Filing Flows › Barrick Mining (B) › Q2 2025
Barrick Mining (B) Q2 2025 earnings results (second quarter 2025)
6-K filed Aug 11, 2025
Barrick Mining (B) reported revenue of $3.7B for the second quarter 2025 (Q2 2025), +16% from a year earlier. Operating margin was 38.5%, net earnings $811M (22.0% of revenue).
Barrick Mining, Q2 2025: revenue $3.7B (+16% year over year), operating margin 38.5%, net earnings $811M, operating cash flow $1.3B. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.7B | — | +16% |
| Operating profit | $1.4B | — | +30% |
| Net earnings | $811M | — | +119% |
| Operating cash flow | $1.3B | — | +15% |
| Free cash flow | $395M | — | +16% |
What changed
Revenue was $3.7B in Q2 2025, up 16% year over year. Carlin 2 was the largest line at 24% of revenue.
Operating profit was $1.4B, a 38.5% margin (up 3.9 points year over year). Of the extra revenue versus Q2 2024, 62% reached operating profit, above the 35% margin then. Total costs grew 9% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+490%). Net earnings were $0.81B, up 119% year over year. The effective tax rate was 7.5%.
Operating cash flow was $1.3B (up 15% year over year), 106% of net income including minority interests. Non-cash charges added back $0.03B of share-based compensation. Capital expenditures of $0.93B left free cash flow of $0.40B.
Questions
What was Barrick Mining's revenue in the second quarter 2025?
Barrick Mining (B) reported revenue of $3.7B for the second quarter 2025 (Q2 2025), +16% from a year earlier.
Was Barrick Mining profitable in the second quarter 2025?
Operating profit was $1.4B (38.5% of revenue) and net earnings $811M.
Source: Barrick Mining 6-K on SEC EDGAR.