Alamos Gold Inc (AGI) financial statements: income statement, balance sheet and cash flow
Alamos Gold Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Alamos Gold Inc reported revenue of $1.8B (+34.3% year on year) and net income of $885.8M (+211.6% year on year).
Income statement
Alamos Gold Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
OPERATING REVENUES
$1.8B
$1.3B
$1.0B
$821.2M
Mining and processing
$572.8M
$518.9M
$437.3M
$394.4M
Royalties
$27.0M
$13.8M
$10.2M
$9.1M
Amortization
$209.7M
$218.4M
$190.2M
$171.5M
Cost of sales
$809.5M
$751.1M
$637.7M
$608.9M
Exploration
$26.3M
$26.7M
$18.2M
$18.4M
Corporate and administrative
$39.3M
$32.6M
$27.6M
$25.9M
Share-based compensation (Note 19)
$55.0M
$31.7M
$21.7M
$18.3M
Reversal of impairment (Note 10)
($218.8M)
($57.1M)
$0
$38.2M
Total expenses
$711.3M
$785.0M
$705.2M
$709.7M
EARNINGS FROM OPERATIONS
$1.1B
$561.9M
$318.1M
$111.5M
Gain on sale of assets (Note 7)
$231.0M
—
—
—
Loss on commodity derivatives (Note 13)
($230.5M)
($24.2M)
—
—
Finance income (expense) (Note 20)
$6.4M
($3.8M)
($2.5M)
($5.7M)
Foreign exchange (loss) gain
($5.1M)
$8.0M
$1.9M
$1.7M
Other loss (Note 21)
($9.6M)
($39.7M)
($23.8M)
($5.1M)
EARNINGS BEFORE INCOME TAXES
$1.1B
$502.2M
$293.7M
$102.4M
Current income tax expense
($120.5M)
($98.7M)
($52.7M)
($10.7M)
Deferred income tax expense
($83.4M)
($119.2M)
($31.0M)
($54.6M)
NET EARNINGS
$885.8M
$284.3M
$210.0M
$37.1M
Net change in fair value of currency hedging instruments, net of taxes
$8.2M
($11.7M)
$8.3M
—
Net change in fair value of fuel hedging instruments, net of taxes
$0
($100.0K)
($200.0K)
—
Unrealized gain on equity securities, net of taxes
$34.9M
$26.4M
($10.5M)
—
Total other comprehensive income
$43.1M
$14.6M
($2.4M)
($26.7M)
COMPREHENSIVE INCOME
$928.9M
$298.9M
$207.6M
$10.4M
- basic (usd per share)
$2.11
$0.70
$0.53
$0.09
- diluted (usd per share)
$2.10
$0.69
$0.53
$0.09
Balance sheet
Alamos Gold Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$623.1M
$327.2M
$224.8M
$129.8M
Equity securities
$58.9M
$24.0M
$13.0M
$18.6M
Deferred payment consideration (Note 7)
$157.1M
—
—
—
Amounts receivable (Note 8)
$45.0M
$46.7M
$53.4M
$37.2M
Inventories (Note 9)
$225.4M
$232.8M
$271.2M
$234.2M
Other current assets
$26.0M
$17.9M
$23.6M
$16.2M
Total Current Assets
$1.1B
$648.6M
$586.0M
$441.0M
Mineral property, plant and equipment (Note 10)
$5.0B
$4.6B
$3.4B
$3.2B
Deferred income taxes (Note 18)
$34.0M
$12.2M
$9.0M
—
Inventories (Note 9)
$84.9M
$25.3M
—
$0
Deferred payment consideration (Note 7)
$142.0M
—
—
—
Other non-current assets (Note 11)
$30.7M
$32.0M
$46.1M
$59.4M
Total Assets
$6.4B
$5.3B
$4.0B
$3.7B
Accounts payable and accrued liabilities (Note 12)
$316.1M
$233.0M
$195.0M
$181.2M
Derivative liabilities (Note 13)
$128.0M
$9.1M
—
—
Deferred revenue (Note 14)
$50.0M
$116.6M
—
—
Income taxes payable
$53.6M
$50.5M
$40.3M
$700.0K
Current portion of lease liabilities (Note 16)
$11.8M
$15.2M
—
—
Current portion of decommissioning liabilities (Note 17)
$8.1M
$6.5M
$12.6M
—
Total Current Liabilities
$567.6M
$430.9M
$247.9M
$181.9M
Deferred income taxes (Note 18)
$873.3M
$760.6M
$703.6M
$660.9M
Derivative liabilities (Note 13)
$129.1M
$140.0M
—
—
Debt and financing obligations (Note 15)
$200.0M
$250.0M
—
—
Lease liabilities (Note 16)
$11.2M
$21.4M
—
—
Decommissioning liabilities (Note 17)
$153.4M
$145.1M
$124.2M
$108.1M
Other non-current liabilities
$4.2M
$3.9M
$2.0M
$2.2M
Total Liabilities
$1.9B
$1.8B
$1.1B
$953.1M
Share capital (Note 19)
$4.1B
$4.1B
$3.7B
$3.7B
Contributed surplus
$87.7M
$89.3M
$88.6M
$90.7M
