i-80 Gold Corp. (IAUX) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 8, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 10, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the IAUX SEC filings page.
i-80 Gold Corp. (IAUX) reported $130.0M in revenue over the twelve months to Jun 30, 2026, up 69.7% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue and gross margin recovered in FY2025, but heavy operating losses and external financing still define how i-80 Gold operates.
Revenue nearly doubled from FY2024 to FY2025 while gross margin swung from-31.2% to12.1% , showing that production economics improved materially. Yet operating margin was still-130.7% , so the improved gross profit has not covered the broader cost structure.
Accounting losses remain matched by cash pressure: FY2025 operating cash flow was
Debt-to-equity fell from 0.5x in FY2023 to 0.3x in FY2025, indicating lower balance-sheet leverage. However, the 0.7x current ratio and liquidity equal to 9.1 months of reported annual operating outflow point to short-term funding tightness rather than self-financing operations.
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of i-80 Gold Corp.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
i-80 Gold Corp. held $63.2M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $83.6M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and i-80 Gold Corp. scores 28/100 among other emerging companies.
i-80 Gold Corp. had 840M shares outstanding at the end of fiscal year 2025. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and i-80 Gold Corp. scores 16/100 among other emerging companies.
Not available for i-80 Gold Corp., and counted as zero in the overall score.
i-80 Gold Corp. reported revenue of $95.2M in fiscal year 2025, against $50.3M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and i-80 Gold Corp. scores 73/100 among other emerging companies.
i-80 Gold Corp.'s operations used $83.6M of cash in fiscal year 2025, against $82.5M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and i-80 Gold Corp. scores 41/100 among other emerging companies.
i-80 Gold Corp.'s cash, cash equivalents and investments came to $63.2M at the end of fiscal year 2025, against $356.6M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and i-80 Gold Corp. scores 25/100 among other emerging companies.
i-80 Gold Corp. scores 0.70, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.3B) relative to total liabilities ($356.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
i-80 Gold Corp. passes 5 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
i-80 Gold Corp. reported a net loss of $198.8M while operations used $83.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
i-80 Gold Corp. reported an operating loss of $124.4M against $29.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
i-80 Gold Corp. generated $24.3M in revenue in Q2 2026. This represents a decrease of 12.5% from the same quarter a year earlier. Against the prior quarter it is down 53.5%.
i-80 Gold Corp. reported -$52.5M in net income in Q2 2026. This represents a decrease of 73.8% from the same quarter a year earlier. Against the prior quarter it is up 33.2%.
i-80 Gold Corp. earned -$0.06 per diluted share (EPS) in Q2 2026. This represents a decrease of 20.0% from the same quarter a year earlier. Against the prior quarter it is up 33.3%.
Not reported for Q2 2026.
Cash & Balance Sheet
i-80 Gold Corp. recorded an outflow of $71.1M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 472.2% from the same quarter a year earlier. Against the prior quarter it is down 24.9%.
i-80 Gold Corp. held $464.6M in cash against $445.0M in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
i-80 Gold Corp.'s gross margin was 35.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 32.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.7 percentage points.
i-80 Gold Corp.'s ROE was -20.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 13.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 5.9 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
i-80 Gold Corp. invested $21.5M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 1868.9% from the same quarter a year earlier. Against the prior quarter it is up 81.7%.
Not reported for Q2 2026.
Not reported for Q2 2026.
IAUX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $24.3M-12.5% | $52.4M+272.9% | $21.3M-8.3% | $32.0M+178.2% | $27.8M+287.5% | $14.0M+67.0% | $23.2M | $11.5M |
| Cost of Revenue | $15.2M-42.8% | $35.8M+232.8% | $16.4M-21.9% | $28.4M+78.6% | $26.5M+36.4% | $10.8M+29.2% | $20.9M | $15.9M |
| Gross Profit | $8.6M+979.9% | $16.1M+453.3% | $4.7M+159.5% | $3.1M+163.4% | $798K+106.5% | $2.9M+3487.7% | $1.8M | -$4.9M |
| SG&A Expenses | $9.1M+23.5% | $7.6M+52.9% | $9.5M+50.0% | $7.5M+68.4% | $7.3M+28.0% | $5.0M+18.1% | $6.3M | $4.5M |
| Operating Income | -$34.1M-82.0% | -$21.8M-38.3% | -$62.1M-254.0% | -$27.8M-14.9% | -$18.8M+40.0% | -$15.8M+2.1% | -$17.5M | -$24.2M |
| EBITDA | N/A | N/A | N/A | N/A | N/A | -$15.0M+2.1% | N/A | N/A |
| Interest Expense | $6.5M-16.6% | $5.9M-27.7% | $6.5M-17.7% | $7.0M-14.6% | $7.8M-5.6% | $8.2M+2.2% | $7.9M | $8.2M |
| Income Tax | $2.5M | $1.2M | -$3.3M-1067.4% | $0-100.0% | $0-100.0% | $0-100.0% | $340K | $386K |
| Net Income | -$52.5M-73.8% | -$78.6M-90.8% | -$85.6M-382.6% | -$41.9M+2.9% | -$30.2M+26.3% | -$41.2M-109.2% | -$17.7M | -$43.1M |
| EPS (Basic) | -$0.06-20.0% | -$0.09+10.0% | -$0.12-200.0% | -$0.05+54.5% | -$0.05+54.5% | -$0.10-66.7% | -$0.04 | -$0.11 |
| EPS (Diluted) | -$0.06-20.0% | -$0.09 | -$0.12 | -$0.05 | -$0.05 | -$0.10-66.7% | -$0.04 | -$0.11 |
| Diluted Shares (Avg) | 861M+41.6% | 837M | N/A | 816M | 608M | 431M+41.3% | N/A | 386M |
Not reported in any period shown, so not listed: R&D Expenses.
