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Side-by-side financial comparison of KINROSS GOLD CORP (KGC) and Nasdaq, Inc. (NDAQ). Click either name above to swap in a different company.

KINROSS GOLD CORP is the larger business by last-quarter revenue ($2.5B vs $2.1B, roughly 1.2× Nasdaq, Inc.).

Kinross Gold Corporation is a Canadian-based gold and silver mining company founded in 1993 and headquartered in Toronto, Ontario, Canada. Kinross currently operates six active gold mines, and was ranked fifth of the "10 Top Gold-mining Companies" of 2019 by InvestingNews. The company's mines are located in Brazil, Mauritania, and the United States. It trades under the KGC ticker in the New York Stock Exchange, and under K in the Toronto Stock Exchange.

Nasdaq Stock Market is an American stock exchange, the second-largest by market cap on the list of stock exchanges, and the first fully electronic stock market. The exchange is based in Manhattan, New York City, and is among the most active stock trading venue by volume in the United States.

KGC vs NDAQ — Head-to-Head

Bigger by revenue
KGC
KGC
1.2× larger
KGC
$2.5B
$2.1B
NDAQ

Income Statement — Q3 FY2023 vs Q1 FY2026

Metric
KGC
KGC
NDAQ
NDAQ
Revenue
$2.5B
$2.1B
Net Profit
$519.0M
Gross Margin
7.3%
Operating Margin
30.7%
Net Margin
24.3%
Revenue YoY
2.0%
Net Profit YoY
31.4%
EPS (diluted)
$0.91

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KGC
KGC
NDAQ
NDAQ
Q1 26
$2.1B
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$2.1B
Q1 25
$2.1B
Q4 24
$2.0B
Q3 24
$1.9B
Q2 24
$1.8B
Net Profit
KGC
KGC
NDAQ
NDAQ
Q1 26
$519.0M
Q4 25
$518.0M
Q3 25
$423.0M
Q2 25
$452.0M
Q1 25
$395.0M
Q4 24
$355.0M
Q3 24
$306.0M
Q2 24
$222.0M
Gross Margin
KGC
KGC
NDAQ
NDAQ
Q1 26
Q4 25
65.5%
Q3 25
67.2%
Q2 25
62.5%
Q1 25
59.2%
Q4 24
60.4%
Q3 24
60.3%
Q2 24
64.7%
Operating Margin
KGC
KGC
NDAQ
NDAQ
Q1 26
30.7%
Q4 25
29.7%
Q3 25
29.9%
Q2 25
27.2%
Q1 25
26.2%
Q4 24
25.4%
Q3 24
23.6%
Q2 24
23.6%
Net Margin
KGC
KGC
NDAQ
NDAQ
Q1 26
24.3%
Q4 25
24.4%
Q3 25
21.6%
Q2 25
21.6%
Q1 25
18.9%
Q4 24
17.5%
Q3 24
16.1%
Q2 24
12.4%
EPS (diluted)
KGC
KGC
NDAQ
NDAQ
Q1 26
$0.91
Q4 25
$0.90
Q3 25
$0.73
Q2 25
$0.78
Q1 25
$0.68
Q4 24
$0.62
Q3 24
$0.53
Q2 24
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KGC
KGC
NDAQ
NDAQ
Cash + ST InvestmentsLiquidity on hand
$418.1M
$515.0M
Total DebtLower is stronger
$751.5M
$9.0B
Stockholders' EquityBook value
$12.0B
Total Assets
$10.4B
$27.3B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KGC
KGC
NDAQ
NDAQ
Q1 26
$515.0M
Q4 25
$604.0M
Q3 25
$470.0M
Q2 25
$732.0M
Q1 25
$690.0M
Q4 24
$592.0M
Q3 24
$266.0M
Q2 24
$416.0M
Total Debt
KGC
KGC
NDAQ
NDAQ
Q1 26
$9.0B
Q4 25
$8.6B
Q3 25
$8.7B
Q2 25
$8.7B
Q1 25
$8.9B
Q4 24
$9.1B
Q3 24
$9.4B
Q2 24
$9.2B
Stockholders' Equity
KGC
KGC
NDAQ
NDAQ
Q1 26
$12.0B
Q4 25
$12.2B
Q3 25
$12.0B
Q2 25
$11.8B
Q1 25
$11.5B
Q4 24
$11.2B
Q3 24
$11.1B
Q2 24
$10.9B
Total Assets
KGC
KGC
NDAQ
NDAQ
Q1 26
$27.3B
Q4 25
$31.1B
Q3 25
$30.7B
Q2 25
$30.4B
Q1 25
$30.6B
Q4 24
$30.4B
Q3 24
$30.6B
Q2 24
$30.2B
Debt / Equity
KGC
KGC
NDAQ
NDAQ
Q1 26
0.74×
Q4 25
0.70×
Q3 25
0.72×
Q2 25
0.73×
Q1 25
0.77×
Q4 24
0.81×
Q3 24
0.85×
Q2 24
0.85×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KGC
KGC
NDAQ
NDAQ
Operating Cash FlowLast quarter
$649.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KGC
KGC
NDAQ
NDAQ
Q1 26
Q4 25
$625.0M
Q3 25
$221.0M
Q2 25
$746.0M
Q1 25
$663.0M
Q4 24
$705.0M
Q3 24
$244.0M
Q2 24
$460.0M
Free Cash Flow
KGC
KGC
NDAQ
NDAQ
Q1 26
Q4 25
$536.0M
Q3 25
$152.0M
Q2 25
$687.0M
Q1 25
$614.0M
Q4 24
$645.0M
Q3 24
$188.0M
Q2 24
$408.0M
FCF Margin
KGC
KGC
NDAQ
NDAQ
Q1 26
Q4 25
25.2%
Q3 25
7.8%
Q2 25
32.9%
Q1 25
29.4%
Q4 24
31.7%
Q3 24
9.9%
Q2 24
22.8%
Capex Intensity
KGC
KGC
NDAQ
NDAQ
Q1 26
Q4 25
4.2%
Q3 25
3.5%
Q2 25
2.8%
Q1 25
2.3%
Q4 24
3.0%
Q3 24
2.9%
Q2 24
2.9%
Cash Conversion
KGC
KGC
NDAQ
NDAQ
Q1 26
Q4 25
1.21×
Q3 25
0.52×
Q2 25
1.65×
Q1 25
1.68×
Q4 24
1.99×
Q3 24
0.80×
Q2 24
2.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KGC
KGC

Segment breakdown not available.

NDAQ
NDAQ

Market Services$1.0B49%
Capital Access Platforms$565.0M26%
Financial Technology$517.0M24%
Other Revenues$8.0M0%

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