Regis Resources (RRL) H1 2026 earnings summary

Executive summary

• Achieved record net profit after tax of $323M for H1 FY26, up from $88.4M in the prior year, driven by strong operational performance and favorable gold prices.

• Record cash flow of $413M and cash and bullion balance of $930M as of 31 December 2025, reflecting a 306% increase over six months.

• Gold production reached 186,917 ounces at an all-in sustaining cost of $2,850/oz.

• Interim fully franked dividend of 15 cents per share declared, totaling $114M.

• Safety performance remained strong with a 12-month LTIFR of 0.34, and no reportable environmental incidents occurred.

Financial highlights

• Revenue increased to $1,088M from 182,327 ounces sold at an average price of $5,968/oz.

• EBITDA rose 73% year-over-year to $621M, with an EBITDA margin of 57%.

• Operating cash flow increased 84% to $639M.

• Earnings per share grew 264% to 42.6 cents.

• Net cash and bullion increased 306% to $930M.

Outlook and guidance

• FY26 production guidance of 350–380 koz and AISC of $2,610–2,990/oz remain unchanged.

• Commercial production at Garden Well Main and Rosemont Stage 3 underground mines is planned for H2 FY26, with steady-state annualized gold production targets of 60–70koz and 40–50koz respectively from FY27.

• Buckingham-Wellington open pit mine life extended, with first ore scheduled for Q4 FY26.

• Tropicana Havana underground project on track for commercial production in early 2027.

• Growth capital for FY26 projected at $220–235M, with $70–80M for exploration.