Pan American Silver Corp

NYSE:PAASBasic MaterialsNASDAQ:XAUSTOXX:EDD24BP

——At close · Market cap — · Next earnings Wed 4 Nov

PAAS · Income statement · TradingHolo

USD billions	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	TTM	YoY
Revenue	1.3	1.6	1.5	2.3	2.8	3.7	4.3	+16.6%
Cost of revenue	1.1	1.3	1.4	2.0	2.3	2.3	2.4	+4.1%
Gross profit	0.3	0.4	0.0	0.3	0.5	1.4	1.9	+37.1%
Research & development	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Selling, general & administrative	0.0	0.0	0.0	0.1	0.1	0.1	—	—
Selling & marketing	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Operating expenses	0.0	0.0	0.3	0.3	0.0	0.2	0.2	+4.2%
Operating income	0.2	0.3	(0.3)	0.0	0.5	1.2	1.7	+42.6%
Interest expense	0.0	0.0	0.0	0.1	0.1	0.1	0.1	+14.0%
Interest income	0.1	0.0	0.0	0.0	0.0	0.1	0.1	−10.0%
Other income / expense	0.0	(0.1)	(0.0)	(0.1)	(0.1)	0.1	—	—
Pre-tax income	0.3	0.2	(0.3)	(0.1)	0.4	1.3	1.8	+39.5%
Income tax	0.1	0.1	0.0	0.0	0.3	0.3	0.5	+101.3%
Net income	0.2	0.1	(0.3)	(0.1)	0.1	1.0	1.4	+38.5%
Discontinued operations	0.0	0.0	0.0	0.0	0.0	0.0	—	—
Other net income adjustments	0.0	0.0	0.0	0.0	0.0	0.0	—	—
EPS, basic (per share)	0.85	0.46	(1.62)	(0.32)	0.31	2.61	3.31	+26.9%
EPS, diluted (per share)	0.85	0.46	(1.62)	(0.32)	0.31	2.61	3.31	+26.9%
EBITDA	0.5	0.6	0.0	0.5	1.1	1.9	2.3	+24.7%
Depreciation & amortization	0.3	0.3	0.3	0.5	0.6	0.5	0.5	−4.6%
Weighted average shares (shares)	210,100,000	210,298,000	210,521,000	326,540,000	363,361,000	381,479,000	—	—
Weighted average diluted shares (shares)	210,295,000	210,435,000	210,521,000	326,540,000	363,401,000	381,577,000	—	—
Gross margin	19.3%	22.5%	3.2%	12.8%	19.5%	37.7%	44.3%	+6.6 pts
Operating margin	15.7%	19.7%	−17.5%	1.6%	18.8%	32.3%	39.5%	+7.2 pts
Net margin	13.3%	6.0%	−22.8%	−4.5%	4.0%	27.0%	32.1%	+5.1 pts

USD billionsUpdated Wed 12 Aug ·

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Amounts are shown in the stated units; per-share amounts and shares are unscaled. Negative amounts are in brackets.

TTM ends 2026-06-30 and uses four consecutive reported quarters.