Pan American generated Q4 2025 revenue of 1179000000, net earnings of 452000000 and adjusted earnings of 470000000, supported by 7278000 ounces of silver production and strong margins, delivering record operating cash flow of 554000000.
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.