NYSE$EQX
Equinox Gold Corp · Q3 2025 earnings
Q3 2025 earnings · · Investor relations
Briefing
Equinox Gold reported Q3 2025 revenue of $819M with net income of $85.6M and record quarterly production.
Revenue was $819.0 million on record gold production of 236,382 ounces. Net income was $85.6 million ($0.11 basic EPS) and adjusted net income was $147.4 million ($0.19 per share). The company reduced net debt by $139.3 million during the quarter.
- Q3 revenue $819M; production 236,382 oz.
- Net income $85.6M; adjusted net income $147.4M.
- AISC $1,833/oz; strong mine-site free cash flow.
- Greenstone and Valentine ramp support 2026 production outlook.
Headline financials
Revenue & EPS history
Equinox Gold · Revenue · Quarterly
$819M
Forward guidance
The filing discusses Equinox Gold's outlook, including capital allocation, operating priorities, and market risks relevant to the reported quarter.
Tailwinds
- Equinox Gold cites operational priorities and demand trends supporting the outlook.
- Balance sheet and liquidity actions aim to fund growth and returns.
- Management discussed production, bookings, or volume trends into upcoming periods.
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 Q3 2025
-1.9%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+4.8%
Avg return
30 days after
38%
10 / 26 earnings
Positive
+11.1%
Q4 2019
Best reaction
-21.2%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | +8.4% | +18.5% | -23.4% | |
| Q3 2025 | +7.6% | +17.0% | +31.3% | |
| Q1 2025 | -9.3% | -11.0% | +0.6% | |
| Q4 2024 | +2.3% | -2.9% | -2.3% | |
| Q2 2024 | -7.9% | +5.7% | +7.0% | |
| Q4 2023 | -1.2% | -4.3% | +28.4% | |
| Q3 2023 | +0.9% | +8.7% | +22.0% | |
| Q2 2023 | -0.8% | -1.8% | -1.0% | |
| Q4 2022 | -1.4% | -6.8% | +26.8% | |
| Q3 2022 | -21.2% | -5.0% | +19.9% | |
| Q2 2022 | -3.2% | -6.1% | -22.7% | |
| Q1 2022 | -12.7% | -18.0% | -10.2% | |
| Q4 2021 | +3.6% | +14.8% | +31.0% | |
| Q3 2021 | +0.9% | +5.8% | -9.2% | |
| Q2 2021 | -7.0% | -12.2% | +7.2% | |
| Q1 2021 | +5.2% | +8.4% | +10.9% | |
| Q4 2020 | -3.4% | -2.5% | +1.5% | |
| Q3 2020 | -13.6% | -9.5% | -12.3% | |
| Q2 2020 | -4.9% | -0.2% | -3.7% | |
| Q1 2020 | +0.8% | +7.8% | +18.4% | |
| Q4 2019 | +11.1% | +19.9% | -4.1% | |
| Q3 2019 | -0.9% | +4.8% | +22.2% | |
| Q2 2019 | -0.9% | -1.2% | -10.0% | |
| Q1 2019 | +1.4% | -1.9% | -13.6% | |
| Q4 2018 | -1.2% | — | — | |
| Q3 2018 | -1.1% | — | — | |
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