Barrick Mining Corp (B) financial statements: income statement, balance sheet and cash flow

Barrick Mining Corp'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), Barrick Mining Corp reported revenue of $17.0B (+31.2% year on year) and net income of $7.2B (+131.7% year on year).

Income statement

Barrick Mining Corp income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenue (notes 5 and 6)	$17.0B	$12.9B	$11.4B	$11.0B
Cost of sales (notes 5 and 7)	$8.3B	$8.0B	$7.9B	$7.5B
General and administrative expenses (note 11)	$222.0M	$115.0M	$126.0M	$159.0M
Exploration, evaluation and project expenses (notes 5 and 8)	$367.0M	$392.0M	$361.0M	$350.0M
Impairment charges (reversals) (notes 10 and 21)	$12.0M	($457.0M)	$312.0M	$1.7B
Loss on currency translation	$3.0M	$39.0M	$93.0M	$16.0M
Closed mine rehabilitation (note 27b)	$8.0M	$59.0M	$16.0M	($136.0M)
Income from equity investees (note 16)	($444.0M)	($241.0M)	($232.0M)	($258.0M)
Other (income) expense (note 9)	($509.0M)	$214.0M	($195.0M)	($268.0M)
Income before finance items and income taxes	$9.0B	$4.8B	$3.0B	$2.0B
Finance costs, net (note 14)	($227.0M)	($232.0M)	($170.0M)	($301.0M)
Income before income taxes	$8.8B	$4.6B	$2.8B	$1.7B
Income tax expense (note 12)	($1.7B)	($1.5B)	($861.0M)	($664.0M)
Net income	$7.2B	$3.1B	$2.0B	$1.0B
Equity holders of Barrick Mining Corporation	$5.0B	$2.1B	$1.3B	$432.0M
Profit (loss), attributable to non-controlling interests	$2.2B	$944.0M	$681.0M	$585.0M
Basic	$2.93	$1.22	$0.72	$0.24
Diluted	$2.93	$1.22	$0.72	$0.24

Barrick Mining Corp income statement, quarters

Line item	Jun 30, 2026 · YTD	Jun 30, 2025 · YTD	Jun 30, 2024 · YTD	Jun 30, 2023 · YTD
Revenue (notes 5 and 6)	$10.5B	$6.8B	$5.9B	$5.5B
Cost of sales (notes 5 and 7)	$4.5B	$3.7B	$3.9B	$3.9B
General and administrative expenses	$70.0M	$81.0M	$60.0M	$67.0M
Exploration, evaluation and project expenses	$250.0M	$136.0M	$192.0M	$172.0M
Impairment (reversals) charges	($1.0M)	$4.0M	$18.0M	$23.0M
Loss (gain) on currency translation	$34.0M	$0	$17.0M	$26.0M
Closed mine rehabilitation	$12.0M	$11.0M	($11.0M)	$9.0M
Income from equity investees (note 12)	($471.0M)	($144.0M)	($163.0M)	($111.0M)
Other expense (note 9)	$205.0M	$523.0M	$97.0M	$70.0M
Finance costs, net	($65.0M)	($120.0M)	($82.0M)	($102.0M)
Income before income taxes	$5.9B	$2.4B	$1.7B	$1.2B
Income tax expense (note 10)	($1.5B)	($380.0M)	($581.0M)	($469.0M)
Net income	$4.4B	$2.0B	$1.1B	$771.0M
Equity holders of Barrick Mining Corporation	$2.8B	$1.3B	$665.0M	$425.0M
Non-controlling interests (note 16)	$1.6B	$752.0M	$456.0M	$346.0M
Basic	$1.69	$0.75	$0.38	$0.24
Diluted	$1.69	$0.75	$0.38	$0.24

