AI-extracted from the 10-Q filed 2026-08-04 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Q2 revenue of $443.8M (+9.5% YoY) driven by 28.9% higher gold prices and 110.7% higher silver prices, offset by lower metal volumes; continuing operations net income of $137.0M (+3.8% YoY).
Biggest Revenue Drivers
Gold sales$317.9M+4.9% YoY
Marigold, CC&V, and Seabee combined; higher realized price partially offset by 18.5% fewer ounces sold.
Puna concentrate byproducts; lower volumes and metal prices.
Largest Expense Items
Cost of sales$173.7M+6.6% YoY
Higher surface mining costs at Marigold due to increased parts and labor maintenance; partially offset by lower costs at CC&V.
Depreciation, depletion, and amortization$31.1M+18.5% YoY
Higher depletion at Seabee due to 51.7% increase in gold ounces sold.
General and administrative expense$27.6M+3.8% YoY
Increase of $1.2M in software licensing and related service costs.
Exploration and evaluation$9.0M+47.9% YoY
Increased drilling activities at Melina and Cortaderas at Puna in 2026.
Margins: Operating income from continuing operations increased 14.0% to $191.7M as higher commodity prices offset lower metal volumes and elevated per-unit costs. Cost of sales per gold equivalent ounce increased 27.1% to $1,775/oz due to fewer ounces sold despite higher realized prices.
Watch Items from the Filing
Discontinued operations: $44.6M loss in Q2 2026 vs. $51.6M in Q2 2025; six-month loss of $410.4M includes $337.4M loss on Çöpler divestiture completed June 24, 2026.
Foreign exchange losses of $18.3M in Q2 2026 ($12.6M for six months) driven by ARS weakness; company holds $33.3M in ARS cash.
Production declines: gold output down 16.9% YoY in Q2 (Marigold down 13.5%, CC&V down 37.1%); silver down 41.7% at Puna due to lower mill feed grades.
Pending Carlton Tunnel litigation: CC&V and Newmont challenging Colorado discharge permit; defendants moved to dismiss June 26, 2026; potential material remediation liability adjustment if lost.
Strong liquidity: $1,783.0M cash (up from $515.6M at year-end); $400M undrawn revolving credit facility; debt-free after conversion of $229.8M 2019 Notes to 13.1M shares in Q1 2026.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
About SSR MINING INC. (SSRM): stock profile, AI score and financials
SSR MINING INC. (SSRM) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores SSRM at 63.3/100 on a composite quality score built from its SEC filings, placing it at rank #626 of 2,925 stocks — the top 25% of the AI-ranked universe. SSRM scores in the top quartile across earnings quality (84.5), revenue growth (81.6). Areas of concern include institutional flow (5.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 33.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), SSR MINING INC. reports quarterly revenue of $443.8M, net income of $97.3M, an operating margin of 43.2%. Top institutional holders of SSRM by reported 13-F value include BlackRock, VAN ECK ASSOCIATES, MIRAE ASSET GLOBAL ETFS Ltd., based on the most recent SEC filings. SSRM trades on the Nasdaq exchange and files with the SEC under CIK 921638. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate SSRM 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 SSR MINING INC. directly from SEC EDGAR.