Alamos Gold (AGI) financial statements
Alamos Gold reported revenue of $1.8B in fiscal 2025, up 15.8% a year over 9 years.
Net income was $886M and the operating margin 60.7%, against 4.4% in 2016.
Free cash flow was $288M, and the company returned $40M in dividends.
The diluted share count rose 59% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Alamos Gold's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $482M | $543M | $652M | $683M | $748M | $824M | $821M | $1.0B | $1.3B | $1.8B |
| Cost of revenue | $429M | $457M | $639M | $521M | $482M | $534M | $609M | $638M | $751M | $810M |
| Gross profit | $53M | $86M | $12M | $162M | $266M | $290M | $212M | $386M | $596M | $999M |
| Selling, general and admin | $16M | $16M | $17M | $20M | $21M | $24M | $26M | $28M | $33M | $39M |
| Operating income | $21M | $56M | -$23M | $126M | $228M | $15M | $112M | $318M | $562M | $1.1B |
| Interest expense | $24M | $7M | $3M | $2M | $4M | $4M | $6M | $4M | $4M | $1M |
| Pre-tax income | -$8M | $22M | -$38M | $129M | $218M | $2M | $102M | $294M | $502M | $1.1B |
| Income tax | $10M | -$4M | $34M | $33M | $74M | $69M | $65M | $84M | $218M | $204M |
| Net income | -$18M | $27M | -$73M | $96M | $144M | -$67M | $37M | $210M | $284M | $886M |
| EPS (diluted) | -$0.07 | $0.09 | -$0.19 | $0.24 | $0.37 | -$0.17 | $0.09 | $0.53 | $0.69 | $2.10 |
| Diluted shares | 265M | 309M | 390M | 393M | 395M | 393M | 395M | 398M | 411M | 423M |
| Gross margin | 11.0% | 15.8% | 1.9% | 23.7% | 35.6% | 35.2% | 25.9% | 37.7% | 44.2% | 55.2% |
| Operating margin | 4.4% | 10.3% | -3.5% | 18.4% | 30.4% | 1.8% | 13.6% | 31.1% | 41.7% | 60.7% |
| Net margin | -3.7% | 4.9% | -11.1% | 14.1% | 19.3% | -8.1% | 4.5% | 20.5% | 21.1% | 49.0% |
Balance sheet
Fiscal years, from Alamos Gold's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $252M | $201M | $206M | $183M | $220M | $172M | $130M | $225M | $327M | $623M |
| Receivables | $45M | $41M | $40M | $37M | $35M | $31M | $37M | $53M | $47M | $45M |
| Inventory | $132M | $161M | $110M | $127M | $148M | $199M | $234M | $271M | $233M | $225M |
| Total current assets | $454M | $453M | $387M | $394M | $473M | $459M | $441M | $586M | $649M | $1.1B |
| Property, plant and equipment | $1.9B | $2.8B | $2.8B | $2.9B | $3.1B | $3.1B | $3.2B | $3.4B | $4.6B | $5.0B |
| Total assets | $2.5B | $3.3B | $3.3B | $3.4B | $3.6B | $3.6B | $3.7B | $4.0B | $5.3B | $6.4B |
| Total current liabilities | $100M | $113M | $132M | $127M | $147M | $157M | $182M | $248M | $431M | $568M |
| Long-term debt | $301M | $3M | — | — | — | — | — | $0 | $250M | $200M |
| Total liabilities | $733M | $639M | $670M | $701M | $785M | $886M | $953M | $1.1B | $1.8B | $1.9B |
| Shareholders' equity | $1.8B | $2.7B | $2.6B | $2.7B | $2.9B | $2.7B | $2.7B | $2.9B | $3.6B | $4.4B |
| Net debt | $53M | -$193M | -$206M | -$183M | -$220M | -$172M | -$130M | -$225M | -$77M | -$423M |
Cash flow
Fiscal years, from Alamos Gold's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $136M | $164M | $214M | $260M | $368M | $356M | $298M | $473M | $661M | $795M |
| Capital spending | $146M | $162M | $222M | $264M | $246M | $349M | $314M | $349M | $418M | $507M |
| Free cash flow | -$11M | $1M | -$8M | -$3M | $122M | $8M | -$15M | $124M | $244M | $288M |
| Stock-based compensation | $10M | $6M | $7M | $9M | $10M | $11M | $18M | $22M | $32M | $68M |
| Dividends paid | $5M | $6M | $8M | $16M | $24M | $34M | $35M | $35M | $35M | $40M |
| Net borrowing | -$10M | -$4M | -$4M | -$3M | -$500,000 | -$200,000 | $0 | $0 | -$58M | -$50M |
| Free cash flow margin | -2.2% | 0.2% | -1.2% | -0.5% | 16.3% | 1.0% | -1.9% | 12.1% | 18.1% | 15.9% |
| Dividends per share | $0.02 | $0.02 | $0.02 | $0.04 | $0.06 | $0.09 | $0.09 | $0.09 | $0.09 | $0.09 |
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Open AGI in InvestinglyQuestions
What was Alamos Gold's revenue in 2025?
$1.8B in fiscal 2025, from its 10-K filing.
How much free cash flow does Alamos Gold generate?
$288M in fiscal 2025 (operating cash flow minus capital spending).
From Alamos Gold's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.