Taseko Mines Limited (TGB) Income Statement
TGB 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsTGB revenue and net income
Where TGB's revenue goes
2025Each bar shows an amount and its share of revenue. TGB kept −4.5% of revenue as net income.
TGB profit margins
TGB growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +10.7% | +19.8% | +14.4% | +8.8% |
| Gross profit | +49.5% | +47.8% | +49.2% | +63.0% |
| Operating income | +81.1% | +51.0% | — | — |
| 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.
TGB income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$672.9M | C$608.1M | C$525.0M | C$391.6M | C$433.3M | C$343.3M | C$254.2M | C$343.9M | C$378.3M | C$263.9M |
| Cost of revenue | C$497.8M | C$490.9M | C$317.6M | C$337.4M | C$269.5M | C$319.5M | C$288.0M | C$302.6M | C$248.3M | C$262.1M |
| Gross profit | C$175.2M | C$117.2M | C$207.4M | C$54.2M | C$163.8M | C$23.7M | −C$33.8M | C$41.2M | C$130.0M | C$1.8M |
| Research & development | C$4.0M | — | — | — | — | — | C$3.6M | C$1.8M | C$1.7M | C$2.1M |
| Sales, general & admin | C$30.6M | C$21.9M | C$21.1M | C$15.9M | C$22.4M | C$19.7M | C$16.8M | C$12.4M | C$19.8M | C$19.8M |
| Total operating expenses | C$37.1M | C$40.9M | C$21.1M | C$14.1M | C$20.9M | C$23.7M | C$12.9M | C$12.7M | C$20.4M | C$1.8M |
| Operating income | C$138.1M | C$76.2M | C$186.2M | C$40.1M | C$143.3M | −C$1.4M | −C$46.7M | C$28.5M | C$108.1M | −C$18.7M |
| Interest income | C$3.9M | C$5.2M | C$2.7M | C$1.8M | C$38.7M | C$249,000 | C$18.6M | C$57.1M | C$13.2M | C$18.1M |
| Interest expense | C$87.8M | C$78.5M | C$43.4M | C$38.8M | C$39.2M | C$37.3M | C$35.5M | C$34.4M | C$33.3M | C$30.0M |
| Income before taxes | −C$49.5M | C$18.1M | C$132.9M | −C$19.1M | C$70.8M | −C$32.6M | −C$66.1M | −C$35.3M | C$63.4M | −C$46.1M |
| Income taxes | −C$19.4M | C$31.5M | C$50.1M | C$6.8M | C$34.3M | −C$9.1M | −C$24.9M | C$448,000 | C$29.2M | −C$14.7M |
| Net income | −C$30.1M | −C$13.4M | C$82.7M | −C$26.0M | C$36.5M | −C$23.5M | −C$41.2M | −C$35.8M | C$34.3M | −C$31.4M |
| EBITDA | C$141.5M | C$170.9M | C$233.2M | C$71.6M | C$176.6M | C$97.9M | C$72.8M | C$89.7M | C$149.2M | C$37.2M |
| Gross margin | 26.0% | 19.3% | 39.5% | 13.8% | 37.8% | 6.9% | −13.3% | 12.0% | 34.4% | 0.7% |
| Operating margin | 20.5% | 12.5% | 35.5% | 10.2% | 33.1% | −0.4% | −18.4% | 8.3% | 28.6% | −7.1% |
| Net margin | −4.5% | −2.2% | 15.8% | −6.6% | 8.4% | −6.9% | −16.2% | −10.4% | 9.1% | −11.9% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Jun '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$232.6M | C$234.6M | C$243.8M | C$173.9M | C$116.1M | C$139.1M | C$167.8M | C$155.6M | C$137.7M | C$146.9M | C$153.7M | C$86.6M |
| Cost of revenue | C$151.9M | C$153.2M | C$119.7M | C$134.7M | C$120.6M | C$122.8M | C$134.9M | C$124.8M | C$108.6M | C$122.5M | C$93.9M | C$75.9M |
| Gross profit | C$80.7M | C$81.4M | C$124.1M | C$39.2M | −C$4.5M | C$16.4M | C$32.9M | C$30.8M | C$29.1M | C$24.4M | C$59.8M | C$10.6M |
| Research & development | — | C$954,459 | — | C$0 | — | — | — | C$0 | — | — | — | — |
| Sales, general & admin | C$5.9M | C$13.6M | C$12.1M | C$9.6M | C$8.9M | C$8.3M | C$2.4M | C$5.0M | C$6.0M | C$8.6M | C$5.6M | C$3.9M |
