Agnico Eagle Mines earnings date
Agnico Eagle Mines next results are expected on October 28, 2026. Watch Barnat’s restart.
What has Agnico Eagle Mines guided for 2026?
Management expects 2026 production to remain within its stated range, but Barnat has pushed the likely result toward the low end. Guidance is the company’s operating plan for production, costs and investment. Agnico still guides to 3,300–3,500 thousand ounces, while warning that the interruption at Barnat, part of Canadian Malartic in Quebec, will reduce output.
The company has kept its group cost targets, even though Canadian Malartic is expected to have cash costs of about US$1,260 per ounce. Cash cost measures the operating cost of producing an ounce after credits from other metals. All-in sustaining cost, or AISC, adds the capital and corporate spending needed to keep current mines operating, but not the full cost of building future mines.
| Period guided | Low | High | Date given | |
|---|---|---|---|---|
| Gold production (thousands of ounces), 2026 | Year to Dec 2026 | 3,300 | 3,500 | Jul 29, 2026 |
| Total cash costs per ounce (US$/oz), 2026 | Year to Dec 2026 | 1,020 | 1,120 | Jul 29, 2026 |
| AISC per ounce (US$/oz), 2026 | Year to Dec 2026 | 1,400 | 1,550 | Jul 29, 2026 |
| Capital expenditures (excluding capitalized exploration), 2026 | Year to Dec 2026 | 2,605 | 2,825 | Jul 29, 2026 |
| Capitalized exploration, 2026 | Year to Dec 2026 | 290 | 330 | Jul 29, 2026 |
| Capital expenditures (including capitalized exploration), 2026 | Year to Dec 2026 | 2,895 | 3,155 | Jul 29, 2026 |
Has Agnico Eagle Mines kept its past promises?
Promises are best tested against dated forecasts. Agnico’s 2025 production guidance, meaning its current forecast range, was 3.30–3.50 million ounces after an earlier reduction of about 3%. It ultimately produced 3,447,367 ounces. Meeting the revised range is useful evidence, but it does not erase the earlier change. Porter also said Agnico had returned approximately 48% of free cash flow to shareholders through the first half of 2026 against a target of approximately 40%.
What is Agnico Eagle Mines’ revenue and profit trend?
Revenue rose year over year because the realized gold price increased, while gold production declined. Revenue also fell from Q1, so the latest quarter interrupted the recent upward sequence even as it remained much stronger than the comparable quarter.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,802,818 | 4,099,589 | 3,563,973 | 3,059,529 | 2,816,101 | 2,468,248 | 2,223,700 | 2,155,609 |
| Gross margin | 63.8% | 66.4% | 61.7% | 58.5% | 58.6% | 52.0% | 49.0% | 45.5% |
| Net income | 1,600,453 | 1,695,461 | 1,523,061 | 1,054,958 | 1,068,711 | 814,731 | 509,255 | 567,118 |
| EPS, diluted | 3.17 | 3.38 | 3.04 | 2.10 | 2.12 | 1.62 | 1.01 | 1.13 |
What should I watch in Agnico Eagle Mines’ next results?
The next decisive evidence will be Barnat’s restart, Hope Bay’s updated study and Odyssey’s shaft production. Agnico plans to release Q3 results on October 28, 2026, after management expected Barnat remediation in Q3 and a mining restart in Q4.