Pan American Silver Corp. (PAAS) — Financial statements
Income statement, balance sheet, and cash flow for Pan American Silver Corp. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,682↑30.6% | 2,819↑21.7% | 2,316↑55.0% | 1,495↓8.5% | 1,633 | |
| Cost of Revenue | 2,295↑1.1% | 2,270↑12.4% | 2,019↑39.6% | 1,446↑14.3% | 1,265 | |
| Gross Profit | 1,387↑152.8% | 549↑84.8% | 297↑513.2% | 48↓86.8% | 368 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 70↑13.7% | 61↑111.7% | 29↓16.8% | 35 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 118↑69.1% | 70↑13.7% | 61↑111.7% | 29↓16.8% | 35 | |
| Other Expenses | 80↑254.6% | -52↓126.4% | 197↓30.0% | 282↑2213.8% | 12 | |
| Operating Expenses | 198↑1014.7% | 18↓93.1% | 259↓16.7% | 311↑560.7% | 47 | |
| Total Costs & Expenses | 2,494↑9.0% | 2,288↑0.4% | 2,278↑29.7% | 1,757↑33.9% | 1,312 | |
| Operating Results | ||||||
| Operating Income | 1,188↑123.9% | 531↑1292.9% | 38↑114.5% | -262↓181.7% | 321 | |
| Depreciation & Amortization | 532↓6.9% | 572↑18.1% | 484↑53.2% | 316↑4.3% | 303 | |
| EBITDA | 1,721↑63.7% | 1,051↑120.4% | 477↑2248.8% | 20↓96.3% | 552 | |
| EBIT | 1,188↑148.0% | 479↑6577.0% | -7↑97.5% | -296↓218.9% | 249 | |
| Interest & Other Income | ||||||
| Net Interest Income | 32↑162.0% | -51↓21.2% | -42↓1840.8% | -2↑75.0% | -9 | |
| Interest Income | 91 | 0.00↓100.0% | 16↑215.9% | 5 | 0.00 | |
| Interest Expense | 59↑16.1% | 51↓12.7% | 58↑695.8% | 7↓15.4% | 9 | |
| Non-Operating Income | 0.00↓100.0% | 51↑13.0% | 46↑36.2% | 33↓53.8% | 72 | |
| Other Income / Expenses | 71↑171.9% | -99↓2.2% | -97↓150.4% | -39↑49.0% | -76 | |
| Income Before Tax | 1,260↑191.8% | 432↑834.2% | -59↑80.5% | -301↓222.9% | 245 | |
| Income Tax Expense | 263↓17.7% | 319↑592.0% | 46↑17.9% | 39↓73.3% | 146 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 997↑784.8% | 113↑207.4% | -105↑69.2% | -340↓445.1% | 99 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 995↑792.5% | 112↑207.5% | -104↑69.5% | -340↓449.0% | 97 | |
| Bottom-Line Net Income | 995↑792.5% | 112↑207.5% | -104↑69.7% | -342↓453.8% | 97 | |
| EPS (Basic) | 2.61↑741.9% | 0.31↑196.9% | -0.32↑80.2% | -1.62↓452.2% | 0.46 | |
| EPS (Diluted) | 2.61↑741.9% | 0.31↑196.9% | -0.32↑80.2% | -1.62↓452.2% | 0.46 | |
| Weighted Average Shares | 381↑5.0% | 363↑11.3% | 327↑55.1% | 211↑0.1% | 210 | |
| Weighted Average Diluted Shares | 382↑5.0% | 363↑11.3% | 327↑55.1% | 211↑0.0% | 210 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.