Filing Flows › Coeur Mining (CDE) › Q1 2025
Coeur Mining (CDE) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 7, 2025
Coeur Mining (CDE) reported revenue of $360M for the first quarter 2025 (Q1 2025), +69% from a year earlier and +18% from the quarter before. Operating margin was 17.3%, net earnings $33.4M (9.3% of revenue).
Coeur Mining, Q1 2025: revenue $360M (+69% year over year), operating margin 17.3%, net earnings $33.4M, operating cash flow $67.6M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $360M | +18% | +69% |
| Operating profit | $62.2M | -6% | — |
| Net earnings | $33.4M | -12% | — |
| Operating cash flow | $67.6M | +6% | — |
| Free cash flow | $17.6M | +10% | — |
What changed
Revenue was $360.1M in Q1 2025, up 69% year over year and up 18% from the previous quarter. Gold was the largest line at 65% of revenue. Gold added $83.6M year over year (up 55%), 57% of the total change.
Operating profit was $62.2M, a 17.3% margin (up 18.8 points year over year). Total costs grew 38% against revenue growth of 69%. The fastest-growing cost line was Other operating costs (+41%). Net earnings were $33.4M. The effective tax rate was 35.6%.
Operating cash flow was $67.6M, 203% of net earnings. Non-cash charges added back $43.1M of depreciation and amortization and $3.3M of share-based compensation. Working capital and other items used $12.1M. Capital expenditures of $50.0M left free cash flow of $17.6M.
Questions
What was Coeur Mining's revenue in the first quarter 2025?
Coeur Mining (CDE) reported revenue of $360M for the first quarter 2025 (Q1 2025), +69% from a year earlier and +18% from the quarter before.
Was Coeur Mining profitable in the first quarter 2025?
Operating profit was $62.2M (17.3% of revenue) and net earnings $33.4M.
Source: Coeur Mining 10-Q on SEC EDGAR.