Kinross Gold Corporation (KGC) Income Statement
KGC 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsKGC revenue and net income
Where KGC's revenue goes
2025Each bar shows an amount and its share of revenue. KGC kept 33.9% of revenue as net income.
KGC profit margins
KGC growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +39.3% | +27.6% | +11.2% | +8.9% |
| Gross profit | +81.2% | +87.6% | +8.2% | — |
| Operating income | +101.2% | +197.5% | +10.3% | — |
| Net income | +156.3% | — | +12.6% | — |
| EPS (diluted) | +176.1% | +100.4% | +19.2% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
KGC quarterly EPS vs estimates
Kinross Gold beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 28, 2026 (estimate $0.48).
KGC income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.17B | $5.15B | $4.24B | $3.46B | $2.60B | $4.21B | $3.50B | $3.21B | $3.30B | $3.47B |
| Cost of revenue | $3.77B | $3.27B | $3.08B | $2.94B | $2.06B | $1.92B | $2.15B | $2.63B | $2.60B | $2.98B |
| Gross profit | $3.40B | $1.88B | $1.16B | $515.4M | $541.1M | $2.30B | $1.35B | $579.7M | $704.7M | $493.6M |
| Research & development | — | — | — | — | — | — | $113.5M | $109.2M | $106.0M | $94.3M |
| Sales, general & admin | $139.9M | $324.0M | $110.7M | $129.8M | $114.4M | $117.9M | $135.8M | $133.0M | $132.6M | $143.7M |
| Total operating expenses | $305.7M | $338.0M | $358.2M | $397.7M | $469.0M | $396.9M | $357.8M | $379.2M | $368.2M | $447.3M |
| Operating income | $3.10B | $1.54B | $801.4M | $117.7M | $72.1M | $1.90B | $991.1M | $200.5M | $336.5M | $46.3M |
| Interest income | $8.8M | $18.2M | $39.8M | $49.9M | $64.9M | $4.3M | $66.9M | $66.9M | $78.9M | $100.8M |
| Interest expense | $83.2M | $50.5M | $69.0M | $68.2M | $71.6M | $89.6M | $76.9M | $72.1M | $86.5M | $100.4M |
| Income before taxes | $3.25B | $1.48B | $708.6M | $106.7M | $84.3M | $1.80B | $963.8M | $113.2M | $419.0M | −$59.5M |
| Income taxes | $737.4M | $487.4M | $293.2M | $76.1M | $115.0M | $439.8M | $246.7M | $138.8M | −$23.2M | $49.6M |
| Net income | $2.43B | $948.8M | $416.3M | −$605.2M | $221.2M | $1.34B | $718.6M | −$23.6M | $445.4M | −$104.0M |
| EBITDA | $4.44B | $2.68B | $1.76B | $958.9M | $851.6M | $2.80B | $1.81B | $938.3M | $1.32B | $895.9M |
| EPS (diluted) | $1.85 | $0.67 | $0.44 | $0.23 | $0.39 | $0.77 | $0.34 | $0.10 | $0.14 | $0.04 |
| Gross margin | 47.5% | 36.5% | 27.4% | 14.9% | 20.8% | 54.5% | 38.6% | 18.0% | 21.3% | 14.2% |
| Operating margin | 43.2% | 29.9% | 18.9% | 3.4% | 2.8% | 45.1% | 28.3% | 6.2% | 10.2% | 1.3% |
| Net margin | 33.9% | 18.4% | 9.8% | −17.5% | 8.5% | 31.9% | 20.5% | −0.7% | 13.5% | −3.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.18B | $2.37B | $2.05B | $1.78B | $1.73B | $1.50B | $1.42B | $1.43B | $1.22B | $1.08B | $1.12B | $1.10B |
| Cost of revenue | $975.8M | $1.00B | $977.1M | $936.8M | $831.3M | $835.1M | $868.6M | $786.4M | $831.9M | $783.6M | $862.6M | $784.5M |
| Gross profit | $1.21B | $1.37B | $1.08B | $845.3M | $897.2M | $662.4M | $547.2M | $645.6M | $387.6M | $297.9M | $253.1M | $317.9M |
| Sales, general & admin | $32.4M | $44.9M | $43.4M | $31.2M | $29.6M | $35.7M | $31.9M | $27.4M | $31.9M | $77.1M | $27.2M | $26.5M |