Balance sheet

Barrick Mining Corp balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and equivalents (note 25a)	$6.7B	$4.1B	$4.1B	$4.4B
Accounts receivable (note 18)	$791.0M	$763.0M	$693.0M	$554.0M
Current inventories	$2.1B	$1.9B	$1.8B	$1.8B
Other current assets (note 18)	$652.0M	$853.0M	$815.0M	$1.7B
Total current assets	$10.2B	$7.6B	$7.4B	$8.5B
Non-current portion of inventory (note 17)	$2.8B	$2.8B	$2.7B	$2.8B
Equity in investees (note 16)	$4.2B	$4.1B	$4.1B	$4.0B
Property, plant and equipment (note 19)	$29.4B	$28.6B	$26.4B	$25.8B
Intangible assets other than goodwill	$148.0M	$148.0M	$149.0M	$149.0M
Goodwill (note 20b)	$3.0B	$3.1B	$3.6B	$3.6B
Deferred income tax assets (note 30)	$43.0M	—	$0	$19.0M
Other non-current assets	$1.8B	$1.3B	$1.4B	$1.1B
Total assets	$51.6B	$47.6B	$45.8B	$46.0B
Accounts payable (note 23)	$1.9B	$1.6B	$1.5B	$1.6B
Debt (note 25b)	$56.0M	$24.0M	$11.0M	$13.0M
Current income tax liabilities	$866.0M	$545.0M	$303.0M	$163.0M
Other current liabilities (note 24)	$716.0M	$460.0M	$539.0M	$1.4B
Total current liabilities	$3.5B	$2.6B	$2.4B	$3.1B
Debt (note 25b)	$4.6B	$4.7B	$4.7B	$4.8B
Provisions (note 27)	$1.8B	$2.0B	$2.1B	$2.2B
Deferred tax liabilities	$4.0B	$3.9B	$3.4B	$3.2B
Other liabilities (note 29)	$1.7B	$1.2B	$1.2B	$1.3B
Total liabilities	$15.7B	$14.4B	$13.8B	$14.7B
Capital stock (note 31)	$26.8B	$27.7B	$28.1B	$28.1B
Deficit	($1.2B)	($5.3B)	($6.7B)	($7.3B)
Accumulated other comprehensive income (loss)	($273.0M)	$33.0M	$24.0M	$26.0M
Other	$1.2B	$1.9B	$1.9B	$1.9B
Total equity attributable to Barrick Mining Corporation shareholders	$26.6B	$24.3B	$23.3B	$22.8B
Non-controlling interests (note 32)	$9.4B	$9.0B	$8.7B	$8.5B
Total equity	$35.9B	$33.3B	$32.0B	$31.3B
Total liabilities and equity	$51.6B	$47.6B	$45.8B	$46.0B

Barrick Mining Corp balance sheet, quarters

Line item	Jun 30, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023
Cash and equivalents	$5.9B	$4.8B	$4.0B	$4.2B
Accounts receivable	$856.0M	$910.0M	$566.0M	$603.0M
Current inventories	$2.1B	$1.7B	$1.7B	$1.9B
Other current assets	$781.0M	$689.0M	$916.0M	$742.0M
Total current assets	$9.7B	$8.1B	$7.2B	$7.4B
Non-current portion of inventory	$2.8B	$2.6B	$2.7B	$2.8B
Equity in investees (note 12)	$4.2B	$4.1B	$4.3B	$4.0B
Property, plant and equipment	$30.5B	$26.0B	$27.0B	$26.3B
Intangible assets	$148.0M	$148.0M	$148.0M	$149.0M
Goodwill	$3.0B	$3.1B	$3.6B	$3.6B
Deferred income tax assets	$32.0M	—	—	$19.0M
Other assets	$1.9B	$3.1B	$1.3B	$1.1B
Total assets	$52.3B	$47.3B	$46.2B	$45.3B
Accounts payable	$2.1B	$1.5B	$1.4B	$1.5B
Debt	$15.0M	$73.0M	$11.0M	$13.0M
Current income tax liabilities	$571.0M	$505.0M	$427.0M	$320.0M
Other current liabilities	$533.0M	$493.0M	$568.0M	$412.0M
Total current liabilities	$3.2B	$2.5B	$2.4B	$2.3B
Debt	$4.7B	$4.7B	$4.7B	$4.8B
Provisions	$1.8B	$1.9B	$1.9B	$2.2B
Deferred income tax liabilities	$4.4B	$3.5B	$3.5B	$3.3B
Other liabilities	$1.4B	$1.2B	$1.2B	$1.3B
Total liabilities	$15.5B	$13.9B	$13.7B	$13.8B
Capital stock (note 15)	$26.4B	$27.3B	$28.1B	$28.1B
Retained earnings (deficit)	$582.0M	($4.3B)	($6.4B)	($7.2B)
Accumulated other comprehensive loss	($52.0M)	$48.0M	$34.0M	$18.0M
Other	$409.0M	$1.8B	$1.9B	$1.9B
Total equity attributable to Barrick Mining Corporation shareholders	$27.3B	$24.8B	$23.6B	$22.8B
Non-controlling interests (note 16)	$9.5B	$8.6B	$8.9B	$8.6B
Total equity	$36.9B	$33.4B	$32.5B	$31.5B
Total liabilities and equity	$52.3B	$47.3B	$46.2B	$45.3B

