B Q4 2025 Earnings Report — Barrick Mining Corporation Revenue & Financial Results | Market Cap Arena

Barrick Mining CorporationB

Q4 2025 Earnings

Reported December 31, 2025

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q4 2025	Q3 2025	Q4 2024	QoQ Change	YoY Change
Revenue	$6.0B	—	$3.6B	—	64.5%
Op. Income	$3.1B	—	$1.3B	—	134.1%
Gross Margin	54.8%	—	45.3%	—	9.5pp
Net Margin	40.1%	—	27.3%	—	12.8pp
EPS (Diluted)	$1.43	—	$0.57	—	150.9%
Free Cash Flow	$1.4B	—	$501M	—	188.2%

Revenue Flow

Item	Amount
REVENUE	$6.0B
Cost of Revenue	$2.7B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$139M
General & Administrative	$64M
SG&A Expenses	$203M
Other Expenses	-$15M
Operating Expenses	$188M
Cost & Expenses	$2.9B
OPERATING INCOME	$3.1B
Interest Income	$133M
Interest Expense	$90M
Other Income/Expenses	$910M
INCOME BEFORE TAX	$4.0B
Income Tax Expense	$794M
Net Income from Continuing Ops	$3.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$532M
EBIT	$3.8B
EBITDA	$4.4B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$6.0B
Cost of Revenue	$2.7B
GROSS PROFIT	$3.3B
R&D Expenses	$0
Selling & Marketing	$139M
General & Administrative	$64M
SG&A Expenses	$203M
Other Expenses	-$15M
Operating Expenses	$188M
Cost & Expenses	$2.9B
OPERATING INCOME	$3.1B
Interest Income	$133M
Interest Expense	$90M
Other Income/Expenses	$910M
INCOME BEFORE TAX	$4.0B
Income Tax Expense	$794M
Net Income from Continuing Ops	$3.2B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.4B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$2.4B
D&A	$532M
EBIT	$3.8B
EBITDA	$4.4B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$2.4B
Depreciation & Amortization	$532M
Stock-Based Compensation	-$167M
Deferred Income Tax	$0
Other Non-Cash Items	-$234M
Change in Working Capital	$14M
OPERATING CASH FLOW	$2.6B
Capital Expenditure	-$1.1B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$1.6B
NET CASH FROM INVESTING	$453M
Net Debt Issuance	-$4M
Common Stock Repurchased	-$500M
Common Dividends Paid	-$294M
Other Financing Activities	-$570M
NET CASH FROM FINANCING	-$1.4B
FREE CASH FLOW	$1.4B
Net Change in Cash	$1.6B

Balance Sheet

Item	Amount
Cash & Equivalents	$6.7B
Short-Term Investments	$0
Net Receivables	$1.1B
Inventory	$2.1B
Other Current Assets	$128M
TOTAL CURRENT ASSETS	$10.2B
PP&E (Net)	$29.4B
Goodwill	$3.0B
Intangible Assets	$148M
Long-Term Investments	$4.2B
Tax Assets	$0
Other Non-Current Assets	$4.6B
TOTAL NON-CURRENT ASSETS	$41.4B
TOTAL ASSETS	$51.6B
Account Payables	$645M
Short-Term Debt	$56M
Deferred Revenue	$0
Other Current Liabilities	$1.4B
TOTAL CURRENT LIABILITIES	$3.5B
Long-Term Debt	$4.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$4.0B
Other Non-Current Liabilities	$3.5B
TOTAL NON-CURRENT LIABILITIES	$12.2B
TOTAL LIABILITIES	$15.7B
Common Stock	$26.8B
Additional Paid-In Capital	$1.1B
Retained Earnings	-$1.2B
Treasury Stock	$0
Accum. Other Comp. Income	-$235M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$26.6B
Minority Interest	$9.4B
TOTAL EQUITY	$35.9B
TOTAL LIABILITIES & EQUITY	$51.6B
Total Debt	$4.7B
Net Debt	-$2.0B