---
title: "Contango swings to Q2 FY26 profit of $4.8 million; operating loss widens to $8.5 million"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295846667.md"
description: "Contango Silver & Gold Inc. reported a GAAP operating loss of $8.5 million and net income of $4.79 million for Q2 FY26, swinging from prior year profits. Results included a $10.31 million gain on hedge derivatives. Non-GAAP adjusted net loss widened to $5.52 million. Unrestricted cash rose to $89 million. The company sold 8,627 gold ounces and reiterated its 2026 production guidance of 40,000-45,000 ounces."
datetime: "2026-08-13T21:01:15.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295846667.md)
  - [en](https://longbridge.com/en/news/295846667.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295846667.md)
generator: "portal-rs"
---

# Contango swings to Q2 FY26 profit of $4.8 million; operating loss widens to $8.5 million

-   Contango posted a GAAP operating loss of USD 8.5 million in Q2 2026, swinging from operating income of USD 23 million. \* GAAP net income turned to USD 4.79 million from USD 15.92 million; results included a USD 10.31 million gain on hedge derivatives. \* Non-GAAP adjusted net loss widened to USD 5.52 million from adjusted net income of USD 28.77 million. \* Unrestricted cash rose to USD 89 million at June 30, 2026, from USD 64.8 million at year-end 2025. \* Manh Choh attributable sales totaled 8,627 gold ounces, supporting a USD 9 million JV distribution; 2026 guidance reiterated at 40,000-45,000 gold ounces. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Contango Silver & Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608131700NEWSFILECNPR\_\_\_\_20260813\_309501\_1) on August 13, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**