AGI

MKT CAP:$19B

Alamos Gold Inc.

Market Cap

$19B

Basic Materials·Gold·🇨🇦 Canada·NYSE

Materials·Gold·🇨🇦·NYSE

Stock Price

$48.90+$10.49 (+27.31%)

Apr 20, 2026

Company Details

Alamos gold holding oorperatief u.a. operates as a subsidiary of Alamos Gold Inc.

CEO

John A. McCluskey

IPO Date

May 2, 2003

Website

www.alamosgold.com

Key Metrics TTM

Revenue

$1.8B

+34.6% YoY

Net Income

$889M

EPS (Diluted)

$2.10

Free Cash Flow

$270M

Revenue / Share

$4.29

Gross Margin

54.3%

Operating Margin

44.5%

Net Margin

49.1%

FCF Margin

14.9%

P/S

10.5x

P/E

21.4x

Earnings Reports

Q1 2026

Apr 29, 2026

PENDING

Q4 2025

Feb 18, 2026

$584M+55.4%EPS $1.03

Q3 2025

Oct 30, 2025

$457M+26.7%EPS $0.65

Q2 2025

Aug 6, 2025

$438M+31.7%EPS $0.38

Q1 2025

Apr 28, 2025

$333M+20.0%EPS $0.04

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 22	$185M	$49M	-$6M
Q2 22	$191M	$39M	$26M
Q3 22	$214M	$46M	$30M
Q4 22	$232M	$79M	$62M
Q1 23	$252M	$96M	$75M
Q2 23	$261M	$103M	$89M
Q3 23	$256M	$98M	$83M
Q4 23	$255M	$88M	$72M
Q1 24	$278M	$104M	$76M
Q2 24	$333M	$160M	$139M
Q3 24	$361M	$157M	$183M
Q4 24	$376M	$175M	$158M
Q1 25	$333M	$138M	$26M
Q2 25	$438M	$238M	$216M
Q3 25	$457M	$258M	$232M
Q4 25	$584M	$351M	$333M

Valuation

Quarter	P/S	P/E
Q1 22	24.3x	—
Q2 22	24.5x	361.9x
Q3 22	24.0x	730.7x
Q4 22	23.1x	512.1x
Q1 23	21.4x	202.1x
Q2 23	19.8x	116.8x
Q3 23	19.0x	93.4x
Q4 23	18.6x	90.5x
Q1 24	18.1x	93.3x
Q2 24	16.9x	95.6x
Q3 24	15.5x	77.9x
Q4 24	14.1x	66.8x
Q1 25	13.5x	73.8x
Q2 25	12.6x	54.8x
Q3 25	11.8x	35.5x
Q4 25	10.5x	21.4x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$47M	-$41M
Q2 22	$76M	$7M
Q3 22	$74M	$1M
Q4 22	$102M	$18M
Q1 23	$94M	$11M
Q2 23	$142M	$62M
Q3 23	$113M	$37M
Q4 23	$124M	$14M
Q1 24	$109M	$25M
Q2 24	$195M	$107M
Q3 24	$166M	$59M
Q4 24	$192M	$46M
Q1 25	$80M	-$22M
Q2 25	$200M	$78M
Q3 25	$260M	$126M
Q4 25	$251M	$88M

Capital Expenditures

Quarter	CapEx
Q1 22	$87M
Q2 22	$69M
Q3 22	$73M
Q4 22	$85M
Q1 23	$84M
Q2 23	$80M
Q3 23	$75M
Q4 23	$110M
Q1 24	$85M
Q2 24	$88M
Q3 24	$107M
Q4 24	$146M
Q1 25	$102M
Q2 25	$122M
Q3 25	$134M
Q4 25	$162M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 22	-18.9%	+25.9%
Q2 22	-2.0%	-54.5%
Q3 22	+7.9%	+30.6%
Q4 22	+14.2%	+11.1%
Q1 23	+36.3%	-7.2%
Q2 23	+36.5%	+4.2%
Q3 23	+19.9%	-5.5%
Q4 23	+9.8%	+7.3%
Q1 24	+10.4%	+14.4%
Q2 24	+27.4%	+12.4%
Q3 24	+40.9%	+2.3%
Q4 24	+47.6%	+19.0%
Q1 25	+20.0%	+52.1%
Q2 25	+31.7%	+14.6%
Q3 25	+26.7%	+26.8%
Q4 25	+55.4%	+15.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$6M	3.4%
Q2 22	$400.0K	0.2%
Q3 22	$5M	2.1%
Q4 22	$7M	3.1%
Q1 23	$11M	4.4%
Q2 23	$3M	1.0%
Q3 23	$2M	0.7%
Q4 23	$6M	2.5%
Q1 24	$10M	3.6%
Q2 24	$6M	1.9%
Q3 24	$14M	3.8%
Q4 24	$2M	0.5%
Q1 25	$32M	9.7%
Q2 25	$3M	0.7%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 22	$12M
Q2 22	$7M
Q3 22	$11M
Q4 22	$14M
Q1 23	$18M
Q2 23	$10M
Q3 23	$8M
Q4 23	$14M
Q1 24	$18M
Q2 24	$14M
Q3 24	$22M
Q4 24	$11M
Q1 25	$38M
Q2 25	$13M
Q3 25	$26M
Q4 25	$18M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$124M	$22M	$146M
Q2 22	$122M	$23M	$144M
Q3 22	$117M	$15M	$132M
Q4 22	$130M	$19M	$148M
Q1 23	$134M	$26M	$160M
Q2 23	$189M	$20M	$208M
Q3 23	$216M	$14M	$230M
Q4 23	$225M	$13M	$238M
Q1 24	$240M	$16M	$256M
Q2 24	$314M	$64M	$377M
Q3 24	$292M	$24M	$316M
Q4 24	$327M	$24M	$351M
Q1 25	$290M	$29M	$319M
Q2 25	$345M	$33M	$378M
Q3 25	$463M	$46M	$509M
Q4 25	$622M	$59M	$681M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 22	392M	-1.0%	-1.0%
Q2 22	395M	+0.7%	+0.5%
Q3 22	392M	-0.7%	-1.0%
Q4 22	394M	+0.5%	-0.5%
Q1 23	397M	+0.8%	+1.3%
Q2 23	398M	+0.3%	+0.9%
Q3 23	399M	+0.2%	+1.8%
Q4 23	397M	-0.5%	+0.8%
Q1 24	399M	+0.6%	+0.6%
Q2 24	401M	+0.4%	+0.6%
Q3 24	417M	+4.1%	+4.6%
Q4 24	420M	+0.7%	+5.9%
Q1 25	423M	+0.6%	+5.9%
Q2 25	423M	+0.0%	+5.5%
Q3 25	423M	-0.0%	+1.4%
Q4 25	423M	0.0%	+0.6%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 22	$92M	2
Q2 22	$96M	2
Q3 22	$107M	2
Q4 22	$116M	2
Q1 23	$126M	2
Q2 23	$131M	2
Q3 23	$128M	2
Q4 23	$127M	2
Q1 24	$139M	2
Q2 24	$166M	2
Q3 24	$180M	2
Q4 24	$188M	2
Q1 25	$167M	2
Q2 25	$219M	2
Q3 25	$229M	2
Q4 25	$292M	2

Revenue / Employee