| Total operating expenses | $60.8M | $64.3M | $92.0M | $82.7M | $122.4M | $92.0M | $46.1M | $97.9M | $89.3M | $104.7M | $59.6M | $91.7M |
| Operating income | $1.14B | $1.31B | $985.0M | $762.7M | $774.8M | $570.4M | $501.1M | $547.7M | $298.3M | $193.2M | $193.5M | $226.2M |
| Interest income | $19.8M | $15.4M | $4.7M | $45.2M | $7.4M | $4.2M | $3.5M | $6.3M | $4.5M | $3.9M | $8.3M | $1.8M |
| Interest expense | $8.2M | $7.1M | $21.2M | $17.9M | $20.2M | $22.6M | $14.4M | $13.3M | $11.5M | $11.3M | $16.0M | $20.2M |
| Income before taxes | $1.15B | $1.30B | $1.11B | $832.1M | $729.5M | $526.2M | $494.5M | $524.5M | $286.7M | $175.7M | $154.2M | $211.3M |
| Income taxes | $321.8M | $458.8M | $187.5M | $229.7M | $170.9M | $136.8M | $206.3M | $134.2M | $77.8M | $69.1M | $89.0M | $102.4M |
| Net income | $822.8M | $831.3M | $920.4M | $578.4M | $530.7M | $368.0M | $275.6M | $355.3M | $210.9M | $107.0M | $65.4M | $109.7M |
| EBITDA | $1.42B | $1.59B | $1.40B | $1.14B | $1.01B | $837.2M | $793.7M | $834.0M | $594.0M | $457.7M | $460.3M | $497.6M |
| EPS (diluted) | $0.71 | $0.71 | $0.67 | $0.44 | $0.44 | $0.30 | $0.19 | $0.24 | $0.14 | $0.10 | $0.11 | $0.12 |
| Gross margin | 55.3% | 57.8% | 52.4% | 47.4% | 51.9% | 44.2% | 38.6% | 45.1% | 31.8% | 27.5% | 22.7% | 28.8% |
| Operating margin | 52.5% | 55.1% | 48.0% | 42.8% | 44.8% | 38.1% | 35.4% | 38.2% | 24.5% | 17.9% | 17.3% | 20.5% |
| Net margin | 37.7% | 35.0% | 44.8% | 32.5% | 30.7% | 24.6% | 19.5% | 24.8% | 17.3% | 9.9% | 5.9% | 10.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in KGC's financial statements (latest annual report filed March 26, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
KGC financial results
In fiscal year 2025 (ended December 31, 2025), Kinross Gold reported revenue of $7.2 billion, up 39.3% from the year before. It had net income of $2.4 billion (up 156.3%), a net profit margin of 33.9%. Diluted earnings per share came to $1.85. Over five years revenue grew at an average rate of 11.2% a year.
See the KGC stock overview for the latest quote and news, or the KGC chart for price history and technical indicators.
KGC income statement FAQ
What is Kinross Gold's annual revenue?
Kinross Gold reported total revenue of $7.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 39.3% from $5.1 billion the previous year.
Is Kinross Gold profitable?
Yes. Kinross Gold reported net income of $2.4 billion in fiscal 2025, a net profit margin of 33.9%; its operating margin was 43.2%.
What is Kinross Gold's gross margin?
Kinross Gold's gross margin was 47.5% in fiscal 2025: for every $100 of revenue, Kinross Gold kept $47 after the direct cost of its products and services.
How fast is Kinross Gold growing?
Revenue grew 11.2% a year on average over the last five fiscal years, from $4.2 billion to $7.2 billion.
What are Kinross Gold's earnings per share?
Kinross Gold earned $1.85 per diluted share in fiscal 2025, compared with $0.67 a year earlier.
When will Kinross Gold report its next earnings?
Kinross Gold is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Kinross Gold's fiscal year end?
Kinross Gold's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 26, 2026.