Accumulated other comprehensive income (loss)
$300.0K
($37.4M)
($26.9M)
($24.8M)
Retained earnings (deficit)
$217.2M
($606.2M)
($876.8M)
($1.0B)
Total Equity
$4.4B
$3.6B
$2.9B
$2.7B
Total Liabilities and Equity
$6.4B
$5.3B
$4.0B
$3.7B
Alamos Gold Inc balance sheet, quarters
Line item
Dec 31, 2017
Cash and cash equivalents
$200.8M
Equity securities
$35.8M
Amounts receivable (note 6)
$34.5M
Inventory (note 7)
$161.2M
Other current assets
$14.4M
Total Current Assets
$446.7M
Long-term inventory (note 7)
$68.7M
Mineral property, plant and equipment (note 8)
$2.8B
Other non-current assets
$45.0M
Total Assets
$3.3B
Accounts payable and accrued liabilities (note 9)
$96.8M
Current portion of financing obligations (note 10)
$4.2M
Income taxes payable
$5.7M
Total Current Liabilities
$106.7M
Deferred income taxes (note 12)
$477.0M
Decommissioning liabilities (note 11)
$44.6M
Debt and financing obligations (note 10)
$3.3M
Other non-current liabilities
$1.0M
Total Liabilities
$632.6M
Share capital (note 13)
$3.7B
Contributed surplus
$89.5M
Warrants
$4.0M
Accumulated other comprehensive income
$13.0M
Deficit
($1.1B)
Total Equity
$2.7B
Total Liabilities and Equity
$3.3B
Cash flow statement
Alamos Gold Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net earnings
$885.8M
$284.3M
$210.0M
$37.1M
Amortization
$209.7M
$218.4M
$190.2M
$171.5M
Reversal of impairment (Note 10)
($218.8M)
($57.1M)
$0
$38.2M
Foreign exchange loss (gain)
$5.1M
($8.0M)
($1.9M)
($1.7M)
Current income tax expense
$120.5M
$98.7M
$52.7M
$10.7M
Deferred income tax expense
$83.4M
$119.2M
$31.0M
$54.6M
Share-based compensation (Note 19(d))
$67.6M
$31.7M
$21.7M
$18.3M
Finance (income) expense
($6.4M)
$3.8M
$2.5M
$5.7M
Loss on commodity derivatives
$230.5M
$24.2M
—
—
Gain on sale of assets (Note 7)
($231.0M)
—
—
—
Deferred revenue recognized (Note 14)
($124.6M)
—
—
—
Settlement of Argonaut legacy gold hedges (Note 13)
($113.5M)
—
—
—
Proceeds from gold sale prepayment (Note 14)
$50.0M
—
—
—
Other items (Note 23)
($34.0M)
$11.0M
$12.7M
($6.7M)
Changes in working capital and taxes paid (Note 23)
($129.0M)
($65.1M)
($46.2M)
($63.1M)
Cash flows from (used in) operating activities
$795.3M
$661.1M
$472.7M
$298.5M
Mineral property, plant and equipment
($507.1M)
($417.6M)
($348.9M)
($313.7M)
Interest capitalized to mineral property, plant and equipment
($17.1M)
($7.7M)
—
—
Proceeds from disposition of equity securities
$9.8M
$1.0M
$100.0K
$0
Investment in equity securities
($500.0K)
($11.6M)
—
—
Investment in equity securities
($2.0M)
($30.2M)
($2.8M)
($4.0M)
Investment in Argonaut, net of cash acquired (Note 6)
$0
—
—
—
Proceeds from sale of assets, net of transaction costs (Note 7)
$160.0M
—
—
—
Transaction costs arising on asset dispositions and acquisitions (Note 5, Note 8)
$0
($1.0M)
($200.0K)
—
Cash flows from (used in) investing activities
($356.9M)
($467.1M)
($351.8M)
($312.7M)
Proceeds from draw down of credit facility
$0
$250.0M
—
—
Repayment of debt and accrued interest assumed on Argonaut acquisition (Note 6)
($50.0M)
($308.3M)
—
$0
Dividends paid (Note 19)
($39.5M)
($35.1M)
($35.3M)
($35.1M)
Repurchase and cancellation of common shares (Note 19)
-38.8M
—
—
—
Credit facility transaction, standby fees and interest (Note 15)
($2.6M)
($2.7M)
$0
($800.0K)
Lease payments (Note 16)
($16.5M)
($10.6M)
—
—
Proceeds from issuance of flow-through shares
0
10.5M
0
10.4M
Proceeds from the exercise of options and warrants
$4.1M
$6.8M
$9.3M
$5.3M
Cash flows from (used in) financing activities
($143.3M)
($89.4M)
($26.0M)
($28.4M)
Effect of exchange rates on cash and cash equivalents