---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-227284"
form_type: "8-K"
ticker: "DYNR"
cik: "0001111741"
company_name: "DYNARESOURCE, INC."
filed_at: "2026-05-15T21:34:12+00:00"
generated_at: "2026-05-18T10:09:48.775574+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# DynaResource Q1 2026 revenue up 31% to $18.0M, net income $2.5M, adjusted EBITDA $6.0M

## Summary
- Revenue $18.0M (+31% YoY); net income $2.5M vs $0.6M in Q1 2025; adjusted EBITDA $6.0M (+161% YoY).
- Gold production 4,840 oz (-16% YoY) due to lower head grade of 2.90 g/t; mill throughput 767 tpd (+4% YoY).
- Sixth consecutive quarter of positive adjusted EBITDA; process plant target 750-800 tpd for 2026.
- New gravity circuit recovering ~30% of gold; development 3,219 meters in Q1 vs 3,172 in Q4 2025.
- Operating cash flow before working capital changes $4.6M vs $1.5M; cash from operations $2.0M.

## SEC filing metadata
- accession: 0001193125-26-227284
- form_type: 8-K
- ticker: DYNR
- cik: 0001111741
- company_name: DYNARESOURCE, INC.
- filed_at: 2026-05-15T21:34:12+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1111741/000119312526227284/0001193125-26-227284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1111741/000119312526227284/dynr-20260515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-227284
- JSON: https://secwatch.observer/filing/0001193125-26-227284.json
- Plain text: https://secwatch.observer/filing/0001193125-26-227284.txt

## Key facts
- Earnings Releases
  DYNARESOURCE, INC. reported the three months ending March 31, 2026 results: revenue $18.0 million, net income $2.5 million.
  - Period: the three months ending March 31, 2026
  - Revenue: $18.0 million
  - Net income: $2.5 million
  - Result: reported results
  source text: Q1 2026 Highlights: • Revenue for Q1 2026 totaled $18.0 million, up 31% over $13.7 million in Q1 2025 and up 22% over $14.8 million in Q4 2025 • Q1 2026 Net Income of $2.5 million was up significantly from $0.6 million in Q1 2025 and $1.4 million in Q4 2025 • Sixth consecutive quarter of positive adjusted EBITDA with $6.0 million in Q1 2026, up 161% from $2.3 million in Q1 2025 and up 28% from $4.7 million in Q4 2025 • Gold production of 4,840 ounces was down 16% from 5,781 ounces in Q1 2025 and 5% from 5,080 ounces in Q4 2025 • Milled throughput of 69,816 tons in Q1 2026 was up 4% from 67,374 tons in Q1 2025 and 7% from 65,275 tons in Q4 2025 • Daily mill throughput average of 767 tonnes per day, up 4% from 740 tons per day in Q1 2025 and up 8% from 710 tons per day in Q4 2025 • Head grade of 2.90 g/t gold was down compared to both comparative quarters “ Results from the first quarter r
  evidence_url: https://www.sec.gov/Archives/edgar/data/1111741/000119312526227284/0001193125-26-227284-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.