 2026 production expected between 570000 and 650000 ounces
- AISC expected to trend lower through 2026
- Significant production growth projected through 2028
- Strong liquidity position with $623100000 in cash
- Higher dividend with 60% increase starting Q1 2026
Headwinds
- Higher capital spending expected in 2026 between 850000000 and 940000000
- Costs expected to be above full-year guidance in first half of 2026
- Cash flow impacted by gold prepayment deliveries in H1 2026
- Increased cash taxes expected in 2026
- Operational challenges from prior year may pressure early 2026 results
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
+0.0%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.9%
Avg return
30 days after
54%
31 / 57 earnings
Positive
+9.4%
Q2 2022
Best reaction
-15.7%
Q3 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +4.9% | +15.6% | -12.5% | |
| Q3 2025 | -2.6% | -5.8% | +17.7% | |
| Q2 2025 | -4.3% | +3.4% | +20.0% | |
| Q1 2025 | -9.8% | -4.5% | -9.2% | |
| Q4 2024 | +2.6% | +2.0% | +15.1% | |
| Q4 2023 | -2.7% | -2.3% | -5.4% | |
| Q3 2023 | -2.9% | -1.3% | +6.0% | |
| Q2 2023 | -5.1% | -0.7% | -2.8% | |
| Q1 2023 | +0.4% | +1.7% | -3.4% | |
| Q4 2022 | -1.5% | -0.1% | +15.5% | |
| Q3 2022 | +5.0% | +1.8% | +24.0% | |
| Q2 2022 | +9.4% | +11.3% | +8.6% | |
| Q1 2022 | +1.6% | -1.2% | -1.2% | |
| Q4 2021 | +0.1% | +2.1% | +15.8% | |
| Q3 2021 | -4.5% | -7.7% | -4.0% | |
| Q2 2021 | +2.1% | +1.5% | +0.4% | |
| Q1 2021 | -0.4% | +2.4% | +10.3% | |
| Q4 2020 | +0.7% | -4.4% | +5.3% | |
| Q3 2020 | +3.3% | +7.0% | -7.0% | |
| Q2 2020 | -9.0% | -8.7% | -10.4% | |
| Q1 2020 | -1.3% | +2.1% | -1.0% | |
| Q4 2019 | +6.8% | +9.0% | -30.0% | |
| Q3 2019 | +6.5% | +5.9% | +11.0% | |
| Q2 2019 | +4.4% | +12.2% | +3.5% | |
| Q1 2019 | -7.1% | -4.5% | +4.7% | |
| Q4 2018 | +0.2% | +1.2% | +8.9% | |
| Q3 2018 | -3.0% | -2.5% | -19.3% | |
| Q2 2018 | +0.4% | -3.7% | -19.2% | |
| Q1 2018 | +2.2% | -0.6% | +2.6% | |
| Q4 2017 | -4.9% | -5.2% | +0.9% | |
| Q3 2017 | +1.9% | -0.3% | +1.1% | |
| Q2 2017 | +8.9% | +8.1% | +18.4% | |
| Q1 2017 | -4.2% | -5.8% | +0.4% | |
| Q3 2016 | -15.7% | -7.6% | -19.5% | |
| Q2 2016 | -1.6% | -0.2% | -13.4% | |
| Q1 2016 | -3.3% | — | — | |
| Q4 2016 | +0.8% | — | — | |
| Q3 2015 | -6.1% | — | — | |
| Q2 2015 | +3.7% | — | — | |
| Q1 2015 | +5.2% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q1 2014 | -2.0% | — | — | |
| Q4 2013 | -6.2% | — | — | |
| Q3 2013 | +7.4% | — | — | |
| Q4 2012 | +8.4% | — | — | |
| Q1 2013 | +8.4% | — | — | |
| Q3 2012 | +3.5% | — | — | |
| Q2 2012 | +2.1% | — | — | |
| Q1 2012 | +2.5% | — | — | |
| Q4 2011 | +5.8% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | -1.1% | — | — | |
| Q1 2011 | -3.6% | — | — | |
| Q4 2010 | +0.4% | — | — | |
| Q3 2010 | -3.2% | — | — | |
| Q2 2010 | -5.3% | — | — | |
| Q1 2010 | +2.2% | — | — |
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