Coeur Mining | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 856.19 M

Revenue: As of FY2026 Q1, the actual value is USD 856.19 M, beating the estimate of USD 783.89 M.EPS: As of FY2026 Q1, the actual value is USD 0.35.EBIT: As of FY2026 Q1, the actual value is USD 349.39 M.Consolidated Financial Results (Three Months Ended March 31, 2026 vs. December 31, 2025 vs. March 31, 2025)Operational MetricsNet Income: $246,761 thousand (Q1 2026), $214,969 thousand (Q4 2025), $33,353 thousand (Q1 2025).Adjusted Net Income: $253,497 thousand (Q1 2026), $227,296 thousand (Q4 2025), $40,486 thousand (Q1 2025).EBITDA: $454,983 thousand (Q1 2026), $407,131 thousand (Q4 2025), $105,309 thousand (Q1 2025).Adjusted EBITDA: $474,883 thousand (Q1 2026), $424,484 thousand (Q4 2025), $121,876 thousand (Q1 2025).Costs Applicable to Sales (CAS): $330,009 thousand (Q1 2026), $216,081 thousand (Q4 2025), $204,266 thousand (Q1 2025).Amortization: $99,825 thousand (Q1 2026), $73,863 thousand (Q4 2025), $43,093 thousand (Q1 2025).General and Administrative: $21,662 thousand (Q1 2026), $15,649 thousand (Q4 2025), $13,912 thousand (Q1 2025).Exploration: $25,699 thousand (Q1 2026), $18,485 thousand (Q4 2025), $19,682 thousand (Q1 2025).Pre-development, reclamation, and other: $29,827 thousand (Q1 2026), $23,831 thousand (Q4 2025), $16,953 thousand (Q1 2025).Income from Operations: $349,170 thousand (Q1 2026), $326,938 thousand (Q4 2025), $62,156 thousand (Q1 2025).Interest Expense, net: - $6,443 thousand (Q1 2026), - $6,458 thousand (Q4 2025), - $10,450 thousand (Q1 2025).Income and Mining Tax Expense: - $101,954 thousand (Q1 2026), - $112,539 thousand (Q4 2025), - $18,413 thousand (Q1 2025).Cash FlowCash Provided by Operating Activities: $340,836 thousand (Q1 2026), $374,587 thousand (Q4 2025), $67,635 thousand (Q1 2025).Free Cash Flow: $266,757 thousand (Q1 2026), $313,268 thousand (Q4 2025), $17,633 thousand (Q1 2025).Cash, cash equivalents and restricted cash at end of period: $846,000 thousand (Q1 2026), $555,705 thousand (Q4 2025), $79,368 thousand (Q1 2025).Unique MetricsGold Ounces Produced: 96,503 oz (Q1 2026), 112,429 oz (Q4 2025), 86,766 oz (Q1 2025).Silver Ounces Produced: 4,388,452 oz (Q1 2026), 4,707,431 oz (Q4 2025), 3,729,218 oz (Q1 2025).Copper Pounds Produced: 1,359,922 lbs (Q1 2026), 0 lbs (Q4 2025), 0 lbs (Q1 2025).Gold Ounces Sold: 108,420 oz (Q1 2026), 111,273 oz (Q4 2025), 89,316 oz (Q1 2025).Silver Ounces Sold: 4,371,556 oz (Q1 2026), 4,604,610 oz (Q4 2025), 3,892,153 oz (Q1 2025).Copper Pounds Sold: 3,385,075 lbs (Q1 2026), 0 lbs (Q4 2025), 0 lbs (Q1 2025).Total Debt: $761,376 thousand (Q1 2026), $340,533 thousand (Q4 2025), $498,269 thousand (Q1 2025).Segmented Financial and Operational Metrics (Three Months Ended March 31, 2026)New Afton, CanadaRevenue: $37,815 thousand (Gold Sales: $18,487 thousand; Silver Sales: $556 thousand; Copper Sales: $18,772 thousand).Costs applicable to sales: $36,239 thousand.Amortization: $14,214 thousand.Exploration: $288 thousand.General and Administrative: - $57 thousand.Pre-development, reclamation, and other: $896 thousand.Income (loss) from operations: - $13,765 thousand.Capital Expenditures: $0 thousand.CAS per gold ounce: $4,488.CAS per copper pound: $5.36.Gold ounces produced: 1,651 oz.Silver ounces produced: 3,780 oz.Copper pounds produced: 1,359,922 lbs.Rainy River, CanadaRevenue: $96,419 thousand (Gold Sales: $94,216 thousand; Silver Sales: $2,203 thousand; Copper Sales: $0 thousand).Costs applicable to sales: $92,444 thousand.Amortization: $16,689 thousand.Exploration: $437 thousand.General and Administrative: $107 thousand.Pre-development, reclamation, and other: $2,085 thousand.Income (loss) from operations: - $15,343 thousand.Capital Expenditures: $6,418 thousand.CAS per gold ounce: $4,215.Gold ounces produced: 12,494 oz.Silver ounces produced: 19,209 oz.Las Chispas, MexicoRevenue: $193,631 