Lundin Mining revenue and financials

LUN · TSX · CAD

$35.01Change from previous close: +5.17%Absolute change: +$1.72

Close · October 2, 2026

In the fiscal year ended December 2025, Lundin Mining reported revenue of $4.05B (+23.95% year over year). Net income was $1.28B, a net margin of 31.7%.

Annual revenue · 2025: $4.05B
  1. $3.33B2021
  2. $3.04B2022
  3. $2.74B2023
  4. $3.27B2024
  5. $4.05B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+23.95%
2025 vs 2024
Net margin
31.7%
2024: -6.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets10,83410,97810,82110,0319,87111,37910,40711,07810,88010,91210,86110,696
Current assets1,8222,0612,0361,6481,4813,0832,9371,8991,8111,8151,7911,771
Cash and equivalents266565296290279342358296453365269357
Short-term investments——8.1—0.00.050.154.1————
Receivables823813830686579676483853635729815685
Inventory624586588608555575607599593617599619
Net property, plant and equipment7,1427,0257,0097,0267,0477,0086,2097,8487,7647,7457,6797,350
Goodwill134134134134134134134242238239241237
Other intangible assets23.725.427.130.933.033.335.540.441.744.046.520.1
Long-term investments10810842.8——9.8————14.3—
Current liabilities1,1371,1411,2411,0891,0241,6401,7121,3541,2141,1541,2101,311
Accounts payable326367363285310314298331346392394353
Long-term debt—17156.31962211,5631,4121,4821,0721,202996905
Total debt389511450—6552,101——————
Total liabilities2,5542,7532,8753,0042,9864,9644,8914,9254,3924,5174,4434,292
Total equity (incl. minority)8,2818,2247,9467,0276,8856,4155,5166,1526,4886,3956,4186,404
Retained earnings1,6781,5031,270550405204161659661590628641
Minority interest1,2621,3731,3261,1181,1291,1371,0941,1271,5171,5011,4571,480