Filing Flows › Financials › SSR Mining (SSRM)
SSR Mining (SSRM) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 3, 2026 · SSR Mining (SSRM) Q3 2026 earnings results →
Q3 2026 Revenue up 16% year over year to $448M · 18¢ of every $1 of revenue kept as net profit · operating margin 27.3%
SSR Mining made $448M in Q3 2026 (+16% Y/Y): Gold $327M, Silver $120M. Operating margin 27.3%, net earnings $79.9M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 3, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $447.7M in Q3 2026, up 16% year over year and up 1% from the previous quarter. Gold was the largest line at 73% of revenue. Gold added $66.5M year over year (up 26%), 108% of the total change.
Operating profit was $122.1M, a 27.3% margin (down 5.1 points year over year). Operating profit fell $2.8M even though revenue rose $61.8M versus Q3 2025, so costs grew faster than sales. Total costs grew 25% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+77%). Net earnings were $79.9M, up 22% year over year. The effective tax rate was 28.7%.
Operating cash flow was $92.1M (up 62% year over year), 115% of net earnings. Non-cash charges added back $33.8M of depreciation and amortization and $23.7M of share-based compensation. Working capital and other items used $45.3M. Capital expenditures of $100.2M exceeded it, leaving free cash flow of −$8.1M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 3, 2026 | $448M | +16% | 27.3% | $79.9M | $92.1M |
| Q2 2026 | 10-Q | Aug 4, 2026 | $444M | +10% | 43.2% | $97.3M | $100M |
| Q1 2026 | 10-Q | May 5, 2026 | $582M | +84% | 51.6% | −$115M | $264M |
| Q4 2025 | 10-K | Feb 17, 2026 | $522M | +61% | 38.8% | $181M | $175M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $386M | +50% | 21.6% | $65.4M | $56.8M |
| Q2 2025 | 10-Q | Aug 5, 2025 | $405M | +119% | 26.9% | $90.1M | $158M |
| Q1 2025 | 10-Q | May 6, 2025 | $317M | +38% | 21.1% | $58.8M | $82.3M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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Customers and suppliers named in filings
Sells to
- CM — 71% of its revenue · Stated in 10-K (sentence) · source
- Trafigura Trading LLC — 11% of its revenue · Stated in 10-K (XBRL) · source
- NBHC · Stated in 10-K (named, share not stated) · source
- RY · Stated in 10-K (named, share not stated) · source
About SSR Mining
SSR Mining Inc. and its subsidiaries (collectively, “SSR Mining,” or “Company”) is a precious metals mining company with assets located in the United States, Türkiye, Canada and Argentina. The Company is primarily engaged in the operation, acquisition, exploration and development of precious metal resource properties located in Türkiye and the Americas. The Company produces gold doré as well as copper, silver, lead and zinc concentrates. The Company's common shares are listed on the Toronto Stock Exchange (“TSX”) in Canada and the Nasdaq Global Select Market (“Nasdaq”) in the U.S. under the symbol “SSRM”. SSR Mining voluntarily delisted from the Australian Securities Exchange (“ASX”) in Australia under the symbol “SSR”, effective April 8, 2025.
In its own words, from its 10-K, filed Feb 17, 2026.
SSR Mining against its Mineral Royalty Traders peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +16% against the peers' median +16%. Operating margin: 27.3% against the peers' median 27.3%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| SSRM SSR Mining | Q3 2026 | $448M | +16% | 27.3% |
| RGLD Royal Gold | Q3 2026 | $465M | +84% | 65.4% |
| MSB Mesabi Trust | Q2 FY27 | $2.5M | -56% | -3.8% |
Source: SSR Mining 10-Q on SEC EDGAR · CIK 921638 · Mineral Royalty Traders
Guidance and outlook
13F: who owns SSRM and who is buying
More on SSRM
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results