# Alamos Gold Revenue Rises as Quarterly Profit and Production Decline

The miner reported $510.4 million in revenue and $165.6 million in net earnings.

By Will Langan | 24X7 News
Published: 2026-10-29T00:04:29.127Z
Updated: 2026-10-29T00:04:29.127Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/alamos-gold-third-quarter-results-october-28-2026

Alamos Gold reported October 28 that third-quarter revenue increased to $510.4 million from $462.3 million a year earlier, while net earnings fell to $165.6 million from $276.3 million.

Basic earnings were 40 cents a share for the quarter ended September 30. Adjusted earnings, which exclude specified items, rose to $184 million, or 44 cents a share, from $155.5 million, or 37 cents.

The company produced 119,000 ounces of gold, down from 141,700 a year earlier. Its average realized gold price increased to $4,258 an ounce from $3,359, helping distinguish revenue growth from declining production.

Chief Executive John McCluskey said record output at the Island Gold District offset part of a planned decline at Young-Davidson. He expects higher production and lower costs in the fourth quarter and said the company remains on track for its revised annual guidance.

Alamos reported $597.4 million in cash and cash equivalents at September 30. The results and management's forward expectations are separate; the projected improvement is not a completed outcome.

All financial figures are in U.S. dollars.

Sources
Alamos Gold third-quarter results, October 28, 2026.

## Sources
- Alamos Gold Results Release via GlobeNewswire and StreetInsider: https://www.streetinsider.com/Globe%2BNewswire/Alamos%2BGold%2BReports%2BThird%2BQuarter%2B2026%2BResults/27250173.html
- Alamos Gold Results Release via Nasdaq, Same Primary Record: https://www.nasdaq.com/press-release/alamos-gold-reports-third-quarter-2026-results-2026-10-28