Record FY26 Results, Record Dividend, and Prior-Period Restatement at Harmony Gold
HMY sits 63% above its 52-week low of $12.58.
Summary
Harmony Gold reported record FY26 results with revenue up 34% and headline EPS up 87%, declared a record final dividend, and disclosed a restatement of prior-period comparatives related to mine planning software and payroll provisions.
Key Events · Earnings and Guidance · HMY
-
Record FY26 Financial Results
Revenue rose 34% to R99,238M (US$5,876M); headline EPS up 87% to 4,363 SA cents; basic EPS up 103% to 4,701 SA cents; adjusted free cash flow up 54% to R17,148M (US$1,015M).
-
Record Final Dividend Declared
Final dividend of 750 SA cents (46.86651 US cents) per share declared, payable 12 October 2026; total FY26 dividends of R8,151M (US$503M) represent a yield of approximately 3.5%.
-
Prior-Period Restatement Disclosed
Note 25 discloses correction of prior-period errors: mine planning software algorithm misalignment at Tshepong North, Tshepong South, and Doornkop (overstating Mineral Reserves by 19.5–24.5% over LOM), plus payroll provision/accrual timing errors. FY25 comparatives restated.
-
MAC Copper Purchase Price Allocation Finalized
Final fair value of net identifiable assets acquired was R14,922M against consideration of R17,480M, resulting in goodwill of R2,558M allocated to the CSA mine.
Analysis · HMY · Energy & Transportation
The year's performance was the strongest on record for Harmony Gold, with revenue climbing 34% to R99.2 billion and headline earnings per share up 87% to 4,363 SA cents, supported by a 35% rise in the average gold price received. A final dividend of 750 SA cents per share—the highest ever—brings total FY26 dividends to a record R8.15 billion. Yet the filing also reveals a restatement of prior-period comparatives stemming from a mine planning software algorithm misalignment at three operations and payroll provision timing errors, a governance and controls issue that deserves investor scrutiny. Additionally, the final purchase price allocation for the MAC Copper acquisition was completed, recognizing R2.56 billion in goodwill.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HMY was trading at $20.50 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $14.1B. The 52-week trading range was $12.58 to $26.06. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.