McEwen Inc.

MUX ·Basic Materials, Gold
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item Jun 2026 Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024
Revenue $59.2M $74.0M $64.6M $50.5M $46.7M $35.7M $33.5M $52.3M
Cost of Revenue $31.1M $35.6M $40.2M $35.2M $27.7M $19.6M $26.5M $29.7M
Gross Profit $20.1M $31.5M $17.4M $7.8M $12.3M $10.1M $363.0K $13.8M
Gross Margin 33.9% 42.5% 26.9% 15.5% 26.3% 28.2% 1.1% 26.4%
Operating Expenses
Research & Development — — — — — — — —
SG&A Expense $7.9M $9.5M $12.2M $6.1M $5.0M $3.4M $6.5M $2.1M
Operating Income $7.7M $41.2M $22.1M $-8.4M $-3.4M $-7.6M $-14.5M $-97.0K
Operating Margin 13.0% 55.7% 34.2% -16.7% -7.2% -21.4% -43.4% -0.2%
Interest Expense — — — — — — — —
Pretax Income $5.8M $33.2M $14.1M $-1.7M $1.9M $-7.3M $-7.2M $-1.3M
Income Tax Expense $-3.8M $-174.0K $-24.0M $-1.3M $-1.1M $-1.1M $1.1M $814.0K
Net Income $9.6M $33.4M $38.1M $-462.0K $3.0M $-6.3M $-8.2M $-2.1M
Net Margin 16.2% 45.1% 59.0% -0.9% 6.5% -17.6% -24.6% -4.0%
EPS (Basic) $0.16 $0.56 $0.70 $-0.01 $0.06 $-0.12 $-0.16 $-0.04
EPS (Diluted) $0.14 $0.47 $0.57 $-0.01 $0.06 $-0.12 $-0.16 $-0.04
Shares Outstanding (Basic) 60.0M 58.9M 54.8M 54.2M 54.0M 53.3M 52.9M 52.0M
Shares Outstanding (Diluted) 74.6M 72.4M 66.6M 54.2M 54.0M 53.3M 52.9M 52.0M
Dividends Per Share — — — — — — — —
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