Coeur Mining (CDE) Q3 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025

Earnings

Coeur Mining delivered a record-breaking third quarter for fiscal 2025, with adjusted earnings of $0.23 per share and revenue of $554.57 million, up 77% year-over-year, as higher precious metals prices and peak production volumes across all five Nort… Read more Coeur Mining delivered a record-breaking third quarter for fiscal 2025, with adjusted earnings of $0.23 per share and revenue of $554.57 million, up 77% year-over-year, as higher precious metals prices and peak production volumes across all five North American mines converged in a single quarter. The single most consequential financial event was a $216.00 million non-cash tax benefit tied to the release of a valuation allowance on U.S. Deferred tax assets, a milestone reflecting three consecutive years of cumulative net income from U.S. Operations, which pushed GAAP net income to a record $266.80 million. Even stripping that benefit out, adjusted EBITDA of $299.10 million represented a 54% margin, underscoring genuine operational momentum. Free cash flow reached a record $188.70 million, enabling Coeur to repay more than $228.00 million in debt year-to-date and drive its net leverage ratio down to just 0.1x. Management now targets full-year 2025 adjusted EBITDA above $1.00 billion and free cash flow exceeding $550.00 million, with a net cash position expected by year-end, setting the stage for what the company projects will be record results in 2026.