PAN AMERICAN SILVER CORP

PAAS · XNYS

CIK 771992fmd_0ZMKVTPCYKS4TMHGC8H7KXX66EMining · Gold and Silver OresTemplate: Standard

Coverage: Jan 01, 2016 to Dec 31, 2025, 10 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	775	817	784	1,351	1,339	1,633	1,495	2,316	2,819	3,619
Cost of revenue	576	648	684	1,121	979	1,265	1,446	2,019	2,270	2,214
Gross profit	199	169	101	229	360	368	48	297	549	1,405
Operating income	184	188	43	127	210	321	(262)	38	531	1,233
Interest expense	3	2	2	3	3	5	2	6	6	3
Income before taxes	176	182	33	183	252	245	(301)	(59)	432	1,238
Income tax expense	74	59	21	71	76	146	39	46	319	258
Net income from continuing operations	102	123	12	111	176	99	(340)	(105)	113	980
Net income	102	123	12	111	176	99	(340)	(105)	113	980
Net income to common shareholders	100	121	10	111	178	97	(342)	(104)	112	978