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Capstone Copper Crushes Q2 Earnings with Record $354 Million Adjusted EBITDA

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Copper
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Capstone Copper reported record adjusted EBITDA of $354 million in Q2 2026, a 64% year-over-year increase from $215.6 million in Q2 2025.

The company's revenue reached $739.7 million, a 36% jump from $543.2 million in the same period last year, driven by higher realized copper prices of $6.22 per pound compared to $4.39 per pound in the prior year period.

Despite a 10% drop in consolidated copper production and a 15% increase in C1 cash costs, net income surged to $74.3 million, enabling significant debt reduction.

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