Q3 2026
How will production, costs and cash flow shape its full-year outlook?
EPS $0.80 IFRS net earnings per share (basic and diluted); $0.82 adjusted net earnings per share · Revenue $5.07 billion (IFRS)
Barrick reported Q3 2026 revenue of $5.07 billion, up 22%, and net earnings per share of $0.80 versus $0.76; adjusted net earnings per share was $0.82 versus $0.58.
Revenue rose 22% from a year earlier to $5.07 billion, and the realized gold price rose 23% to $4,243 per ounce. Net earnings were $1.32 billion, or $0.80 per share, versus $1.30 billion, or $0.76, a year earlier; adjusted net earnings per share was $0.82 versus $0.58. Gold production was 816 thousand ounces versus 829 thousand, and gold all-in sustaining costs rose to $1,911 per ounce from $1,538. Adjusted net earnings exclude $102 million of acquisition and disposition gains, mainly from the sale of Barrick's share in the Bambadji project, and $104 million of other expense adjustments, mainly Loulo-Gounkoto royalties, penalties and remobilization costs. Barrick reiterated its 2026 guidance of 2.90 to 3.25 million ounces of gold and 190,000 to 220,000 tonnes of copper, with cost guidance unchanged.