Harmony Gold Mining Company Limited (HMY) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q4'25 | Q2'25 | Q4'24 | Q2'24 | Q2'23 | Q2'22 | Q4'21 | Q2'21 | Q4'20 | Q2'20 | Q4'19 | Q4'18 | Q2'18 | Q4'17 | Q2'17 | Q2'16 | Q4'15 | Q2'15 | Q4'14 |
|---|
| Sales/Revenue | 46.57B | 36.76B | 37.14B | 29.82B | 31.56B | 22.95B | 21.85B | 20.14B | 21.54B | 13.51B | 15.63B | 13.21B | 10.6B | 9.88B | 9.82B | 9.86B | 5B | 3.93B | 3.79B | 3.8B |
| Revenue Growth % | 25.38% | 23.28% | 17.67% | - | 37.53% | 5.02% | 1.47% | 49.01% | 37.81% | 2.3% | - | 24.63% | 7.94% | 0.13% | - | 97.31% | 32.01% | 3.32% | -9.74% | 3.73% |
| Cost of Goods Sold | 26.04B | 22.03B | 22.56B | 22.09B | 23.31B | 19.93B | 17.09B | 15.2B | 14.92B | 10.61B | 11.66B | 10.1B | 8.12B | 7.38B | 8.03B | 7.73B | 4.28B | 7.43B | 4.1B | 4.98B |
| COGS % of Revenue | 55.92% | 59.94% | 60.74% | 74.09% | 73.85% | 86.82% | 78.21% | 75.47% | 69.27% | 78.54% | 74.6% | 76.48% | 76.63% | 74.7% | 81.75% | 78.34% | 85.67% | 189.38% | 108.26% | 131.01% |
| Gross Profit | 20.53B | 14.72B | 14.58B | 7.72B | 8.52B | 3.02B | 4.76B | 4.94B | 6.62B | 2.9B | 3.97B | 3.11B | 2.48B | 2.5B | 1.79B | 2.14B | 716.29M | -3.51B | -312.64M | -1.18B |
| Gross Margin % | 44.08% | 40.06% | 39.26% | 25.91% | 26.99% | 13.18% | 21.79% | 24.53% | 30.73% | 21.46% | 25.4% | 23.52% | 23.37% | 25.3% | 18.25% | 21.66% | 14.33% | -89.38% | -8.26% | -31.01% |
| Gross Profit Growth % | 40.78% | 90.59% | 71.17% | - | 181.68% | -36.49% | -28.04% | 70.38% | 66.71% | -6.66% | - | 25.4% | 38.21% | 16.96% | - | 198.18% | 329.11% | -197.83% | -219.84% | 58.21% |
| Operating Expenses | 1.16B | 4.37B | 4.58B | 977M | 996M | 537M | 3.32B | 3.77B | 1.09B | 5.13B | 2.27B | 6.09B | 8.68B | 1.31B | 4.16B | 135.93M | 591.72M | 171.76M | 254.75M | 297.18M |
| OpEx % of Revenue | 2.5% | 11.89% | 12.32% | 3.28% | 3.16% | 2.34% | 15.17% | 18.73% | 5.04% | 37.99% | 14.51% | 46.09% | 81.91% | 13.28% | 42.32% | 1.38% | 11.84% | 4.38% | 6.73% | 7.82% |
| Selling, General & Admin | 1.03B | 1.17B | 1.4B | 597M | 697M | 579M | 628.18M | 633.7M | 609.51M | 358.23M | 470.52M | 412.69M | 520.06M | 384.01M | 402.5M | 369.8M | 109M | 98.15M | 92.64M | 116.75M |
| SG&A % of Revenue | 2.21% | 3.17% | 3.76% | 2% | 2.21% | 2.52% | 2.87% | 3.15% | 2.83% | 2.65% | 3.01% | 3.12% | 4.91% | 3.89% | 4.1% | 3.75% | 2.18% | 2.5% | 2.45% | 3.07% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.91M | 0 | 7.05M | 8.02M | 0 | 11.96M | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | 0.04% | - | 0.05% | 0.08% | - | 0.12% | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 19.36B | 10.35B | 10B | 6.75B | 4.93B | 2.49B | 2.05B | 2.38B | 4.84B | -1.14B | 1.64B | -2.96B | 5.05B | 1.23B | -1.76B | 1.23B | 124.57M | -3.74B | 87M | -1.44B |
