Inferra AI / Company / HBM
Hudbay Minerals Inc.
HBM · Materials
Last earnings Jul 29, 2026
Key results
Revenuequarter
$ 0.1 million
This variable consideration adjustment for the three months ended March 31, 2026 resulted in a decrease in revenue of $ 0.1 million (three months ended March 31, 2025 - increase in revenue of $9.9 million).
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
Adjusted net incomequarter
$159.1 million
revenue of $757.3 million, record quarterly adjusted EBITDA 1 of $421.9 million and record adjusted net earnings attributable to owners 1 of $159.1 million in the first quarter, driven by steady operating performance
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
EPSquarter
$190.4 million
First quarter net earnings attributable to owners and earnings per share attributable to owners were $190.4 million and $0.48, respectively, reflecting the strong gross profit margins as a result of higher metal prices.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
Delivered free cash flowquarter
$102.3 million
Delivered free cash flow 1 generation of $102.3 million during the first quarter of 2026.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
Net incomequarter
$190.4 million
Net earnings attributable to owners was $190.4 million, or $0.48 per share, in the first quarter of 2026 compared to $128.0 million, or $0.32 per share, in the fourth quarter of 2025.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
3 Adjusted net earnings attributable to owners 1 and adjusted net earnings per share attributable to owners 1 in the first quarter of 2026 were $159.1 million and $0.40 per share, respectively, after adjusting for various non-cash items on a pre-tax basis including a $38.7 million mark-to-market revaluation net gain on various instruments such as investments and share-based compensation and a non-cash $10.7 million foreign exchange loss, among other items.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
This compares to adjusted net earnings attributable to owners 1 and net earnings per share attributable to owners 1 of $86.0 million and $0.22 per share, respectively, in the fourth quarter of 2025.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
revenue of $757.3 million, record quarterly adjusted EBITDA i of $421.9 million and record adjusted net earnings attributable to owners of $159.1 million in the first quarter, driven by steady operating performance, expanding margins from strong copper and gold exposure and a focus on cost control across the business.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
AI analysis
Q1 2026 · reported May 1, 2026
Based on: Earnings release (6-K exhibit) + Q1 2026 deck + parent 6-K — transcript not held
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $ 0.1 million | — | — |
| Adjusted net income | $159.1 million | — | — |
| EPS | $190.4 million | — | — |
| Delivered free cash flow | $102.3 million | — | — |
| Net income | $190.4 million | — | — |
Guidance · company-stated
No guidance located in the held release
“The amendments also add guidance for assessing whether a financial asset meets the solely payments of principal and interest (SPPI) criterion, by introducing an additional SPPI test for financial assets with contingent features that are not related directly to a change in basic lending risks or costs.”
Cash flow & capex
Capital allocation
To date, the Company repurchased and retired a total of $127.5 million of the 2026 notes and $57.6 million of the 2029 notes at a discount.
During the year ended December 31, 2025, the Company repurchased and retired a total of $102.5 million of the 2026 notes at a discount.
Event summary
Hudbay Minerals Inc. Q1 2026 — This variable consideration adjustment for the three months ended March 31, 2026 resulted in a decrease in revenue of $ 0.1 million (three months ended March 31, 2025 - increase in revenue of $9.9 mil…
Based on: Earnings release (6-K exhibit) + Q1 2026 deck + parent 6-K — transcript not held
Guidance & outlook
No guidance located in the held release
Capital allocation
To date, the Company repurchased and retired a total of $127.5 million of the 2026 notes and $57.6 million of the 2029 notes at a discount.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
During the year ended December 31, 2025, the Company repurchased and retired a total of $102.5 million of the 2026 notes at a discount.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
Upon the repurchase and retirement of $102.5 million of senior unsecured notes, the unamortized transaction costs related to this principal amount for the year ended December 31, 2025 of $0.1 million were recorded as a finance expense in the consolidated statements of income.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
The newly extended $450.0 million revolving credit facility includes an accordion feature to increase the facility by an additional $150 million at Hudbay's discretion during the four-year tenor.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
As at March 31, 2026, the Peru segment had nil in letters of credit issued under the Peru revolving credit facility to support its reclamation obligations and the Manitoba segment had $24.8 million in letters of credit issued under the Canadian revolving credit facility to support its reclamation and pension obligations.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
Hudbay has a C$130.0 million bilateral letter of credit facility ("LC Facility") with a major Canadian financial institution.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
Strategy & priorities
Hudbay has a development pipeline that includes copper development projects in Arizona and Nevada (United States), and a focused growth strategy on exploration, development, operation, and optimization of properties that Hudbay already controls, as well as other mineral assets that Hudbay may acquire that fit the Company's strategic criteria.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
Sale of non-controlling interest in Copper World On January 9, 2026, Hudbay closed on a strategic investment made by Mitsubishi for a 30% minority interest in Copper World, which owns the fully-permitted Copper World project in Arizona.