Cash flow statement

Barrick Mining Corp cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$7.2B	$3.1B	$2.0B	$1.0B
Depreciation	$1.9B	$1.9B	$2.0B	$2.0B
Finance costs (note 14)	$227.0M	$232.0M	$170.0M	$301.0M
Impairment charges (reversals) (notes 10 and 21)	$12.0M	($457.0M)	$312.0M	$1.7B
Income tax expense (note 12)	$1.7B	$1.5B	$861.0M	$664.0M
Income from equity investees (note 16)	($444.0M)	($241.0M)	($232.0M)	($258.0M)
Loss on currency translation	$3.0M	$39.0M	$93.0M	$16.0M
Net expense for business combination	$625.0M	—	—	—
Gain on sale of non-current assets (note 9)	($1.5B)	($24.0M)	($364.0M)	($405.0M)
Change in working capital (note 15)	($23.0M)	($382.0M)	($452.0M)	($322.0M)
Other operating activities (note 15)	($375.0M)	($280.0M)	($65.0M)	($217.0M)
Operating cash flows before interest and income taxes	$9.3B	$5.4B	$4.3B	$4.5B
Interest paid	($291.0M)	($380.0M)	($300.0M)	($305.0M)
Interest received	$189.0M	$237.0M	$237.0M	$89.0M
Income taxes paid	($1.5B)	($776.0M)	($524.0M)	($767.0M)
Net cash provided by operating activities	$7.7B	$4.5B	$3.7B	$3.5B
Capital expenditures (note 5)	($3.8B)	($3.2B)	($3.1B)	($3.0B)
Sales proceeds	$4.0M	$19.0M	$13.0M	$88.0M
Proceeds from divestitures	$2.2B	—	—	$0
Income taxes paid (refund), classified as investing activities	($175.0M)	—	—	—
Proceeds from sales of investments other than investments accounted for using equity method	$43.0M	$97.0M	—	$381.0M
Cash advances and loans made to other parties, classified as investing activities	($1.0M)	($59.0M)	—	—
Dividends received from investments accounted for using equity method, classified as investing activities	$254.0M	$198.0M	$273.0M	$869.0M
Cash receipts from repayment of advances and loans made to other parties	$298.0M	$155.0M	$7.0M	$0
Cash flows from (used in) investing activities	($1.2B)	($2.8B)	($2.8B)	($1.7B)
Lease repayments	($12.0M)	($14.0M)	($13.0M)	($20.0M)
Debt repayments	($14.0M)	$0	($43.0M)	($375.0M)
Dividends (note 31)	($890.0M)	($696.0M)	($700.0M)	($1.1B)
Share buyback program (note 31)	-1.5B	-498.0M	0	-424.0M
Funding from non-controlling interests (note 32)	$362.0M	$146.0M	$40.0M	$0
Disbursements to non-controlling interests (note 32)	($1.8B)	($785.0M)	($554.0M)	($833.0M)
Proceeds from issue of bonds, notes and debentures	($9.0M)	$52.0M	—	—
Cash flows from (used in) financing activities	$3.8B	$1.8B	($1.2B)	($2.6B)
Effect of exchange rate changes on cash and equivalents	$2.0M	($6.0M)	($3.0M)	($6.0M)
Net increase (decrease) in cash and equivalents	$2.6B	($74.0M)	($292.0M)	($840.0M)
Cash and equivalents at beginning of year (note 25a)	$4.1B	$4.1B	$4.4B	$5.3B
Cash and equivalents at end of year	$6.7B	—	—	—

