OceanaGold reported a solid third quarter with strong financial performance, including record cash flow and revenue, a healthy balance sheet, and increased shareholder returns. However, some operational challenges and high sustaining costs were noted, but the company remains optimistic about meeting full-year guidance and achieving strong fourth-quarter performance.

Company Guidance

During the OceanaGold Corporation Q3 2025 Earnings Call, the company provided optimistic guidance for the remainder of the year and into 2026. OceanaGold anticipates a strong fourth quarter, with expectations to meet their full-year production guidance and generate significant free cash flow, driven by high-grade ore access at key sites like Haile and Macraes. The company reported a $94 million free cash flow in Q3, resulting in a $335 million cash balance, an increase of 12% from the previous quarter. The balance sheet remains robust with zero debt, allowing flexibility for further investments and an increased share buyback program, now totaling $175 million for 2025. OceanaGold's rolling 12-month return on capital employed stands at 17%, with a free cash flow yield of approximately 15%. The company is preparing for a New York Stock Exchange listing in April 2026 and remains focused on maximizing shareholder returns through disciplined capital allocation, including dividends and buybacks.

Record Free Cash Flow

The company delivered a strong quarter of free cash flow generation amounting to $94 million.

Strong Balance Sheet

OceanaGold reported a superb balance sheet with 0 debt and cash reserves reaching $335 million, up 12% from the previous quarter.

Increased Shareholder Returns

The company returned $46 million to shareholders through dividends and buybacks, and completed $100 million of share repurchases in 2025. The buyback program was increased by 75% to $175 million.

Record Quarterly Revenue

OceanaGold achieved a record quarterly revenue of $449 million, supported by a record average realized gold price of just under $3,500 per ounce.

High Returns on Capital

The rolling 12-month return on capital employed is 17%, and the company delivered $422 million of free cash flow over the same period, indicating a strong return on investments.

Project Developments on Track

Progress on early works construction activities at the Waihi North project is on track for fast-track permit approval by year-end.

OceanaGold (TSE:OGC) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:OGC Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 19, 2026	2025 (Q4)	1.21 / -	0.631	―	―	―
Nov 05, 2025	2025 (Q3)	0.56 / 0.56	0.379	48.15% (+0.18)
Aug 06, 2025	2025 (Q2)	0.72 / 0.72	0.168	325.00% (+0.55)
May 07, 2025	2025 (Q1)	0.37 / 0.59	0.042	1300.00% (+0.55)
Feb 19, 2025	2024 (Q4)	0.58 / 0.63	0.042	1400.00% (+0.59)
Nov 06, 2024	2024 (Q3)	0.37 / 0.38	-0.015	2554.55% (+0.39)
Jul 30, 2024	2024 (Q2)	0.18 / 0.17	0.379	-55.56% (-0.21)
Apr 30, 2024	2024 (Q1)	0.07 / 0.04	0.21	-80.00% (-0.17)
Feb 22, 2024	2023 (Q4)	0.09 / 0.04	0.168	-75.00% (-0.13)
Oct 25, 2023	2023 (Q3)	0.14 / -0.02	0.042	-136.67% (-0.06)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

TSE:OGC Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	C$30.96	C$31.73	+2.49%
Aug 06, 2025	C$19.76	C$21.80	+10.30%
May 07, 2025	C$15.21	C$17.12	+12.57%
Feb 19, 2025	C$13.06	C$12.32	-5.70%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does OceanaGold (TSE:OGC) report earnings?

OceanaGold (TSE:OGC) is schdueled to report earning on Feb 19, 2026, Before Open (Confirmed).

What is OceanaGold (TSE:OGC) earnings time?

OceanaGold (TSE:OGC) earnings time is at Feb 19, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is TSE:OGC EPS forecast?

TSE:OGC EPS forecast for the fiscal quarter 2025 (Q4) is 1.21.

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