Coeur Mining (CDE) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Coeur Mining published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Coeur Mining reports EPS two ways: GAAP, under the accounting rules every US filer follows, and adjusted, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Coeur completed its acquisition of New Gold on March 20, 2026, adding the New Afton and Rainy River mines in Canada, so the year-ago quarter has no Canadian revenue. Mine-level metal sales are rounded in the release and add to $0.1 million more than consolidated revenue.
• Q3 2025 GAAP net income included a $96.9 million income and mining tax benefit; Coeur's adjusted net income reconciliation removes $164.2 million of valuation allowance and tax effects from that quarter.

Source: Coeur Mining Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Coeur Mining splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Coeur Mining's New Afton (Canada) revenue was $111 million in Q3 2026, 11% of total revenue.
• Coeur Mining's Rainy River (Canada) revenue was $243 million in Q3 2026, 25% of total revenue.
• Coeur Mining's Las Chispas (Mexico) revenue was $162 million in Q3 2026, up 28% from $126 million in Q3 2025, 16% of total revenue.
• Coeur Mining's Palmarejo (Mexico) revenue was $133 million in Q3 2026, up 9% from $121 million in Q3 2025, 13% of total revenue.
• Coeur Mining's Rochester (Nevada) revenue was $144 million in Q3 2026, up 28% from $113 million in Q3 2025, 15% of total revenue.
• Coeur Mining's Kensington (Alaska) revenue was $91.4 million in Q3 2026, down 8% from $98.9 million in Q3 2025, 9% of total revenue.
• Coeur Mining's Wharf (South Dakota) revenue was $99.1 million in Q3 2026, up 3% from $95.9 million in Q3 2025, 10% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

In its Q3 2026 release, Coeur Mining said:

“The Company expects full-year 2026 metal production at the low end of the respective guidance ranges for gold, silver and copper.”

“Capital expenditures, amortization, exploration, general and administrative expenses ("G&A"), and cash income and mining taxes are trending toward the low end of guidance ranges.”

“The Company's guidance figures assume estimated prices of $4,000/oz gold, $55.00/oz silver, and $6.25/lb copper, as well as CAD of 1.38 and MXN of 18.00.”

Source: Coeur Mining Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the CDE forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and net income per share, each as first reported in that quarter's release. Coeur's Q4 2025 release printed Q4 2025 net income per share as $0.29; the quarterly tables in its 2026 releases show the same quarter as $0.33, on net income of $215.0 million and 645.9 million weighted average shares.

We do not hold a confirmed date for Coeur Mining's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Coeur Mining's Q3 2026 revenue was $983.6 million, up 77% from $554.6 million. Gold sales were $653.8 million, silver $268.2 million and copper $61.7 million, or 66%, 27% and 6% of revenue. Coeur's U.S., Canadian and Mexican operations accounted for about 34%, 36% and 30% of the quarter's revenue. (Coeur Mining Q3 2026 release, Nov 4, 2026)

Most of Coeur Mining's growth came from the New Gold acquisition, completed on March 20, 2026 for about 392,682,578 Coeur shares, an implied equity value of about $6.9 billion. It added New Afton, a gold-copper mine in British Columbia, and Rainy River, a gold-silver mine in Ontario, which had metal sales of $111.3 million and $243.4 million in the quarter. (Coeur Mining Form 10-Q, Q3 2026, Nov 4, 2026; Coeur Mining Q3 2026 release, Nov 4, 2026)

Coeur Mining's average realized gold price was $3,979 an ounce, against $3,148 a year earlier and $4,140 in the second quarter; silver was $62.22, against $38.93 and $71.18; copper $6.65 a pound. Coeur sold 164,311 ounces of gold, against 114,495, and 4.3 million ounces of silver, against 5.0 million. (Coeur Mining Q3 2026 release, Nov 4, 2026)

Coeur Mining produced 161,400 ounces of gold and 4.2 million ounces of silver; silver output fell 12% from a year earlier, mainly on lower grades at Palmarejo. Coeur cited a conveyor belt failure at New Afton in late August, heavy rainfall at Rainy River's Phase 4 open pit and heavy rain at Palmarejo. Rochester's gold production rose 39% from the second quarter. (Coeur Mining Q3 2026 release, Nov 4, 2026)

Coeur Mining's GAAP diluted EPS was $0.11, against $0.41 a year earlier, and adjusted EPS $0.10, against $0.19. The year-ago GAAP figure was lifted by a $96.9 million income and mining tax benefit, while this quarter carried $64.9 million of tax expense. Coeur's adjusted reconciliation removed $164.2 million of valuation allowance and tax effects from Q3 2025. (Coeur Mining Q3 2026 release, Nov 4, 2026)

Coeur Mining's amortization rose to $261.2 million from $72.9 million with the two Canadian mines. Adjusted EBITDA and net income both absorbed $40 million, or $(0.03) a share, of non-cash expense from purchase price allocation on Rainy River's stockpile inventory. (Coeur Mining Q3 2026 release, Nov 4, 2026)

Coeur Mining's weighted average shares were 1,028.4 million, against 644.9 million, after the shares issued for New Gold. Since its enhanced $750 million buyback began in mid-May, Coeur has repurchased $231 million of stock, or 12.6 million shares, including $111 million in the third quarter, and it declared a $0.02 dividend. (Coeur Mining Q3 2026 release, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Coeur Mining publishes full-year production, cost and capital guidance for each mine in its release. It expects 2026 production at the low end of its ranges, about 630,000 ounces of gold, 18.7 million ounces of silver and 40.0 million pounds of copper, and costs applicable to sales at the upper end. The CEO said Coeur expects record adjusted EBITDA of over $2 billion and free cash flow exceeding $1.3 billion at current prices. (Coeur Mining Q3 2026 release, Nov 4, 2026)

The guidance assumes gold at $4,000 an ounce, silver at $55.00 and copper at $6.25 a pound. It also includes amortization of $1,100 - $1,200 million, cash income and mining taxes of $350 - $450 million and an effective tax rate of 34% - 38%. (Coeur Mining Q3 2026 release, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Coeur Mining, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Coeur Mining's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning CDE is on is CDE a buy or a sell?, what analysts expect next is on the CDE forecast, and what the company does is on the Coeur Mining (CDE) stock page.

Every number on this page can be traced to a document Coeur Mining published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.