Pan American Silver Earnings Reports

Pan American Silver delivered record quarterly attributable revenue and free cash flow in Q3 2025. Net income rose to $169.2 million, supported by strong silver and gold sales and a positive contribution from the newly acquired Juanicipio mine.

Pan American Silver delivered a robust performance in Q2 2025, achieving record net earnings of $189.6 million and record free cash flow of $233.0 million. The company also increased its dividend by 20% and maintained its 2025 operating outlook, demonstrating strong financial health and operational efficiency.

Pan American Silver posted $773.2 million in revenue and $169.3 million in net income for Q1 2025. The company delivered $250.8 million in mine operating earnings, produced 5.0 million ounces of silver and 182.2 thousand ounces of gold, and generated $240.1 million in operating cash flow before working capital changes. Adjusted earnings reached $153.0 million, with free cash flow of $112.6 million.

Pan American Silver delivered strong financial results for Q4 2024, with record revenue of $815.1 million and net earnings of $107.8 million. Adjusted earnings per share stood at $0.35, reflecting solid operational performance. The company generated a record free cash flow of $196.2 million, supporting its robust financial position. Silver and gold production remained strong, aligning with company guidance.