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Barrick Mining vs Iamgold: revenue, profit, margins and growth compared

Barrick Mining brought in $17B of revenue in fiscal 2025, Iamgold $2.9B in fiscal 2025. Revenue changed by +31.2% at Barrick Mining and +74.7% at Iamgold on the year before, so Iamgold grew faster. Barrick Mining kept 29.4% of its revenue as net profit, Iamgold 25.7%. Free cash flow was $3.9B at Barrick Mining and $849.1M at Iamgold.

Side by side, latest fiscal year

BIAG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$17B$2.9B
Revenue growth+31.2%+74.7%
Net income$5B$732.3M
Net margin29.4%25.7%
Free cash flow$3.9B$849.1M
Free cash flow margin22.8%29.8%
Earnings per share (diluted)$2.93$1.14
Cash$6.7B$421.9M
Debtn/an/a
Price to earningsn/an/a
Market value$70.6B$11.2B
Dividend yieldn/an/a
Rank by revenue in sector#5 of 71 · Basic materials#18 of 71 · Basic materials

Over the years

Revenue
B FY2018: $7.2BB FY2019: $9.7BB FY2020: $12.6BB FY2021: $12BB FY2022: $11BB FY2023: $11.4BB FY2024: $12.9BB FY2025: $17BIAG FY2018: $1.1BIAG FY2019: $1.1BIAG FY2020: $1.2BIAG FY2021: $875.5MIAG FY2022: $958.8MIAG FY2023: $987.1MIAG FY2024: $1.6BIAG FY2025: $2.9BFY18FY19FY20FY21FY22FY23FY24FY25
B $17BIAG $2.9B
Net income
B FY2018: -$1.5BB FY2019: $4BB FY2020: $2.3BB FY2021: $2BB FY2022: $432MB FY2023: $1.3BB FY2024: $2.1BB FY2025: $5BIAG FY2018: -$28.2MIAG FY2019: -$412.6MIAG FY2020: $42.6MIAG FY2021: -$254.4MIAG FY2022: -$70.1MIAG FY2023: $94.3MIAG FY2024: $819.6MIAG FY2025: $732.3MFY18FY19FY20FY21FY22FY23FY24FY25
B $5BIAG $732.3M
Net margin
B FY2018: -21.3%B FY2019: 40.8%B FY2020: 18.5%B FY2021: 16.9%B FY2022: 3.9%B FY2023: 11.2%B FY2024: 16.6%B FY2025: 29.4%IAG FY2018: -2.5%IAG FY2019: -38.7%IAG FY2020: 3.4%IAG FY2021: -29.1%IAG FY2022: -7.3%IAG FY2023: 9.6%IAG FY2024: 50.2%IAG FY2025: 25.7%FY18FY19FY20FY21FY22FY23FY24FY25
B 29.4%IAG 25.7%
Revenue growth
B FY2019: +34.2%B FY2020: +29.6%B FY2021: -4.8%B FY2022: -8.1%B FY2023: +3.5%B FY2024: +13.4%B FY2025: +31.2%IAG FY2019: -4.1%IAG FY2020: +16.6%IAG FY2021: -29.5%IAG FY2022: +9.5%IAG FY2023: +3.0%IAG FY2024: +65.4%IAG FY2025: +74.7%FY19FY20FY21FY22FY23FY24FY25
B +31.2%IAG +74.7%
Free cash flow
B FY2018: $365MB FY2019: $1.1BB FY2020: $3.4BB FY2021: $1.9BB FY2022: $432MB FY2023: $646MB FY2024: $1.3BB FY2025: $3.9BIAG FY2018: -$66.1MIAG FY2019: $114.9MIAG FY2020: $55.5MIAG FY2021: -$240.2MIAG FY2022: -$334MIAG FY2023: -$747.9MIAG FY2024: -$72.6MIAG FY2025: $849.1MFY18FY19FY20FY21FY22FY23FY24FY25
B $3.9BIAG $849.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Barrick Mining and Iamgold

Which is bigger by revenue, Barrick Mining or Iamgold?

Barrick Mining is bigger by revenue: $17B in fiscal 2025, against $2.9B for Iamgold in fiscal 2025.

Which keeps more of its revenue as profit, Barrick Mining or Iamgold?

Barrick Mining had a net margin of 29.4% in fiscal 2025; Iamgold had 25.7% in fiscal 2025.

Which grew revenue faster, Barrick Mining or Iamgold?

In their latest fiscal years revenue changed by +31.2% at Barrick Mining and +74.7% at Iamgold.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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