Filing Flows › Barrick Mining (B) › How it makes money
How Barrick Mining (B) makes money
Barrick Mining (B) made $3.7B of revenue in the second quarter 2025 (Q2 2025). Carlin 2 brought in $898M (24%); Other Mines 2 brought in $610M (17%); Cortez 2 brought in $579M (16%). Of every dollar of revenue, 38¢ was left as operating profit, 22¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q2 2025
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Carlin 2 | $898M | 24.3% | — | — |
| Other Mines 2 | $610M | 16.5% | — | — |
| Cortez 2 | $579M | 15.7% | — | — |
| Pueblo Viejo 2 | $517M | 14.0% | — | — |
| Turquoise Ridge 2 | $410M | 11.1% | — | — |
| Lumwana | $340M | 9.2% | — | — |
| North Mara 2 | $201M | 5.5% | — | — |
| Bulyanhulu 2 | $133M | 3.6% | — | — |
Where each dollar of revenue goes
| Line | Q2 2025 | % of revenue |
|---|---|---|
| Revenue | $3.7B | 100.0% |
| Operating profit | $1.4B | 38.4% |
| Income tax | $102M | 2.8% |
| Net earnings | $811M | 22.0% |
| Operating cash flow | $1.3B | 36.0% |
| Free cash flow | $395M | 10.7% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q2 2025 | $3.7B | +16% |
| Q2 2024 | $3.2B | +12% |
| Q2 2023 | $2.8B | -0.9% |
From Barrick Mining's 6-K filed Aug 11, 2025 (on EDGAR).
Questions
How does Barrick Mining make money?
Barrick Mining (B) made $3.7B of revenue in the second quarter 2025 (Q2 2025). Carlin 2 brought in $898M (24%); Other Mines 2 brought in $610M (17%); Cortez 2 brought in $579M (16%). Of every dollar of revenue, 38¢ was left as operating profit, 22¢ was left as net earnings.
What is Barrick Mining's biggest business?
Carlin 2: $898M in the second quarter 2025, 24% of revenue.
What is Barrick Mining's profit margin?
Net earnings were $811M, 22.0% of revenue, in the second quarter 2025; the operating margin was 38.4%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.