SSR Mining (SSRM) financial statements
SSR Mining reported revenue of $1.6B in fiscal 2025, up 14.3% a year over 9 years.
Net income was $396M and the operating margin 28.3%, against 22.9% in 2016.
Free cash flow was $242M.
The diluted share count rose 108% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from SSR Mining's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $491M | $449M | $421M | $607M | $853M | $1.5B | $1.1B | $1.4B | $996M | $1.6B |
| Cost of revenue | $337M | $336M | $344M | $350M | $445M | $671M | $608M | $804M | $514M | $653M |
| Gross profit | $154M | $113M | $77M | $257M | $409M | $803M | $540M | $623M | $482M | $976M |
| Selling, general and admin | $22M | $20M | $33M | $31M | $34M | $57M | $72M | $67M | $63M | $108M |
| Operating income | $113M | $101M | $30M | $118M | $188M | $444M | $190M | -$130M | -$322M | $461M |
| Interest expense | $26M | $35M | $34M | $13M | $14M | $19M | $19M | $17M | $13M | $15M |
| Pre-tax income | $81M | $75M | $8M | $137M | $202M | $415M | $241M | -$202M | -$319M | $443M |
| Income tax | $16M | $3M | $8M | $35M | $43M | -$14M | $30M | -$83M | $33M | $80M |
| Net income | $65M | $69M | $6M | $103M | $152M | $368M | $194M | -$98M | -$261M | $396M |
| EPS (diluted) | $0.62 | $0.57 | $0.05 | $0.78 | $0.96 | $1.63 | $0.89 | -$0.48 | -$1.29 | $1.85 |
| Diluted shares | 105M | 121M | 121M | 135M | 164M | 228M | 222M | 205M | 202M | 217M |
| Gross margin | 31.4% | 25.2% | 18.3% | 42.4% | 47.9% | 54.5% | 47.0% | 43.6% | 48.4% | 59.9% |
| Operating margin | 22.9% | 22.6% | 7.1% | 19.5% | 22.1% | 30.1% | 16.6% | -9.1% | -32.4% | 28.3% |
| Net margin | 13.2% | 15.4% | 1.5% | 16.9% | 17.8% | 25.0% | 16.9% | -6.9% | -26.2% | 24.3% |
Balance sheet
Fiscal years, from SSR Mining's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $327M | $460M | $419M | $504M | $887M | $1.1B | $696M | $513M | $417M | $556M |
| Receivables | $58M | $38M | $43M | $72M | $83M | $121M | $118M | $142M | $124M | $134M |
| Inventory | $155M | $183M | $233M | $238M | $437M | $389M | $502M | $515M | $464M | $489M |
| Total current assets | $704M | $800M | $733M | $900M | $1.4B | $1.6B | $1.4B | $1.2B | $1.0B | $1.3B |
| Property, plant and equipment | $664M | $659M | $701M | $769M | $3.5B | $3.2B | $3.5B | $3.9B | — | — |
| Goodwill | $50M | $50M | $50M | $50M | $50M | $50M | $50M | $0 | — | — |
| Total assets | $1.4B | $1.5B | $1.5B | $1.7B | $5.2B | $5.2B | $5.3B | $5.4B | $5.2B | $6.1B |
| Total current liabilities | $144M | $71M | $83M | $234M | $249M | $284M | $279M | $171M | $219M | $618M |
| Long-term debt | $220M | $233M | $248M | $170M | $367M | $295M | $227M | $228M | — | $51M |
| Total liabilities | $537M | $514M | $515M | $616M | $1.3B | $1.2B | $1.1B | $1.1B | $1.2B | $1.8B |
| Shareholders' equity | $902M | $1.0B | $974M | $1.0B | $3.3B | $3.5B | $3.6B | $3.4B | $3.1B | $3.5B |
| Net debt | -$107M | -$227M | -$172M | -$504M | -$423M | -$651M | -$357M | -$264M | -$377M | -$235M |
Cash flow
Fiscal years, from SSR Mining's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $171M | $145M | $60M | $118M | $307M | $609M | $161M | $422M | $40M | $472M |
| Capital spending | $42M | $29M | $158M | $111M | $139M | $165M | $138M | $223M | $144M | $230M |
| Free cash flow | $128M | $116M | -$98M | $8M | $168M | $444M | $23M | $198M | -$103M | $242M |
| Stock-based compensation | $2M | $2M | $2M | $14M | $16M | $15M | $6M | $5M | $5M | $45M |
| Dividends paid | — | — | — | $0 | $0 | $43M | $59M | $58M | $0 | $0 |
| Share buybacks (net) | — | — | — | $0 | $0 | -$148M | -$100M | -$56M | -$10M | $0 |
| Net borrowing | -$4M | $0 | $0 | $0 | -$32M | -$70M | -$71M | -$71M | -$920,000 | $0 |
| Free cash flow margin | 26.2% | 25.8% | -23.4% | 1.2% | 19.7% | 30.1% | 2.0% | 13.9% | -10.4% | 14.8% |
| Dividends per share | — | — | — | — | — | $0.19 | $0.26 | $0.28 | — | — |
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Open SSRM in InvestinglyQuestions
What was SSR Mining's revenue in 2025?
$1.6B in fiscal 2025, from its 10-K filing.
How much free cash flow does SSR Mining generate?
$242M in fiscal 2025 (operating cash flow minus capital spending).
From SSR Mining's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.