IAUX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.2B+49.9% | $1.2B+78.5% | $703.4M+7.3% | $756.2M | $782.9M | $659.0M | $655.6M+0.2% | N/A |
| Current Assets | $513.4M+208.2% | $552.0M+1130.1% | $100.3M+137.2% | $136.4M | $166.6M | $44.9M | $42.3M+6.3% | N/A |
| Cash & Equivalents | $464.6M+247.5% | $513.5M+3710.8% | $63.2M+232.8% | $102.9M+372.4% | $133.7M+179.6% | $13.5M+2.9% | $19.0M+16.7% | $21.8M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $35.0M+60.5% | $25.4M+6.0% | $29.3M+90.8% | $25.2M | $21.8M | $24.0M | $15.3M+34.6% | N/A |
| Accounts Receivable | N/A | N/A | $0 | N/A | N/A | N/A | $0-100.0% | N/A |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $915.8M+186.8% | $877.4M+157.3% | $356.6M+13.2% | $333.2M | $319.3M | $341.0M | $315.0M+1.9% | N/A |
| Current Liabilities | $59.5M-50.7% | $58.4M-31.9% | $138.3M+86.7% | $133.2M | $120.5M | $85.7M | $74.0M+13.6% | N/A |
| Non-Current Liabilities | $856.3M+330.7% | $819.0M+220.7% | $218.4M-9.3% | $200.1M | $198.8M | $255.3M | $240.9M-1.2% | N/A |
| Long-Term Debt | $445.0M+353.1% | $437.5M+179.3% | $97.9M-36.2% | $97.2M | $98.2M | $156.7M | $153.6M-5.8% | N/A |
| Total Equity | $258.0M-44.3% | $298.9M-6.0% | $346.8M+1.8% | $423.0M+21.9% | $463.5M+22.9% | $318.0M-8.4% | $340.7M-1.3% | $346.9M |
| Retained Earnings | -$614.8M-72.6% | -$562.3M-72.5% | -$483.7M-69.8% | -$398.1M | -$356.2M | -$326.0M | -$284.8M-74.4% | N/A |
Not reported in any period shown, so not listed: Goodwill.
IAUX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$49.6M-337.4% | -$45.1M-98.6% | -$34.3M-272.0% | -$15.2M+35.1% | -$11.3M+53.8% | -$22.7M+10.0% | -$9.2M | -$23.5M |
| Depreciation & Amortization | N/A | N/A | N/A | N/A | N/A | $743K-1.8% | N/A | N/A |
| Stock-Based Compensation | $2.5M+40.3% | $2.5M+264.2% | N/A | $2.5M+1345.5% | $1.8M+196.1% | $692K+30.6% | N/A | -$202K |
| Capital Expenditures | $21.5M+1868.9% | $11.9M+3230.3% | $4.9M+874.5% | $3.3M+1021.4% | $1.1M+110.0% | $356K-49.3% | $505K | $290K |
| Free Cash Flow | -$71.1M-472.2% | -$56.9M-146.9% | -$39.2M-303.2% | -$18.5M+22.2% | -$12.4M+50.4% | -$23.1M+11.1% | -$9.7M | -$23.8M |
| Investing Cash Flow | -$21.5M-1868.9% | -$11.9M-3230.3% | -$4.9M-874.5% | -$3.3M-1021.4% | -$1.1M-1039.6% | -$356K+49.3% | -$505K | -$290K |
| Financing Cash Flow | $5.6M-95.8% | $507.5M+2670.9% | -$95K-101.2% | -$11.9M-467.4% | $132.7M+123.5% | $18.3M+5.8% | $8.1M | -$2.1M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
IAUX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.4%+32.5pp | 30.7%+10.0pp | 22.0%+14.2pp | 9.7%+52.5pp | 2.9% | 20.7%+19.7pp | 7.8% | -42.8% |
| Operating Margin | -140.2% | -41.6% | -291.6% | -86.7% | -67.4% | -112.3% | -75.5% | -210.0% |
| Net Margin | -215.7% | -150.0% | -401.9% | -130.8% | -108.5% | -293.3% | -76.3% | -374.5% |
| Return on Equity | -20.4%-13.8pp | -26.3%-13.3pp | -24.7%-19.5pp | -9.9%+2.5pp | -6.5%+4.4pp | -13.0%-7.3pp | -5.2% | -12.4% |
| Return on Assets | -4.5%-0.6pp | -6.7%-0.4pp | -12.2%-9.5pp | -5.5% | -3.9% | -6.3% | -2.7% | N/A |
| Current Ratio | 8.63+7.3x | 9.46+8.9x | 0.73+0.2x | 1.02 | 1.38 | 0.52 | 0.570.0x | N/A |
| Debt-to-Equity | 1.72+1.5x | 1.46+1.0x | 0.28-0.2x | 0.23 | 0.21 | 0.49 | 0.450.0x | N/A |
| Asset Turnover | 0.020.0x | 0.040.0x | 0.030.0x | 0.04 | 0.04 | 0.02 | 0.04 | N/A |
| FCF Margin | -292.1% | -108.7% | -184.3% | -57.8% | -44.6% | -164.1% | -41.9% | -206.7% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: The current ratio is below 1.0 (0.73), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| i-80 Gold Corp. IAUX | FY2025 | $95.2M | -$198.8M | N/A | $1.3B | 31/100 |
| Galiano Gold Inc. GAU | FY2025 | $447.8M | -$30.8M | -6.9% | $538.9M | 39/100 |
