Filing Flows › i-80 Gold (IAUX) › Q2 2025
i-80 Gold (IAUX) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 13, 2025
i-80 Gold (IAUX) reported revenue of $27.8M for the second quarter 2025 (Q2 2025), +287% from a year earlier and +98% from the quarter before. Operating margin was -67.4%, net loss $30.2M (108.5% of revenue).
i-80 Gold, Q2 2025: revenue $27.8M (+288% year over year), operating margin -67.4%, net loss $30.2M, operating cash flow −$11.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $27.8M | +98% | +287% |
| Operating profit | −$18.8M | — | — |
| Net earnings | −$30.2M | — | — |
| Operating cash flow | −$11.3M | — | — |
What changed
Revenue was $27.8M in Q2 2025, up 287% year over year and up 98% from the previous quarter. Gold and silver was the largest line at 65% of revenue. Gold and silver added $14.2M year over year (up 364%), 69% of the total change.
Gross margin was 2.9%. Operating costs exceeded revenue by $18.8M, an operating margin of -67.4%. The fastest-growing cost line was General & admin (+28%). The quarter ended with a net loss of $30.2M, narrower than the previous quarter's $41.2M loss.
Operating cash flow was −$11.3M. Non-cash charges added back $1.8M of share-based compensation. Working capital and other items added $17.1M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$12.4M.
Questions
What was i-80 Gold's revenue in the second quarter 2025?
i-80 Gold (IAUX) reported revenue of $27.8M for the second quarter 2025 (Q2 2025), +287% from a year earlier and +98% from the quarter before.
Was i-80 Gold profitable in the second quarter 2025?
Operating loss was $18.8M (-67.4% of revenue) and net loss $30.2M.
Source: i-80 Gold 10-Q on SEC EDGAR.