The financials
i-80 Gold Corp. by the numbers
i-80 Gold Corp. (IAUX) reported revenue of $52M in Q1 2026 (quarter ended March 31, 2026), up 273% from the same quarter a year earlier. That came with a gross margin of 31% and net loss of $79M. For the full year FY2025, revenue was $95M (+89% year on year) and net income −$199M. Its largest segment in 2026-Q1 was Granite Creek Mining Company at $44M, 84% of the disclosed total, just ahead of Lone Tree Minning Company at 13%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $52M | $14M | +273% |
| Gross profit | $16M | $2.9M | +453% |
| Operating income | −$22M | −$16M | n/a |
| Net income | −$79M | −$41M | n/a |
| Diluted EPS | −$0.09 | −$0.10 | n/a |
| Operating | Revenue | Share |
|---|---|---|
| Granite Creek Mining Company | $44M | 84% |
| Lone Tree Minning Company | $6.9M | 13% |
| Ruby Hill Mining Company LLC | $1.7M | 3.2% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q1 2026Total $52.4M (+64%)
Granite Creek Mining Company grew +404% year on yearRuby Hill Mining Company LLC +20% year on year
Segment Latestquarter on quarteryear on year
- Granite Creek Mining Company$43.8M$43.8MQoQ +76%year on year +404%+76%+404%
- Lone Tree Minning Company$6.9M$6.9MQoQ +48%year on year +74%+48%+74%
- Ruby Hill Mining Company LLC$1.7M$1.7MQoQ -34%year on year +20%-34%+20%
- Aureka Gold Corporation$0.00$0.00QoQ -year on year ---