AI-extracted from the 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Coeur reported record Q2 revenue of $1.1B (+126% YoY) and adjusted EBITDA of $478M (+124% YoY), driven by first full quarter contributions from New Afton and Rainy River post-acquisition.
Biggest Revenue Drivers
Gold sales$695.0M+46% QoQ
Record quarterly gold production of 163,490 ounces, up 51% YoY; first full quarter from New Afton and Rainy River.
Silver sales$321.6M-11% QoQ
Silver production of 4.4M ounces flat QoQ; lower grades at Rochester and Palmarejo offset by record crusher performance.
Biggest Revenue Drivers
Total revenue: $1,085.6M+126% YoY
Gold sales$695.0M+46% QoQ
Record quarterly gold production of 163,490 ounces, up 51% YoY; first full quarter from New Afton and Rainy River.
Silver sales$321.6M-11% QoQ
Silver production of 4.4M ounces flat QoQ; lower grades at Rochester and Palmarejo offset by record crusher performance.
Copper sales$69.0M+267% QoQ
Copper production of 11.4M pounds from New Afton and Rainy River operations post-acquisition.
Largest Expense Items
Costs applicable to sales$549.7M+67% QoQ
Full-quarter sales from Rainy River and New Afton plus $140M PPA inventory impact; legacy operations offset by higher volumes.
Amortization$256.0M+156% QoQ
Full-quarter amortization from New Afton and Rainy River; higher ounces sold at Las Chispas and Wharf.
General and administrative$22.7M+5% QoQ
Higher outside service and travel costs partially offset by lower stock-based compensation.
Exploration$34.1M+33% QoQ
Full-quarter exploration at Rainy River and New Afton; increased drilling at Wharf, Kensington, and Rochester.
Margins: Adjusted EBITDA margin of 44% Q2 2026 reflects operational leverage from New Afton and Rainy River offsetting lower realized gold and silver prices (down 6% and 14% QoQ). Strong production ramp and cost control at legacy operations maintained profitability despite 43.3% effective tax rate impacted by foreign exchange headwinds on deferred Mexican taxes.
Watch Items from the Filing
New Gold acquisition integration: $225M PPA inventory charge in six months ended June 30, 2026 ($140M Q2 alone) on costs applicable to sales, distorting near-term unit economics at New Afton and Rainy River; guidance adjusted downward for slower ramp-up.
Deferred tax liability spike to $3.1B (from $323M at year-end 2025) driven by $2.8B New Gold 2032 Senior Notes PPA; foreign exchange on Mexican peso creates 43.3% effective tax rate volatility.
Total debt $705M includes $397M 2032 Senior Notes issued April 2026 and $14M New Gold 2032 Notes still guaranteed by New Gold subsidiary; net cash position (0.2)x LTM adjusted EBITDA achieves long-term 0.0x target.
Mexico VAT receivable: $30.2M principal owed by Mexican government remains unresolved since 2011; Company pursuing USMCA arbitration after failed domestic refund appeals but outcomes unpredictable.
Wharf mine fire recovery: Q2 received $20M insurance proceeds ($10M property damage, $10M business interruption); Q2 crusher upgrades complete, demobilization of contract crushing finished; partial capital cost recovery reflected in capex.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
Schonberner Marilyn JoyDirectorShares withheld for tax or exercise price · Mar 20, 2026
Godin PatrickDirectorGrant or award · Mar 20, 2026
Schouten Emilie C.EVP & Chief HR OfficerShares withheld for tax or exercise price · Feb 27, 2026
Routledge MichaelEVP & Chief Operating OfficerShares withheld for tax or exercise price · Feb 27, 2026
Krebs Mitchell JChairman, President and CEOShares withheld for tax or exercise price · Feb 27, 2026
About Coeur Mining, Inc. (CDE): stock profile, AI score and financials
Coeur Mining, Inc. (CDE) stock profile, AI quality score, and SEC EDGAR financial data, a Materials sector company. 13F Pro's AI-powered ranking engine scores CDE at 81.6/100 on a composite quality score built from its SEC filings, placing it at rank #19 of 2,925 stocks — the top 1% of the AI-ranked universe. CDE scores in the top quartile across revenue growth (96.9), profitability (89.7), free cash flow (89.6). Based on the latest XBRL financial filings (Q2 2026), Coeur Mining, Inc. reports quarterly revenue of $1.1B, net income of $121.9M, an operating margin of 19.9%. Top institutional holders of CDE by reported 13-F value include BlackRock, VAN ECK ASSOCIATES, STATE STREET, based on the most recent SEC filings. CDE trades on the NYSE exchange and files with the SEC under CIK 215466. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CDE daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Coeur Mining, Inc. directly from SEC EDGAR.