Equinox Gold posts record Q3 2026 revenue and adjusted EBITDA after Orla merger
Equinox Gold reported its third‑quarter 2026 results, showing record revenue of about $1.0 billion and adjusted EBITDA of $533.0 million. The company produced 237,019 ounces of gold, benefitting from two months of output from the newly acquired Musselwhite and Camino Rojo assets. Cash costs fell 9% to $1,654 per ounce and all‑in sustaining costs dropped 4% to $2,091 per ounce. The firm returned $35.3 million to shareholders and announced a leadership transition to CEO Jason Simpson.
Why it matters
The strong cash flow and lower unit costs improve the balance sheet, giving Equinox flexibility to fund its growth plan and continue returning capital. Analysts note that the results demonstrate early benefits of the Orla combination, which could support the company’s aim to double production to 2 million ounces by 2036.
Key facts
- 1Adjusted EBITDA for Q3 2026 was $533.0 million, up 49% QoQ. nugget.ca
- 2Gold production in the quarter was 237,019 ounces. nugget.ca
- 3Cash costs were $1,654 per ounce, a 9% QoQ decline. nugget.ca
- 4All‑in sustaining costs were $2,091 per ounce, a 4% QoQ decline. nugget.ca
- 5The company returned $35.3 million to shareholders via $9.0 million of buybacks and $26.3 million of dividends. nugget.ca
- 6Darren Hall retired as CEO on October 31 2026; Jason Simpson became President and CEO on November 1 2026. nugget.ca
Summary written by AlphAI AI Desk from 6 of 6 sources. Not investment advice. Figures are as stated by the linked sources.