Equinox Gold reported second quarter 2026 revenue of $769.8 million and diluted earnings per share of $0.25, both surpassing analyst expectations. The results mark a substantial improvement from the prior-year period, which saw revenue of $285.8 million and EPS of $0.05.
Key Highlights
- Revenue: Grew 169% year-over-year to $769.8 million from $285.8 million, beating consensus estimates of $752.2 million.
- Profitability: Reported net income of $230.6 million, a significant increase from $23.8 million in the same quarter last year. Net income from continuing operations was $218.6 million, compared to a net loss of $28.4 million a year ago.
- Operational Strength: Income from mine operations more than tripled to $301.7 million from $99.9 million in the second quarter of 2025, reflecting strong operational performance.