PAAS
Pan American Silver Corp.
NYSE · Basic Materials · Silver · CA
$51.34
−2.40%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 4.3B | 3.7B | 2.8B | 2.3B | 1.5B |
| Cost of Revenue | 2.4B | 2.3B | 2.3B | 2.0B | 1.4B |
| Gross Profit | 1.9B | 1.4B | 548.5M | 296.8M | 48.4M |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 127.0M | 118.0M | 69.8M | 61.4M | 29.0M |
| General & Admin Expense | 70.4M | — | 69.8M | 61.4M | 29.0M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 104.9M | 80.4M | (52.0M) | 197.3M | 281.7M |
| Total Operating Expenses | 231.9M | 198.4M | 17.8M | 258.7M | 310.7M |
| Cost and Expenses | 2.6B | 2.5B | 2.3B | 2.3B | 1.8B |
| Operating Income (EBIT) | 1.7B | 1.2B | 530.7M | 38.1M | (262.3M) |
| Non-Operating | |||||
| Interest Income | 61.2M | 90.6M | — | 16.3M | 5.2M |
| Interest Expense | 67.0M | 59.0M | 50.8M | 58.2M | 7.3M |
| Net Interest Income | (5.8M) | 31.5M | (50.8M) | (42.0M) | (2.2M) |
| Other Non-Op Income/Expense | 225.6M | 71.2M | (99.0M) | (96.9M) | (38.7M) |
| Non-Operating Income (excl Interest) | (214.7M) | (130.2M) | 51.4M | 45.5M | 33.4M |
| EBT (Pre-Tax Income) | 1.9B | 1.3B | 431.7M | (58.8M) | (301.0M) |
| Income Tax Expense | 529.4M | 262.5M | 319.0M | 46.1M | 39.1M |
| Bottom Line | |||||
| Net Income | 1.4B | 995.1M | 111.5M | (103.7M) | (340.1M) |
| Earnings from Cont. Ops | 1.4B | 997.2M | 112.7M | (104.9M) | (340.1M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 1.4B | 995.1M | 111.5M | (103.7M) | (341.7M) |
| Per Share | |||||
| Basic EPS | $3.31 | $2.61 | $0.31 | ($0.32) | ($1.62) |
| Diluted EPS | $3.31 | $2.61 | $0.31 | ($0.32) | ($1.62) |
| Revenue Per Share | $10.24 | $9.65 | $7.76 | $7.09 | $7.10 |
| Shares | |||||
| Basic Shares Outstanding | 420.3M | 381.5M | 363.4M | 326.5M | 210.5M |
| Diluted Shares Outstanding | 420.3M | 381.6M | 363.4M | 326.5M | 210.5M |
| Profitability Metrics | |||||
| EBITDA | 2.4B | 1.9B | 1.1B | 476.8M | 20.3M |
| D&A | 502.4M | 532.2M | 571.7M | 484.2M | 316.0M |
| EBIT | 1.9B | 1.3B | 479.3M | (7.4M) | (295.7M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026