Equinox Gold reported preliminary, unaudited Q4 and FY 2025 results, highlighting record quarterly gold production and strong cash generation alongside major portfolio changes. For Q4 2025, Equinox Gold posted revenue of USD 987.8 million, net income of USD 197.5 million (USD 0.25 per basic share) and adjusted EBITDA of USD 579.0 million. The company produced a record 247,024 ounces of gold and sold 242,392 ounces at an average realized gold price of USD 4,060/oz; total cash costs were USD 1,392/oz and AISC was USD 1,907/oz. For FY 2025, Equinox Gold generated revenue of USD 2.71 billion, net income of USD 221.5 million (USD 0.35 per basic share), adjusted net income of USD 420.5 million (USD 0.67 per basic share) and adjusted EBITDA of USD 1.34 billion. The company reported a full-year production record of 922,827 ounces and sold 778,561 ounces at an average realized gold price of USD 3,465/oz; cash flow from operations before working-capital changes was USD 915.1 million. Unrestricted cash and cash equivalents were USD 407.4 million at year-end, while net debt was USD 1.15 billion at December 31, 2025; the company said it had reduced debt by USD 1.1 billion since Q2 2025 and reported net debt of approximately USD 75 million at January 31, 2026. Operationally, Greenstone produced 72,091 ounces in Q4 (223,843 ounces in FY 2025), while Valentine contributed 23,207 ounces in Q4 after reaching commercial production in November and generated Q4 revenue of USD 80.5 million. Equinox Gold also completed the Calibre merger on June 17, 2025, sold the Pan mine and other Nevada assets on October 1, 2025 for total consideration of USD 136.5 million, and closed the sale of its Brazil operations on January 23, 2026 for cash consideration of USD 891.1 million (subject to post-closing adjustments). The company announced an inaugural quarterly cash dividend of USD 0.015 per share payable March 26, 2026 and plans to implement a normal course issuer bid to buy back up to 5% of outstanding shares, subject to TSX approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Equinox Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9657221-en) on February 18, 2026, and is solely responsible for the information contained therein.