SEC original ↗Hudbay Minerals Inc. — Earnings release (6-K exhibit)EX-99May 1, 2026
The Company's growth pipeline includes the Copper World project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
SUMMARY Achieved Record Adjusted EBITDA Driven by Stable Copper and Gold Production and Industry-Leading Margins; 2026 Production and Cost Guidance Reaffirmed Achieved record quarterly revenue of $757.3 million, record quarterly adjusted EBITDA 1 of $421.9 million and record adjusted net earnings attributable to owners 1 of $159.1 million in the first quarter, driven by steady operating performance, expanding margins from strong copper and gold exposure and a focus on cost control across the business.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
Continued Strong Financial Discipline and Prudent Balance Sheet Management Hudbay's unique copper and gold diversification across its operations provides exposure to higher copper and gold prices, which together with a focus on cost control across the business, continues to expand margins and generate attractive free cash flow.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
Risks & headwinds
Hudbay's cost control efforts are focused on navigating emerging external cost pressures, such as higher fuel prices and short-term labour challenges.
SEC original ↗Hudbay Minerals Inc. — Presentation / slide deck (6-K exhibit)EX-99May 1, 2026
Earnings deck slides
0 decks with slide viewHudbay Minerals Inc. — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
36 documents- Q3 2026
- 6-KHBM
Oct 30, 2026
- EX-99HBM
Oct 30, 2026
- 6-KHBM
Oct 23, 2026
- 6-KHBM
Oct 21, 2026
- Q2 2026
- 6-KHBM
Sep 28, 2026
- 6-KHBM
Jul 31, 2026
- 6-KHBM
Jul 29, 2026
- Q1 2026
- 6-KHBM
Jun 30, 2026
- 6-KHBM
Jun 24, 2026
- 6-KHBM
May 28, 2026
- 6-KHBM
May 20, 2026
- 6-KHBM
- 6-KHBM
Apr 14, 2026
- EX-99HBM
Apr 14, 2026
- EX-99HBM
Apr 14, 2026
- EX-99HBM
Apr 14, 2026
- Q4 2025
- 6-KHBM
Mar 27, 2026
- 6-KHBM
- 6-KHBM
- 6-KHBM
- 6-KHBM
Feb 23, 2026
- 6-KHBM
Jan 16, 2026
- Q3 2025
- 6-KHBM
Dec 16, 2025
- 6-KHBM
Nov 13, 2025
- 6-KHBM
- 6-KHBM
- Q2 2025
- 6-KHBM
Sep 24, 2025
- 6-KHBM
Aug 22, 2025
- 6-KHBM
Aug 14, 2025
- 6-KHBM
Aug 13, 2025
- Q1 2025
- 6-KHBM
Jun 27, 2025
- 6-KHBM
May 28, 2025
- 6-KHBM
May 21, 2025
- 6-KHBM
May 13, 2025
- 6-KHBM
Apr 11, 2025
- Q4 2024
- 6-KHBM
Mar 27, 2025
Earnings releases
20 documentsPresentations
1 document- Q1 2026
- HBMDeck
Transcripts
0 documentsNo transcripts for Hudbay Minerals Inc. are held in this edition of the library.
Mentioned by
48 companiesOther tracked companies whose held documents mention Hudbay Minerals Inc. by name or ticker. A mention is counted once per document, from the document text the library holds.
