NYSE$ORLA

Orla Mining Ltd · Q1 2026 earnings

Q1 2026 earnings ·

Briefing

Orla Mining reported Q1 2026 revenue of $378.9M on 81,540 gold ounces sold, with net income of $75.4M and $0.22 EPS.

For the quarter ended March 31, 2026, Orla sold 81,540 ounces of gold at an average realized price of $4,575/oz, generating $378.9 million in revenue. Net income was $75.4 million, or $0.22 per share; adjusted earnings were $134.7 million, or $0.39 per share. AISC was $1,668/oz versus $845/oz a year ago when Musselwhite was newly acquired.

  • Gold sold 81,540 oz; revenue $378.9M.
  • Net income $75.4M; adjusted EPS $0.39.
  • AISC $1,668/oz; on track for 340–360k oz FY production guide.
  • Declared quarterly dividend of $0.015 per share.

Headline financials

Total Revenue

$379M

No prior period
EPS (adj)

$0.39

No prior period
Net Income

$75.4M

No prior period

Revenue & EPS history

Orla Mining Ltd · Revenue · Quarterly

$379M

Q1 2026

Forward guidance

FY2026 consolidated gold production guidance remains 340,000–360,000 ounces with AISC of $1,550–$1,750/oz. South Railroad feasibility and Camino Rojo underground advancement are key growth catalysts.

Tailwinds

  • Production and sales ahead of plan early in the year.
  • Strong realized gold prices and net cash position.
  • Dividend maintained; liquidity $517M.

Headwinds

  • AISC up YoY on mine mix and inflation.
  • Execution risk on South Railroad construction start.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

+1.3%

Avg return

Earnings day

+3.5%

Avg return

5 days after

+7.6%

Avg return

30 days after

55%

11 / 20 earnings

Positive

+13.8%

Q3 2025

Best reaction

-9.9%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.9%-11.4%-35.1%
Q4 2026+4.9%+8.9%+22.9%
Q3 2025+13.8%+14.4%+23.6%
Q2 2025-5.0%-4.1%+11.2%
Q4 2025-1.6%-1.0%+23.6%
Q3 2024-9.9%-3.4%+26.0%
Q2 2024+4.5%+13.9%+19.5%
Q1 2024+8.3%+16.1%+2.1%
Q4 2024+2.5%-1.1%+11.5%
Q3 2023+0.7%-1.7%+3.8%
Q2 2023+3.4%+3.6%+7.5%
Q1 2023+1.8%+1.6%-4.7%
Q4 2023+12.5%+20.2%+20.7%
Q3 2022-0.8%-6.0%+5.9%
Q2 2022+1.2%+7.6%-4.1%
Q1 2022+1.6%+6.8%+12.0%
Q3 2021-3.8%-3.6%-14.3%
Q2 2021-1.6%-0.3%+4.2%
Q1 2021-3.9%+10.4%+11.3%
Q4 2021-1.5%-0.9%+5.1%

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