Barrick Mining Corp cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Jun 30, 2025 · YTD	Jun 30, 2024 · YTD	Jun 30, 2023 · YTD
Net income	$4.4B	$2.0B	$1.1B	$771.0M
Depreciation	$1.1B	$847.0M	$954.0M	$975.0M
Finance costs, net	$65.0M	$120.0M	$82.0M	$102.0M
Impairment (reversals) charges	($1.0M)	$4.0M	$18.0M	$23.0M
Income tax expense (note 10)	$1.5B	$380.0M	$581.0M	$469.0M
Income from equity investees (note 12)	($471.0M)	($144.0M)	($163.0M)	($111.0M)
Gain on sale of non-current assets (note 9)	($9.0M)	($745.0M)	($6.0M)	($6.0M)
Loulo-Gounkoto2	$210.0M	—	—	—
Loss (gain) on currency translation	$34.0M	$0	$17.0M	$26.0M
Change in working capital (note 11)	($681.0M)	($234.0M)	($129.0M)	($251.0M)
Other operating activities (note 11)	($370.0M)	($112.0M)	($99.0M)	$1.0M
Operating cash flows before interest and income taxes	$5.7B	$3.2B	$2.4B	$2.0B
Interest paid	($141.0M)	($139.0M)	($158.0M)	($153.0M)
Interest received	$105.0M	$83.0M	$118.0M	$100.0M
Income taxes paid	($1.4B)	($591.0M)	($417.0M)	($338.0M)
Net cash provided by operating activities	$4.3B	$2.5B	$1.9B	$1.6B
Capital expenditures (note 5)	($2.2B)	($1.8B)	($1.5B)	($1.5B)
Sales proceeds	$8.0M	$2.0M	$7.0M	$6.0M
Divestitures2	$37.0M	$999.0M	—	—
Income taxes paid (refund), classified as investing activities	($7.0M)	($87.0M)	—	—
Investment sales	$110.0M	$0	$33.0M	$0
Cash advances and loans made to other parties, classified as investing activities	($2.0M)	—	—	—
Dividends received from equity method investments (note 12)	$277.0M	$91.0M	$89.0M	$85.0M
Cash receipts from repayment of advances and loans made to other parties	$231.0M	—	—	—
Net cash provided by (used in) investing activities	($1.5B)	($653.0M)	($1.4B)	($1.4B)
Lease repayments	$10.0M	$17.0M	($7.0M)	($8.0M)
Repayments of borrowings, classified as financing activities	$47.0M	$2.0M	—	—
Dividends	($985.0M)	($342.0M)	($350.0M)	($349.0M)
Share buyback program	1.2B	411.0M	49.0M	0
Funding from Reko Diq non-controlling interests (note 16)	$193.0M	$127.0M	$52.0M	$10.0M
Disbursements to non-controlling interests (note 16)	$1.5B	$532.0M	$290.0M	—
Pueblo Viejo JV partner shareholder loan	$23.0M	$17.0M	—	$41.0M
Net cash used in financing activities	($3.5B)	($1.2B)	($646.0M)	($530.0M)
Effect of exchange rate changes on cash and equivalents	$0	$0	($2.0M)	$0
Net increase (decrease) in cash and equivalents	($779.0M)	$728.0M	($112.0M)	($283.0M)
Cash and cash equivalents at beginning of period	$6.7B	$4.1B	$4.1B	$4.4B
Cash and equivalents	$5.9B	$4.8B	$4.0B	—

Barrick Mining Corp score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.