Seabridge Gold Inc. (SA) Income Statement
SA 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsSA revenue and net income
SA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SA income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Cost of revenue | C$231,810 | C$386,000 | C$385,000 | C$156,000 | C$168,000 | C$36,000 | C$27,761 | C$7.4M | C$2.1M | C$0 |
| Gross profit | −C$231,810 | −C$386,000 | −C$385,000 | −C$156,000 | −C$168,000 | −C$36,000 | −C$27,761 | −C$7.4M | −C$2.1M | C$0 |
| Research & development | — | — | — | — | — | — | C$0 | C$0 | C$0 | C$0 |
| Sales, general & admin | C$22.1M | C$21.2M | C$17.4M | C$16.1M | C$13.4M | C$16.5M | C$13.3M | C$12.4M | C$13.7M | C$9.7M |
| Total operating expenses | C$22.0M | C$21.6M | C$17.4M | C$22.8M | C$18.8M | C$16.5M | C$10.3M | C$19.8M | C$15.7M | C$9.7M |
| Operating income | −C$22.2M | −C$21.6M | −C$17.4M | −C$22.8M | −C$18.8M | −C$16.5M | −C$10.3M | −C$12.4M | −C$15.7M | −C$9.7M |
| Interest income | C$4.8M | C$3.2M | C$4.7M | C$2.8M | C$176,000 | C$114,000 | C$279,000 | C$164,000 | C$149,000 | C$149,000 |
| Interest expense | C$551,549 | C$366,000 | C$3.7M | C$3.5M | C$94,000 | C$815,000 | C$267,000 | C$144,000 | C$32,000 | C$28,000 |
| Income before taxes | −C$65.0M | −C$19.9M | −C$38.0M | C$874,000 | C$5.5M | −C$15.7M | −C$9.5M | −C$15.0M | −C$8.1M | −C$4.3M |
| Income taxes | −C$11.9M | C$11.4M | −C$8.7M | C$8.3M | C$4.6M | −C$800,000 | −C$537,497 | C$5.0M | C$2.2M | C$3.0M |
| Net income | −C$53.1M | −C$31.2M | −C$29.3M | −C$7.4M | C$895,000 | −C$14.9M | −C$9.0M | −C$19.9M | −C$10.3M | −C$7.3M |
| EBITDA | −C$64.2M | −C$19.1M | −C$33.3M | C$4.4M | C$5.7M | −C$16.5M | −C$9.1M | −C$7.4M | −C$6.0M | −C$4.3M |
| 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 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 | C$0 |
| Cost of revenue | C$33,014 | C$32,082 | C$57,951 | — | C$58,000 | C$58,000 | C$98,000 | C$97,000 | C$96,000 | C$95,000 | C$73,941 | C$72,137 |
| Gross profit | −C$33,014 | −C$32,082 | −C$57,951 | — | −C$58,000 | −C$58,000 | −C$98,000 | −C$97,000 | −C$96,000 | −C$95,000 | −C$73,941 | −C$72,137 |
| Sales, general & admin | C$9.3M | C$6.1M | C$8.1M | C$4.7M | C$5.0M | C$4.4M | C$7.7M | C$4.0M | C$4.8M | C$4.7M | C$5.8M | C$3.7M |
| Total operating expenses | C$9.3M | C$6.1M | C$8.0M | C$4.7M | C$5.0M | C$4.4M | C$7.7M | C$4.0M | C$4.8M | C$4.6M | C$4.4M | C$2.7M |
| Operating income | −C$9.3M | −C$6.2M | −C$8.1M | −C$4.7M | −C$5.0M | −C$4.4M | −C$7.7M | −C$4.0M | −C$4.8M | −C$4.6M | −C$4.5M | −C$2.8M |
| Interest income | C$1.1M | C$971,000 | C$1.0M | C$1.5M | C$1.4M | C$878,000 | C$645,000 | C$896,000 | C$1.3M | C$311,000 | — | C$1.7M |
| Interest expense | C$1.1M | C$7,018 | C$234,808 | C$143,000 | C$159,000 | C$130,000 | C$131,000 | C$321,000 | C$147,000 | C$51,000 | C$5.1M | C$129,000 |
| Income before taxes | C$149.7M | −C$8.2M | −C$62.5M | −C$27.8M | C$10.3M | C$14.9M | −C$42.2M | −C$36.1M | C$60.9M | −C$2.4M | −C$27.4M | C$778,794 |
| Income taxes | C$32.2M | −C$1.5M | −C$18.7M | C$4.5M | −C$2.0M | C$4.3M | −C$1.4M | −C$8.6M | C$15.6M | C$5.8M | −C$10.7M | C$4.7M |
| Net income | C$117.5M | −C$6.7M | −C$43.7M | −C$32.3M | C$12.3M | C$10.6M | −C$40.8M | −C$27.6M | C$45.2M | −C$8.2M | −C$16.7M | −C$3.9M |
| EBITDA | −C$9.3M | −C$8.2M | −C$62.2M | −C$27.6M | C$10.5M | C$15.0M | −C$8.1M | −C$35.8M | C$61.0M | −C$2.3M | −C$27.3M | C$931,902 |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in SA's financial statements (latest annual report filed March 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SA financial results
Seabridge Gold reported no revenue in fiscal year 2025 (ended December 31, 2025). It had a net loss of C$53.1 million. Figures are in Canadian dollars, the currency of its financial statements.
See the SA stock overview for the latest quote and news, or the SA chart for price history and technical indicators.
SA income statement FAQ
Does Seabridge Gold have revenue?
Seabridge Gold reported no revenue for fiscal year 2025, which ended on December 31, 2025.
Is Seabridge Gold profitable?
No. Seabridge Gold reported a net loss of C$53.1 million in fiscal 2025.
When will Seabridge Gold report its next earnings?
Seabridge Gold is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Seabridge Gold's fiscal year end?
Seabridge Gold's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 27, 2026.