NYSE$CDE

Coeur Mining Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Coeur Mining reported Q4 2025 revenue of $675M with net income of $215M and record quarterly adjusted EBITDA of $425M.

Fourth-quarter revenue totaled $675 million on record production and higher realized gold and silver prices. GAAP net income from continuing operations was $215 million ($0.33 per share); adjusted net income was $227 million ($0.35 per share). Free cash flow was $79 million for the quarter.

  • Q4 revenue $675M; gold production 112k oz.
  • GAAP net income $215M; adjusted EPS $0.35.
  • Rochester achieved record crush and placement rates.
  • Las Chispas contributed strong free cash flow post-acquisition.

Headline financials

Total Revenue

$675M

Previous: $305M+121.0%
EPS (adj)

$0.35

Previous: $0.11+218.2%
Adjusted EBITDA

$424M

Previous: $116M+265.0%
Operating Cash Flow

$375M

Previous: $63.8M+487.2%
Total Debt

$341M

No prior period
Gold Ounces Produced

112.4K

Previous: 87.1K+29.0%
Silver Ounces Produced

4.7M

Previous: 3.2M+46.9%
Gold Ounces Sold

111.3K

Previous: 85.6K+30.1%
Silver Ounces Sold

4.6M

Previous: 3.2M+43.8%
Avg Gold Price

$3.82K

No prior period
Avg Silver Price

$54.30

No prior period
Adj CAS per Gold Oz

$1.21K

No prior period
Adj CAS per Silver Oz

$17.29

No prior period
Capital Expenditures

$61.3M

No prior period
Exploration Expense

$19M

No prior period
Net Income

$215M

Previous: $37.9M+467.3%
Operating Income

$170M

Previous: $105M+62.6%

Revenue & EPS history

Coeur · Revenue · Quarterly

$675M

Q4 2025+121%vs Q4 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Coeur · $189M total across 2 segments · Q1 2022

  • Gold Sales
    $130M-6.4%
  • Silver Sales
    $59M-7.5%

Forward guidance

The release discusses Coeur Mining's outlook for upcoming periods, including capital allocation, operating priorities, and market risks, without relying solely on numeric EPS bridges.

Tailwinds

  • Coeur Mining cites operational execution and demand trends supporting the outlook.
  • Balance sheet and liquidity actions aim to fund growth and 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

-1.5%

Avg return

Earnings day

-3.4%

Avg return

5 days after

-2.6%

Avg return

30 days after

41%

28 / 68 earnings

Positive

+21.4%

Q1 2025

Best reaction

-19.6%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.3%+7.6%-13.1%
Q4 2025+6.2%+9.7%-21.8%
Q3 2025-3.0%-24.3%-5.4%
Q1 2025+21.4%+33.3%+63.5%
Q4 2024-3.9%-19.8%-2.2%
Q3 2024+8.6%+5.4%+9.6%
Q2 2024+0.0%+3.2%-1.9%
Q1 2024+6.0%+13.7%+27.2%
Q4 2023+1.5%-2.7%+27.1%
Q3 2023-6.8%-14.5%+28.1%
Q2 2023-11.6%-8.2%-17.5%
Q1 2023-3.1%-6.5%-12.1%
Q4 2022-4.4%-4.8%+4.8%
Q3 2022-10.9%-17.1%-22.9%
Q2 2022+2.3%+3.9%-12.6%
Q1 2022+0.5%-10.1%+8.3%
Q4 2021-13.9%-18.5%-9.9%
Q3 2021-9.5%-0.6%-16.4%
Q2 2021+2.7%-1.5%-6.1%
Q1 2021-13.5%-8.2%+9.4%
Q4 2020-6.5%+12.5%+11.0%
Q3 2020-10.4%-5.0%-8.3%
Q2 2020-4.7%-5.2%+1.0%
Q1 2020-12.5%-11.8%+32.1%
Q4 2019+0.3%-18.5%-53.5%
Q3 2019+3.0%+5.3%+29.3%
Q2 2019+9.0%+6.8%-4.3%
Q1 2019-10.2%-6.4%-21.3%
Q4 2018+1.6%-6.4%-17.2%
Q3 2018+1.6%+7.8%-18.7%
Q2 2018-9.4%-16.3%-30.2%
Q1 2018-2.9%-9.6%-1.9%
Q4 2017-7.0%-6.3%-0.2%
Q3 2017-10.6%-8.0%-8.0%
Q2 2017-6.9%-3.3%-4.6%
Q1 2017-3.1%-3.2%+8.7%
Q4 2016-19.6%-19.7%-35.3%
Q3 2016-1.9%-1.4%-15.8%
Q2 2016+9.4%+16.1%+1.6%
Q1 2016+4.8%
Q4 2015+14.2%
Q3 2015+5.2%
Q2 2015-7.5%
Q1 2015-2.7%
Q4 2014-12.2%
Q3 2014-1.6%
Q2 2014+2.4%
Q1 2014-5.6%
Q4 2013+2.7%
Q3 2013-9.7%
Q2 2013+12.4%
Q1 2013-4.8%
Q4 2012+1.9%
Q3 2012-14.2%
Q2 2012+7.6%
Q1 2012-6.8%
Q4 2011-2.6%
Q3 2011+8.1%
Q2 2011+0.7%
Q1 2010-3.6%
Q1 2011-2.1%
Q4 2008+5.0%
Q4 2010+5.0%
Q3 2009+11.8%
Q3 2010+11.8%
Q4 2009-3.4%
Q2 2009-3.4%
Q2 2010-3.4%

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