Kinross Gold 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), Kinross Gold Corp reported net income of $2.5B (+148.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Metal sales | $7.1B | $5.1B | $4.2B | $3.5B |
| Production cost of sales | $2.3B | $2.2B | $2.1B | $1.8B |
| Depreciation, depletion and amortization | $1.1B | $1.1B | $986.8M | $784.0M |
| Impairment reversal | ($116.1M) | ($74.1M) | — | — |
| Total cost of sales | $3.3B | $3.3B | $3.1B | $2.9B |
| Gross profit | $3.7B | $1.9B | $1.2B | $515.4M |
| Other operating expense | $93.9M | $14.0M | $64.5M | $113.8M |
| Exploration and business development | $204.4M | $197.8M | $185.0M | $154.1M |
| General and administrative | $139.9M | $126.2M | $108.7M | $129.8M |
| Operating earnings | $3.3B | $1.5B | $801.4M | $117.7M |
| Other (expense) income - net | ($24.6M) | $14.3M | ($27.3M) | — |
| Finance income | $73.0M | $18.2M | $40.5M | $18.3M |
| Finance expense | ($131.3M) | ($91.4M) | ($106.0M) | ($93.7M) |
| Earnings before tax | $3.2B | $1.5B | $708.6M | $106.7M |
| Income tax expense - net | ($724.7M) | ($487.4M) | ($293.2M) | ($76.1M) |
| Net earnings | $2.5B | $994.0M | $415.4M | ($605.7M) |
| Non-controlling interests | $79.9M | $45.2M | ($900.0K) | ($1.3M) |
| Common shareholders | $2.4B | $948.8M | $416.3M | $31.9M |
| Basic | $1.96 | $0.77 | $0.34 | $0.02 |
| Diluted | $1.95 | $0.77 | $0.34 | $0.02 |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $1.7B | $611.5M | $352.4M | $418.1M |
| Restricted cash | $13.5M | $10.2M | $9.8M | $10.1M |
| Accounts receivable and prepaid assets | $145.8M | $257.3M | — | — |
| Inventories | $1.4B | $1.2B | $1.2B | $1.1B |
| Other current assets | $16.6M | $3.6M | — | — |
| Current assets | $3.3B | $2.1B | $1.8B | $1.9B |
| Property, plant and equipment | $8.3B | $8.0B | $8.0B | $7.7B |
| Long-term investments | $99.3M | $51.9M | $54.7M | $116.9M |
| Other long-term assets | $708.9M | $713.1M | $710.6M | $680.9M |
| Deferred tax assets | $25.0M | $5.3M | $12.5M | $4.6M |
| Total assets | $12.4B | $10.9B | $10.5B | $10.4B |
| Accounts payable and accrued liabilities | $716.4M | $543.0M | $531.5M | $550.0M |
| Current income tax payable | $595.7M | $236.7M | $92.9M | $89.4M |
| Current portion of provisions | $74.2M | $62.5M | $48.8M | $50.8M |
| Other current liabilities | $13.3M | $18.0M | $12.3M | $25.3M |
| Current liabilities | $1.4B | $1.1B | $685.5M | $751.5M |
| Long-term debt | $738.2M | $1.2B | $2.2B | $2.6B |
| Provisions | $976.6M | $941.5M | $889.9M | $755.9M |
| Other long-term liabilities | $64.8M | $78.9M | $82.4M | $125.3M |
| Deferred tax liabilities | $537.8M | $549.0M | $449.7M | $301.5M |
| Total liabilities | $3.7B | $3.9B | $4.4B | $4.5B |
| Common share capital | 4.4B | 4.5B | 4.5B | 4.4B |
| Contributed surplus | $10.1B | $10.6B | $10.6B | $10.7B |
| Accumulated deficit | ($5.9B) | ($8.2B) | ($9.0B) | ($9.3B) |
| Accumulated other comprehensive loss | ($300.0K) | ($87.4M) | ($61.3M) | ($41.7M) |
| Total common shareholders' equity | $8.6B | $6.9B | $6.1B | $5.8B |
| Non-controlling interests | $118.1M | $139.0M | $102.0M | $58.5M |