thousand (Gold Sales: $72,365 thousand; Silver Sales: $121,266 thousand; Copper Sales: $0 thousand).Costs applicable to sales: $31,458 thousand.Amortization: $35,319 thousand.Exploration: $3,498 thousand.General and Administrative: $415 thousand.Pre-development, reclamation, and other: $213 thousand.Income (loss) from operations: $122,728 thousand.Capital Expenditures: $12,530 thousand.CAS per gold ounce: $781.CAS per silver ounce: $13.57.Gold ounces produced: 15,031 oz.Silver ounces produced: 1,480,666 oz.Palmarejo, MexicoRevenue: $188,260 thousand (Gold Sales: $64,478 thousand; Silver Sales: $123,782 thousand; Copper Sales: $0 thousand).Costs applicable to sales: $51,248 thousand.Amortization: $6,789 thousand.Exploration: $4,609 thousand.General and Administrative: $352 thousand.Pre-development, reclamation, and other: $808 thousand.Income (loss) from operations: $124,454 thousand.Capital Expenditures: $8,508 thousand.CAS per gold ounce: $760.CAS per silver ounce: $23.03.Gold ounces produced: 22,918 oz.Silver ounces produced: 1,475,267 oz.Rochester, United StatesRevenue: $181,404 thousand (Gold Sales: $68,240 thousand; Silver Sales: $113,164 thousand; Copper Sales: $0 thousand).Costs applicable to sales: $53,783 thousand.Amortization: $16,043 thousand.Exploration: $929 thousand.General and Administrative: $387 thousand.Pre-development, reclamation, and other: $2,225 thousand.Income (loss) from operations: $108,037 thousand.Capital Expenditures: $22,832 thousand.CAS per gold ounce: $1,451.CAS per silver ounce: $24.04.Gold ounces produced: 14,112 oz.Silver ounces produced: 1,394,434 oz.Kensington, United StatesRevenue: $108,796 thousand (Gold Sales: $108,819 thousand; Silver Sales: - $23 thousand; Copper Sales: $0 thousand).Costs applicable to sales: $47,813 thousand.Amortization: $8,669 thousand.Exploration: $2,473 thousand.General and Administrative: $351 thousand.Pre-development, reclamation, and other: $107 thousand.Income (loss) from operations: $49,383 thousand.Capital Expenditures: $9,137 thousand.CAS per gold ounce: $2,249.Gold ounces produced: 20,525 oz.Wharf, United StatesRevenue: $49,867 thousand (Gold Sales: $48,617 thousand; Silver Sales: $1,250 thousand; Copper Sales: $0 thousand).Costs applicable to sales: $17,024 thousand.Amortization: $893 thousand.Exploration: $3,160 thousand.General and Administrative: $316 thousand.Pre-development, reclamation, and other: $669 thousand.Income (loss) from operations: $27,805 thousand.Capital Expenditures: $13,075 thousand.CAS per gold ounce: $1,591.Gold ounces produced: 9,772 oz.Silver ounces produced: 15,096 oz.Silvertip, CanadaRevenue: $0 thousand.Costs applicable to sales: $0 thousand.Amortization: $956 thousand.Exploration: $9,235 thousand.General and Administrative: $0 thousand.Pre-development, reclamation, and other: $3,727 thousand.Income (loss) from operations: - $13,918 thousand.Capital Expenditures: $1,579 thousand.OtherRevenue: $0 thousand.Costs applicable to sales: $0 thousand.Amortization: $253 thousand.Exploration: $1,070 thousand.General and Administrative: $19,791 thousand.Pre-development, reclamation, and other: $19,097 thousand.Income (loss) from operations: - $40,211 thousand.Capital Expenditures: $0 thousand.Future Outlook and Strategy (2026 Guidance)Coeur Mining, Inc. reaffirmed its full-year 2026 guidance, projecting gold production between 680,000 and 815,000 ounces, silver production between 18.7 and 21.9 million ounces, and copper production between 50 and 65 million pounds. Total capital expenditures are anticipated to range from $437 million to $526 million, comprising $291 million to $337 million in sustaining capital and $146 million to $189 million in development capital. The cost guidance reflects expected increases due to higher royalty expenses from stronger metal prices, 3% to 5% inflation across the portfolio, and higher planned maintenance costs.