Pan American Silver Corp. (PAAS)

NYSE: PAAS · Real-Time Price · USD

49.87

+0.73 (1.49%)

At close: Mar 24, 2026, 4:00 PM EDT

51.70

+1.83 (3.67%)

After-hours: Mar 24, 2026, 7:59 PM EDT

Pan American Silver Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,619	2,819	2,316	1,495	1,633
Revenue Growth (YoY)	28.38%	21.71%	54.95%	-8.46%	21.95%
Cost of Revenue	1,717	1,699	1,535	1,130	961.85
Gross Profit	1,902	1,120	781	364.4	670.9
Selling, General & Admin	116	70	61.4	29	34.85
Depreciation & Amortization Expenses	497	571	484.2	316	302.96
Exploration Expenses	16	10	14.6	18.3	11.07
Other Operating Expenses	117	-62	182.7	308.4	5.45
Total Operating Expenses	746	589	742.9	671.7	354.33
Operating Income	1,156	531	38.1	-307.3	316.56
Interest Income	166	-14	-5.5	28.8	-55.38
Interest Expense	-84	-85	-91.4	-22.5	-16.2
Total Non-Operating Income (Expense)	82	-99	-96.9	6.3	-71.57
Pretax Income	1,238	432	-58.8	-301	244.99
Provision for Income Taxes	258	319	46.1	39.1	146.43
Net Income	978	112	-103.7	-341.7	97.43
Minority Interest in Earnings	2	1	-1.2	1.6	1.13
Net Income to Common	978	112	-103.7	-341.7	97.43
Net Income Growth	773.21%	-	-	-	-45.23%
Shares Outstanding (Basic)	381	363	327	211	210
Shares Outstanding (Diluted)	382	363	327	211	210
Shares Change (YoY)	5.00%	11.29%	55.11%	0.04%	0.07%
EPS (Basic)	2.56	0.31	-0.32	-1.62	0.46
EPS (Diluted)	2.56	0.31	-0.32	-1.62	0.46
EPS Growth	725.81%	-	-	-	-45.88%
Free Cash Flow	1,019	401	71.2	-242.9	148.63
Free Cash Flow Growth	154.12%	463.20%	-	-	-47.62%
Free Cash Flow Per Share	2.67	1.10	0.22	-1.15	0.71
Dividends Per Share	0.460	0.400	0.400	0.440	0.340
Dividend Growth	15.00%	-	-9.09%	29.41%	54.55%
Gross Margin	52.56%	39.73%	33.72%	24.38%	41.09%
Operating Margin	31.94%	18.84%	1.65%	-20.56%	19.39%
Profit Margin	27.08%	4.01%	-4.53%	-22.75%	6.04%
FCF Margin	28.16%	14.22%	3.07%	-16.25%	9.10%
EBITDA	1,653	1,102	522.3	8.7	619.52
EBITDA Margin	45.68%	39.09%	22.55%	0.58%	37.94%
EBIT	1,156	531	38.1	-307.3	316.56
EBIT Margin	31.94%	18.84%	1.65%	-20.56%	19.39%
Effective Tax Rate	20.84%	73.84%	-78.40%	-12.99%	59.77%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q