SSR Mining (SSRM) Q3 2026 earnings summary

Executive summary

• Q3 production was 103,585 gold-equivalent oz; 9M production of 315,459 oz remained aligned with FY26 guidance of 450,000–535,000 oz and expectations for a strong Q4.

• Q3 revenue was $447.655M; adjusted net income was $130.7M, or $0.64 per diluted share.

• Türkiye exit repositioned the portfolio toward the Americas; the proposed Roxmore acquisition would add the adjacent Converse project to the Nevada platform.

Financial highlights

• Q3 continuing-operations revenue rose 16.0% YoY to $447.655M; operating income was $122.144M and net income attributable to shareholders was $94.8M.

• Q3 adjusted net income was $130.7M, or $0.64 diluted EPS; 9M adjusted net income was $518.4M.

• Q3 operating cash flow was $106.0M and free cash flow was $5.8M; before working-capital changes, free cash flow was $110.8M.

• 9M operating cash flow was $526.5M and free cash flow was $304.9M; before working-capital changes, free cash flow was $486.4M.

Outlook and guidance

• FY26 production guidance remains 450,000–535,000 gold-equivalent oz, with 9M output of 315,459 oz and production expected to be weighted toward a strong Q4.

• FY26 AISC is trending ~10% above the upper guidance limit, driven by Puna resequencing, higher royalties, diesel prices, labor and input-cost inflation.

• Marigold production is weighted to Q4, supported by higher-grade ore on cell 23B, pumping upgrades and planned inventory drawdown.

• Converse first production is targeted for 2033; no material development capital is expected until the early 2030s, subject to acquisition closing and project development steps.