| Total equity | $8.7B | $7.0B | $6.2B | $5.9B |
| Total liabilities and equity | $12.4B | $10.9B | $10.5B | $10.4B |
| Common shares issued (shares) | 1.2B | 1.2B | 1.2B | 1.2B |
| Common shares outstanding (shares) | 1.2B | 1.2B | 1.2B | 1.2B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net earnings | $2.5B | $994.0M | — | — |
| Depreciation, depletion and amortization | $1.1B | $1.1B | $986.8M | $784.0M |
| Impairment reversal | ($116.1M) | ($74.1M) | $38.9M | $350.0M |
| Share-based compensation expense | $13.1M | $9.0M | $6.7M | $9.3M |
| Finance expense - net | $90.1M | $91.4M | $106.0M | $93.7M |
| Income tax expense - net | $724.7M | — | — | — |
| Gain on sale of Asante Gold Corporation holdings | ($63.0M) | — | — | — |
| Foreign exchange losses (gains) | $5.7M | ($59.1M) | ($8.6M) | $21.6M |
| Other | $2.0M | — | — | — |
| Reclamation payments, net of reclamation (recovery) expense | ($92.3M) | — | — | — |
| Accounts receivable and other assets | $9.5M | $11.7M | $68.7M | $17.9M |
| Inventories | ($83.9M) | $14.3M | ($91.4M) | ($261.6M) |
| Accounts payable and accrued liabilities | $114.1M | $370.8M | $95.5M | $130.4M |
| Cash flow provided from operating activities | $4.2B | $2.6B | $1.7B | $1.1B |
| Income taxes paid | ($418.4M) | ($178.2M) | ($137.4M) | ($140.7M) |
| Net cash flow provided from operating activities | $3.8B | $2.4B | — | — |
| Additions to property, plant and equipment | ($1.2B) | ($1.1B) | ($1.1B) | ($764.2M) |
| Interest paid capitalized to property, plant and equipment | ($19.8M) | ($92.6M) | ($114.1M) | ($43.7M) |
| Proceeds from long-term investments and other assets | $189.8M | — | — | — |
| Additions to long-term investments and other assets | ($72.1M) | ($38.4M) | $1.7M | ($67.2M) |
| Increase in restricted cash - net | ($3.3M) | ($400.0K) | $25.3M | ($4.2M) |
| Interest received and other - net | $42.8M | $17.0M | $18.2M | $8.8M |
| Net cash flow of continuing operations used in investing activities | ($1.1B) | ($1.2B) | ($1.2B) | ($1.9B) |
| Net cash flow of discontinued operations provided from investing activities | $53.4M | $10.0M | $45.0M | $296.2M |
| Repayment of debt | ($700.0M) | ($800.0M) | ($960.0M) | ($340.0M) |
| Interest paid | ($65.2M) | ($35.6M) | ($53.2M) | ($52.4M) |
| Payment of lease liabilities | ($7.2M) | ($12.1M) | ($30.2M) | ($23.2M) |
| Distributions paid to non-controlling interest | ($102.0M) | ($40.5M) | — | — |
| Dividends paid to common shareholders | ($152.1M) | ($147.5M) | ($147.3M) | ($154.0M) |
| Repurchase and cancellation of shares | -600.3M | — | — | -300.8M |
| Other - net | ($1.2M) | ($1.5M) | $7.4M | $10.3M |
| Net cash flow used in financing activities | ($1.6B) | ($1.0B) | — | — |
| Effect of exchange rate changes on cash and cash equivalents | $1.7M | ($1.5M) | — | — |
| Increase in cash and cash equivalents | $1.1B | $259.1M | ($65.7M) | ($113.4M) |
| Cash and cash equivalents, beginning of period | $611.5M | $352.4M | $418.1M | $531.5M |
| Cash and cash equivalents, end of period | $1.7B | $611.5M | $352.4M | $418.1M |
Kinross Gold Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.