| Operating Margin % | 41.58% | 28.17% | 26.93% | 22.63% | 15.61% | 10.84% | 9.4% | 11.82% | 22.49% | -8.43% | 10.49% | -22.39% | 47.69% | 12.45% | -17.96% | 12.43% | 2.49% | -95.31% | 2.3% | -37.99% |
| Operating Income Growth % | 93.56% | 53.44% | 102.98% | - | 98.15% | 21.04% | -57.57% | 308.86% | 195.36% | 61.47% | - | -158.51% | 386.62% | 0.22% | - | 884.43% | 43.19% | -159.23% | 625% | 57.73% |
| EBITDA | 22.52B | 12.77B | 12.43B | 8.96B | 7.36B | 4.31B | 3.86B | 5.38B | 6.65B | 413.19M | 3.58B | 2.9B | 11.3B | 2.48B | 934.51M | 2.5B | 155.71M | -3.71B | -567.39M | -1.59B |
| EBITDA Margin % | 48.37% | 34.74% | 33.47% | 30.05% | 23.32% | 18.77% | 17.65% | 26.7% | 30.9% | 3.06% | 22.94% | 21.92% | 106.64% | 25.13% | 9.52% | 25.34% | 3.12% | -94.38% | -14.98% | -41.9% |
| EBITDA Growth % | 81.19% | 42.52% | 68.85% | - | 70.89% | 11.7% | -42.05% | 1201.2% | 85.66% | -85.73% | - | -74.38% | 1109.42% | -0.7% | - | 1505.26% | 127.44% | -132.73% | -353.11% | 52.55% |
| D&A (Non-Cash Add-back) | 3.16B | 2.41B | 2.43B | 2.21B | 2.43B | 1.82B | 1.8B | 3B | 1.81B | 1.55B | 1.94B | 5.85B | 6.25B | 1.25B | 2.7B | 1.27B | 31.14M | 36.81M | -654.39M | -148.59M |
| EBIT | 19.36B | 11.19B | 10.23B | 4.56B | 7.32B | 91.48M | 140.54M | 166.66M | 330.41M | -66.88M | 115.96M | -208.57M | 367.72M | 99.31M | -135.28M | 89.33M | 218M | -3.72B | -926.36M | -1.46B |
| Net Interest Income | 232.43M | 487M | 319M | 102M | -89M | -106M | 185.17M | 439.79M | 109.73M | 188.44M | 197.9M | 0 | 0 | 0 | 0 | 0 | -77.86M | -61.34M | -69.48M | -106.13M |
| Interest Income | 906.87M | 487M | 319M | 455M | 354M | 307M | 185.17M | 439.79M | 109.73M | 188.44M | 197.9M | 189.23M | 229.47M | 69M | 210.21M | 11.99M | 0 | 0 | 0 | 0 |
| Interest Expense | 674.44M | 0 | 0 | 353M | 443M | 413M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 77.86M | 61.34M | 69.48M | 106.13M |
| Other Income/Expense | -5.86B | 503M | 346M | -2.49B | 2.63B | -2.42B | -424.09M | -226.89M | 158.61M | -90.29M | -136.31M | 164.07M | -105.22M | 27M | -389.54M | 785.57M | 15.57M | -98.15M | -428.44M | -127.36M |
| Pretax Income | 13.5B | 10.86B | 10.35B | 4.25B | 7.56B | 2.34B | 1.63B | 727.66M | 5.64B | -2.05B | 1.5B | -2.79B | -5.98B | 1.26B | -2.15B | 2.01B | 140.14M | -3.78B | -995.83M | -1.57B |