| Total operating expenses | C$7.4M | C$14.6M | C$12.1M | C$10.3M | C$5.2M | C$9.5M | C$3.4M | C$11.7M | C$17.0M | C$8.8M | C$4.1M | C$3.0M |
| Operating income | C$73.3M | C$66.8M | C$111.9M | C$28.9M | −C$9.7M | C$6.9M | C$29.5M | C$19.0M | C$12.1M | C$15.6M | C$55.7M | C$7.7M |
| Interest income | C$1.1M | C$1.5M | C$1.1M | C$1.4M | C$124,000 | C$1.3M | C$1.7M | C$1.5M | C$911,000 | C$1.1M | C$972,000 | C$2.6M |
| Interest expense | C$14.8M | C$9.6M | C$29.6M | C$21.7M | C$21.0M | C$15.5M | C$18.7M | C$23.3M | C$23.5M | C$17.7M | C$10.2M | C$7.5M |
| Income before taxes | C$28.9M | C$33.6M | C$17.6M | −C$24.9M | −C$5.6M | −C$36.5M | −C$9.5M | −C$380,000 | −C$14.2M | C$42.2M | C$101.5M | C$8.0M |
| Income taxes | C$13.3M | C$16.7M | C$13.1M | C$2.9M | −C$27.4M | −C$8.0M | C$11.7M | −C$200,000 | −C$3.2M | C$23.3M | C$34.1M | C$511,483 |
| Net income | C$15.6M | C$16.9M | C$4.5M | −C$27.8M | C$21.9M | −C$28.6M | −C$21.2M | −C$180,000 | −C$11.0M | C$18.9M | C$67.4M | C$7.5M |
| EBITDA | C$72.3M | C$72.5M | C$74.5M | C$24.8M | C$40.9M | C$1.4M | C$34.3M | C$43.4M | C$18.4M | C$74.9M | C$126.2M | C$32.0M |
| Gross margin | 34.7% | 34.7% | 50.9% | 22.6% | −3.9% | 11.8% | 19.6% | 19.8% | 21.1% | 16.6% | 38.9% | 12.3% |
| Operating margin | 31.5% | 28.5% | 45.9% | 16.6% | −8.3% | 4.9% | 17.6% | 12.2% | 8.8% | 10.6% | 36.3% | 8.9% |
| Net margin | 6.7% | 7.2% | 1.8% | −16.0% | 18.8% | −20.5% | −12.6% | −0.1% | −8.0% | 12.9% | 43.9% | 8.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in TGB's financial statements (latest annual report filed March 31, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
TGB financial results
In fiscal year 2025 (ended December 31, 2025), Taseko Mines reported revenue of C$672.9 million, up 10.7% from the year before. It had a net loss of C$30.1 million, a net profit margin of −4.5%. Over five years revenue grew at an average rate of 14.4% a year. Figures are in Canadian dollars, the currency of its financial statements.
See the TGB stock overview for the latest quote and news, or the TGB chart for price history and technical indicators.
TGB income statement FAQ
What is Taseko Mines's annual revenue?
Taseko Mines reported total revenue of C$672.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 10.7% from C$608.1 million the previous year.
Is Taseko Mines profitable?
No. Taseko Mines reported a net loss of C$30.1 million in fiscal 2025, a net profit margin of −4.5%; its operating margin was 20.5%.
What is Taseko Mines's gross margin?
Taseko Mines's gross margin was 26.0% in fiscal 2025: for every $100 of revenue, Taseko Mines kept $26 after the direct cost of its products and services.
How much does Taseko Mines spend on research and development?
Taseko Mines spent C$4.0 million on research and development in fiscal 2025, 0.6% of revenue.
How fast is Taseko Mines growing?
Revenue grew 14.4% a year on average over the last five fiscal years, from C$343.3 million to C$672.9 million.
When will Taseko Mines report its next earnings?
Taseko Mines is expected to report results for the quarter ending September 30, 2026 on November 11, 2026 after the market closes.
When does Taseko Mines's fiscal year end?
Taseko Mines's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 31, 2026.