| Gold Royalty Corp. GROY | FY2025 | $15.6M | -$4.1M | -26.5% | $688.1M | 36/100 |
| Caledonia Mining Corporation Plc CMCL | FY2025 | $267.7M | $67.5M | 25.2% | $480.3M | 48/100 |
| Dakota Gold Corp. DC | FY2025 | N/A | -$29.5M | N/A | $788.9M | — |
Where i-80 Gold Corp. Ranks
Frequently Asked Questions
What is i-80 Gold Corp.'s annual revenue?
i-80 Gold Corp. (IAUX) reported $95.2M in total revenue for fiscal year 2025. This represents a 89.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is i-80 Gold Corp.'s revenue growing?
i-80 Gold Corp. (IAUX) revenue grew by 89.1% year-over-year, from $50.3M to $95.2M in fiscal year 2025.
Is i-80 Gold Corp. profitable?
No, i-80 Gold Corp. (IAUX) reported a net income of -$198.8M in fiscal year 2025.
How much debt does i-80 Gold Corp. have?
As of fiscal year 2025, i-80 Gold Corp. (IAUX) had $63.2M in cash and equivalents against $97.9M in long-term debt.
What is i-80 Gold Corp.'s gross margin?
i-80 Gold Corp. (IAUX) had a gross margin of 12.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is i-80 Gold Corp.'s return on equity (ROE)?
i-80 Gold Corp. (IAUX) has a return on equity of -57.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is i-80 Gold Corp.'s free cash flow?
i-80 Gold Corp. (IAUX) recorded an outflow of $93.2M in free cash flow during fiscal year 2025. This represents a -10.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is i-80 Gold Corp.'s operating cash flow?
i-80 Gold Corp. (IAUX) recorded an outflow of $83.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are i-80 Gold Corp.'s total assets?
i-80 Gold Corp. (IAUX) had $703.4M in total assets as of fiscal year 2025, including both current and long-term assets.
What are i-80 Gold Corp.'s capital expenditures?
i-80 Gold Corp. (IAUX) invested $9.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is i-80 Gold Corp.'s current ratio?
i-80 Gold Corp. (IAUX) had a current ratio of 0.73 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is i-80 Gold Corp.'s debt-to-equity ratio?
i-80 Gold Corp. (IAUX) had a debt-to-equity ratio of 0.28 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is i-80 Gold Corp.'s return on assets (ROA)?
i-80 Gold Corp. (IAUX) had a return on assets of -28.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is i-80 Gold Corp.'s P/E ratio?
i-80 Gold Corp. (IAUX) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.3B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is i-80 Gold Corp.'s price-to-sales ratio?
i-80 Gold Corp. (IAUX) trades at 9.9x sales, its market capitalization divided by revenue of $130.0M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.3B as of Oct 8, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does i-80 Gold Corp.'s liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, i-80 Gold Corp. (IAUX) held $63.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $83.6M over that year. Dividing the one by the other, the reported balance equals about 9 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is i-80 Gold Corp.'s Altman Z-Score?
i-80 Gold Corp. (IAUX) has an Altman Z-Score of 0.70, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is i-80 Gold Corp.'s Piotroski F-Score?
i-80 Gold Corp. (IAUX) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are i-80 Gold Corp.'s earnings high quality?
i-80 Gold Corp. (IAUX) reported a net loss of $198.8M while operations used $83.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can i-80 Gold Corp. cover its interest payments?
i-80 Gold Corp. (IAUX) reported an operating loss of $124.4M against $29.6M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is i-80 Gold Corp.?
i-80 Gold Corp. (IAUX) scores 31 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.