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“g attach programs associated with the TPU… …site Rack to rack XPU to XPU Chiplets and HBM 100s of km ~ 1km meters millimeters Data center interconnect (DCI) modules | Coherent DSPs | Coherent-lite DSPs | TIAs, drivers | Ethernet switches PA”
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“kaging • Shipped several LSA systems for Gate-all-around (GAA) and High-Bandwidth-Memory (HBM) • Several key… …(10.6) 3.0 Non-GAAP operating income $27.4 $24.3 $ millions, except per share amounts Q4 24 Q1 25 GAAP Basic weighted average shares 56.5 5”
“ to perform better than planned on record Memory revenue driven by High Bandwidth Memory (HBM) and compute demand for AI applications,” said Teradyne CEO, Greg Smith. “Robotics continues to execute… …October 1, 2023 September 29, 2024 Oct”
“strong demand for graphics processing unit (GPU) chips (Logic) and high-bandwidth memory (HBM) among our customers – and both products are growing fast. This is expected to continue. The cost and… … did have a short correction but later in the year s”
Axcelis Technologies Inc (ACLS)
“e strength of our CS&I business and meaningful acceleration in Memory. Demand in DRAM and HBM was again a clear highlight, with strong sequential growth building on our momentum exiting… … · GAAP Operating Margin of 4.0% and Non-GAAP Operating Marg”
“pursue opportunities in memory, including NAND flash and potential high bandwidth memory (HBM) applications with our WLBI solutions roadmap. The growth of these two memory markets may have never… …Deferred income taxes (4,715 ) (421 ) Amortization ”
“ driven by the superior performance and expanding adoption of its IP portfolio, including HBM, UCIe, PCIe, DDR, and SerDes • The System Design and Analysis business grew 13% in 2025, supported … …significantly improved engineering productivity • Cade”
“e purchase agreement estimated at over $240 million with a leading high bandwidth memory (HBM) manufacturer for Dragonfly ® 2D inspection and 3D bump metrology to support expansion plans through… …correlation to the operation of our ongoing business.”
“ Aether® dry resist • Halo gaining traction in emerging Moly applications • Ramping in HBM high-volume manufacturing • Expect ~$2.5B cumulative revenue by the end of the decade LAM…”
“ Aether® dry resist • Halo gaining traction in emerging Moly applications • Ramping in HBM high-volume manufacturing • Expect ~$2.5B cumulative revenue by the end of the decade LAM…”
“ld joint venture includes approximately $135 million of expenditures before… … 99.1 Hudbay Minerals Inc.: Exhibit 99.1 - Filed by newsfilecorp.com TSX, NYSE - HBM 2026 No. 27 25 York Street, Suite 800 Toronto, O”
“ …before interest, taxes, depreciation, and amortization Extreme ultraviolet lithography HBM Micron OEM R&D Revolving Credit Facility SOFR SSD High-bandwidth memory Micron Technology, Inc.…”
“ons, including high-performance compute (HPC), advanced packaging, high-bandwidth memory (HBM), and silicon photonics. "The semiconductor industry is entering a period… … the collaboration will accelerate innovation across the semiconductor test ecos”
“gned to improve yield and lower maintenance requirements for advanced GAA logic, DRAM and HBM applications. • Expansion of the Ultra C Tahoe Wet Processing Platform. ACM has expanded its… …compensation and, with respect to net income attributable to ”
“e plan maintains average production of 185,000 ounces of gold over the next… … 99.1 Hudbay Minerals Inc.: Exhibit 99.1 - Filed by newsfilecorp.com TSX, NYSE - HBM 2026 No. 25 25 York Street, Suite 800 Toronto, O”
“10 MICRON TECHNOLOGY, INC. REPORTS RESULTS FOR THE SECOND QUARTER OF FISCAL 2025 Micron HBM revenue crosses $1 billion milestone in fiscal Q2 Strong execution and robust AI demand drives record… … earnings: • Stock-based compensation; • Gains and l”
“g attach programs associated with the TPU… …site Rack to rack XPU to XPU Chiplets and HBM 100s of km ~ 1km meters millimeters Data center interconnect (DCI) modules | Coherent DSPs | Coherent-lite DSPs | TIAs, drivers | Ethernet switches PA”
“nsistor efficiency, enabling faster, more power-efficient DRAM and high bandwidth memory (HBM). • Opta™ Quad CMP: engineered specifically for advanced packaging, the Opta Quad continuously monitors… …acquisitions; restructuring and severance charges ”
“ecture, we avoid many of the components that are currently in short supply. We do not use HBM memory, CoWoS packaging or 3nm fabrication technology, all of which are currently supply limited. Business… EX-99.1 2 cbrsannouncesfinancialresu.htm EX”
“BHP Source: Scotiabank, company reports, copper producers include ANTO, FM, CS, FCX, LUN, HBM. Average of CY/FY 2026 and 2027. FCF break-even copper price at consensus iron ore US$90/t and potash… …Operating costs net of other income and of profit/(”
“ion to its Upcoming Dividend Record and Payment Dates Toronto, Ontario, July 31, 2026 - Hudbay Minerals Inc. ("Hudbay" or the … …forward-looking information can be identified by the use of words such as "plans", "expects", "budget", "guidance", "sc”
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