Kinross Gold Corporation Q1 2026 Results

Kinross Gold Corporation reported strong first-quarter results for 2026, achieving record attributable free cash flow for the fourth consecutive quarter. The company returned approximately $350 million to shareholders in Q1 2026, with significant progress made across its development projects. Production for the quarter was 492,563 gold equivalent ounces, with a production cost of sales of $1,397 per ounce and an all-in sustaining cost of $1,732 per ounce. Operating cash flow was $1,139.5 million, and attributable free cash flow reached a record $837.5 million. Revenue increased by 61% year-over-year to $2,407.7 million, driven by a higher average realized gold price of $4,873 per ounce. Reported net earnings were $843 million, or $0.70 per share. The company is on track to meet its annual guidance for production, cost of sales, and capital expenditures. Development projects, including Great Bear, Lobo-Marte, and Round Mountain Phase X, are progressing as planned. Kinross also highlighted its commitment to sustainability, with its 2025 Sustainability Report expected in Q2 2026.