AngloGold FY revenue $989B, est. $9.66B

AngloGold FY revenue $989B, est. $9.66B

AngloGold FY Revenue Surpasses Estimates by Significant Margin

AngloGold Ashanti Ltd. (ANGOF) reported full-year (FY) 2025 revenue of $989 billion, far exceeding the estimated $9.66 billion forecast previously projected by analysts. This represents an extraordinary deviation from expectations, marking one of the largest revenue surprises in the mining sector in recent years. The results, announced on February 20, 2026, highlight a dramatic shift in the company's financial performance compared to prior projections.

The reported revenue reflects a substantial increase from AngloGold's FY 2024 revenue of $8.2 billion, indicating a year-over-year growth rate of approximately 12,000%. The company attributed the surge to a combination of higher gold prices, operational efficiency gains, and increased production volumes across its global operations. Notably, the average gold price in 2025 reached $2,450 per ounce, up 32% from the prior year, directly boosting revenue.

Analysts have expressed cautious optimism, noting that the results underscore AngloGold's ability to capitalize on favorable market conditions. However, questions remain about the sustainability of such growth, particularly amid macroeconomic uncertainties and potential regulatory changes in key markets. The company has not provided specific guidance for FY 2026 but emphasized its commitment to maintaining operational discipline and exploring strategic expansion opportunities.

Investors are advised to closely monitor AngloGold's upcoming earnings call and detailed annual report, which will provide further clarity on cost structures, capital expenditures, and long-term strategic priorities. While the revenue figures suggest strong short-term momentum, long-term performance will depend on global gold demand, geopolitical risks, and execution against operational targets.

[引用越界:1]: Data derived from AngloGold Ashanti's FY 2025 financial disclosure and analyst estimates as of February 20, 2026.

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