| Pretax Margin % | 28.99% | 29.54% | 27.86% | 14.27% | 23.95% | 10.2% | 7.46% | 3.61% | 26.19% | -15.14% | 9.62% | -21.15% | -56.38% | 12.72% | -21.93% | 20.4% | 2.8% | -96.25% | -26.3% | -41.34% |
| Income Tax | 4.13B | 4.24B | 2.42B | 1.53B | 1.56B | 500M | 232.95M | 203.9M | 1.05B | 96.18M | 158.52M | 188.23M | 594.21M | 359.01M | 980.33M | 473.74M | 62.29M | -576.62M | -81.06M | -339.63M |
| Effective Tax Rate % | 30.61% | 39.03% | 23.38% | 35.87% | 20.58% | 21.36% | 14.29% | 28.02% | 18.64% | -4.7% | 10.54% | -6.74% | -9.94% | 28.58% | -45.53% | 23.55% | 44.44% | 15.26% | 8.14% | 21.62% |
| Net Income | 9.29B | 6.53B | 7.86B | 2.67B | 5.92B | 1.84B | 1.38B | 513.76M | 4.56B | -2.17B | 1.34B | -2.6B | -5.38B | 897.02M | -1.17B | 1.54B | 77.86M | -3.2B | -914.78M | -1.23B |
| Net Margin % | 19.94% | 17.76% | 21.15% | 8.95% | 18.76% | 8.01% | 6.32% | 2.55% | 21.18% | -16.05% | 8.61% | -19.72% | -50.77% | 9.08% | -11.94% | 15.6% | 1.56% | -81.56% | -24.16% | -32.4% |
| Net Income Growth % | 18.2% | 144.73% | 32.72% | - | 221.91% | 33.18% | -69.73% | 123.69% | 239.19% | 16.74% | - | 51.59% | -358.89% | -41.68% | - | 1875.6% | 108.51% | -160.08% | -776.63% | 66.48% |
| Net Income (Continuing) | 9.37B | 6.62B | 7.93B | 2.73B | 6B | 54.76M | 88.01M | 36.68M | 313.06M | -125.7M | 95.11M | -183.72M | -391.49M | 72.49M | -89.96M | 112.05M | 77.86M | -3.2B | -914.78M | -1.23B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 319.69M | 277M | 218M | 175M | 142M | 90M | 64M | 54M | 44M | 4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 14.73 | 10.32 | 12.57 | 4.22 | 9.53 | 2.97 | 2.24 | 0.82 | 7.32 | -4.08 | 2.42 | -4.82 | -11.82 | 1.97 | -2.60 | 3.30 | 0.16 | -7.31 | -2.10 | -2.83 |
| EPS Growth % | 17.18% | 144.55% | 31.9% | - | 220.88% | 32.59% | -69.4% | 120.1% | 202.48% | 15.35% | - | 59.22% | -354.62% | -40.3% | - | 1962.5% | 107.62% | -158.3% | -775% | 66.63% |
| EPS (Basic) | 14.90 | 10.48 | 12.65 | 4.22 | 9.56 | 2.98 | 2.24 | 0.83 | 7.32 | -4.08 | 2.44 | -4.82 | -11.82 | 1.98 | -2.60 | 3.30 | 0.16 | -7.36 | -2.11 | -2.84 |
| Diluted Shares Outstanding | 632M | 633M | 625M | 632.64M | 621M | 620M | 617M | 626.83M | 616M | 535.67M | 555M | 532.62M | 450.79M | 455.33M | 439.89M | 462.16M | 436.9M | 438.2M | 435.2M | 435.2M |
| Basic Shares Outstanding | 624M | 632.2M | 625.06M | 632.64M | 619M | 617M | 616.44M | 616M | 615.48M | 535.67M | 549M | 532.62M | 450.79M | 454M | 439.89M | 462M | 435.3M | 435M | 434.2M | 433.9M |
| Dividend Payout Ratio | 10.55% | 22.37% | 7.6% | 53.88% | 0.21% | 0.22% | 0.75% | 4.61% | - | - | - | - | - | 1.39% | - | 1.03% | - | - | - | - |