NYSE$TGB

Taseko Mines Ltd · Q1 2026 earnings

Q1 2026 earnings · · After market close · Investor relations

Briefing

Taseko swung to Q1 profit on $237M revenue as Gibraltar copper production jumped 50% to 30M pounds.

Taseko Mines reported first quarter 2026 revenues of $237.1 million, up sharply from $139.1 million a year earlier, as Gibraltar produced 30.0 million pounds of copper (+50% YoY) and Florence Copper began cathode production. Net income was $16.8 million ($0.05 basic EPS) versus a $28.6 million loss in Q1 2025; adjusted net income was $27.5 million ($0.08 adjusted EPS). Adjusted EBITDA was $93.5 million and operating cash flow was $93.9 million, with total liquidity of $322 million including undrawn credit facilities.

  • Revenue of $237.1 million rose from $139.1 million YoY on higher copper sales and prices.
  • Gibraltar produced 30.0M lb copper at C1 cost of US$2.63/lb; sold 27.0M lb at US$5.74/lb realized.
  • Net income was $16.8M ($0.05 EPS); adjusted net income $27.5M ($0.08 adjusted EPS).
  • Florence Copper produced 1.5M lb cathode after mid-February plant startup.
  • Cash balance was $169M with $322M total available liquidity at quarter end.

Headline financials

Total Revenue

C$237M

Previous: C$98M+141.8%
EPS (adj)

C$0.08

Previous: -C$0.06+224.8%
Adjusted EBITDA

C$93.5M

No prior period
C1 Cost (US$/lb Cu)

C$2.63

No prior period
Copper Production (lbs)

30.0M

No prior period
Free Cash Flow

C$93.9M

No prior period
Net Income

C$16.8M

Previous: -C$19.9M+184.6%
Operating Income

C$115M

Previous: C$5.35M+2041.4%
Cash & Equivalents

C$169M

No prior period

Revenue & EPS history

Taseko Mines · Revenue · Quarterly

C$237M

Q1 2026+141.8%vs Q1 2025
Beat estimate in 6 of 9 quarters(67%)
ActualEstimate

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

-0.2%

Avg return

Earnings day

-0.6%

Avg return

5 days after

+1.2%

Avg return

30 days after

46%

30 / 65 earnings

Positive

+20.1%

Q2 2020

Best reaction

-12.8%

Q1 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.6%+5.5%
Q4 2025-4.4%+4.7%-28.6%
Q3 2025-11.9%-9.4%+13.4%
Q2 2025+0.3%+2.9%+10.4%
Q1 2025-11.3%-12.7%+0.9%
Q4 2024-0.5%+4.8%-12.9%
Q3 2024+10.3%-2.7%-11.3%
Q1 2024-2.4%-6.3%+9.7%
Q2 2024+2.4%-6.3%+9.7%
Q4 2023+8.1%+6.8%+47.8%
Q3 2023+16.7%+24.1%+17.6%
Q2 2023-2.8%-5.6%-0.7%
Q1 2023-12.8%-7.3%-14.6%
Q4 2022-3.6%+3.6%-8.5%
Q3 2022+15.9%+15.9%+35.5%
Q2 2022-3.8%+3.8%-1.0%
Q1 2022-2.7%-16.2%-10.8%
Q4 2021-3.7%-0.5%+22.0%
Q3 2021+0.5%+2.7%-7.3%
Q2 2021+0.6%-5.5%+6.6%
Q1 2021+4.8%+20.4%+17.5%
Q4 2020-7.1%-12.2%-12.2%
Q3 2020-8.8%-17.5%-21.9%
Q2 2020+20.1%+13.0%+49.3%
Q1 2020+8.9%+3.1%+25.0%
Q4 2019-7.6%-9.1%-50.0%
Q3 2019+5.5%+0.0%-6.8%
Q2 2019+2.1%+2.3%-2.3%
Q1 2019-4.8%-9.5%-22.2%
Q4 2018-5.0%-6.7%-3.3%
Q3 2018+10.4%+11.1%+1.6%
Q2 2018+3.5%+2.7%-2.7%
Q1 2018-0.9%-1.8%-1.8%
Q4 2017-11.0%-9.2%-32.9%
Q3 2017-9.6%-2.6%-4.4%
Q2 2017+3.4%+10.1%+35.6%
Q1 2017-8.6%-6.9%+7.8%
Q4 2016-2.8%-4.2%-12.7%
Q3 2016+3.7%+14.0%+53.5%
Q1 2016-2.0%-8.8%-21.1%
Q2 2016-5.3%-13.8%-24.6%
Q4 2015-4.7%
Q3 2015-5.6%
Q2 2015+0.9%
Q1 2015-1.1%
Q4 2014+2.7%
Q3 2014-3.4%
Q2 2014-0.8%
Q1 2014+0.5%
Q4 2013+3.8%
Q3 2013-1.5%
Q2 2013+6.4%
Q1 2013-2.5%
Q4 2012+7.0%
Q3 2012+0.9%
Q2 2012+0.4%
Q1 2012-0.3%
Q4 2011+4.8%
Q3 2011-4.7%
Q2 2011+2.1%
Q1 2011+1.2%
Q4 2010-0.6%
Q3 2010-7.2%
Q2 2010+4.3%
Q1 2010+4.3%

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