Wheaton Precious Metals revenue and financials
Secondary listing. The primary listing is Wheaton Precious Metals · TSX (CAD)
$137.65Change from previous close: +1.01%Absolute change: +$1.38
In the fiscal year ended December 2025, Wheaton Precious Metals reported revenue of $2.31B (+80.18% year over year). Net income was $1.47B, a net margin of 63.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +80.18%
- 2025 vs 2024
- Net income growth
- +178.13%
- 2025 vs 2024
- Net margin
- 63.6%
- 2024: 41.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 650 | 766 | 746 | 383 | 415 | 361 | 319 | 254 | 234 | 219 | 242 | 171 |
| Depreciation and amortization | 123 | 77.3 | 86.6 | 66.3 | 75.3 | 77.0 | 178 | 55.9 | 59.2 | 64.0 | 68.9 | 46.8 |
| Capital expenditure | -4,474 | -61.2 | -647 | -251 | -348 | -95.7 | -116 | -25.9 | -35.6 | -463 | -453 | -91.0 |
| Investing cash flow | -4,511 | 251 | -677 | -159 | -348 | -95.8 | -125 | -31.2 | 132 | -463 | -464 | -98.9 |
| Financing cash flow | 1,799 | -2.5 | -73.5 | -72.5 | -147 | 2.4 | -69.9 | -69.3 | -132 | 3.7 | -65.4 | -67.1 |
| Dividends paid | -171 | — | -74.2 | -74.2 | -148 | — | -69.9 | -70.0 | -139 | — | -67.0 | -67.0 |
| Debt issued | 2,700 | — | — | — | 0.0 | — | — | — | — | — | — | — |
| Debt repaid | -728 | -0.2 | -0.2 | -0.1 | -0.1 | -0.1 | -0.2 | -0.1 | -0.1 | -0.1 | -0.1 | -0.2 |
| Effect of exchange rates | -1.8 | -3.5 | -0.0 | -0.0 | 0.2 | 0.0 | -0.2 | 0.1 | -0.1 | 0.0 | 0.1 | -0.0 |
| Net change in cash | -2,064 | 1,011 | -4.1 | 152 | -79.7 | 267 | 124 | 154 | 234 | -240 | -287 | 5.1 |
| Free cash flow | -3,825 | 705 | 99.2 | 132 | 67.0 | 265 | 204 | 228 | 199 | -243 | -210 | 80.1 |
| Levered free cash flow | -4,185 | 806 | -152 | 6.7 | -21.3 | 242 | 149 | 156 | 54.9 | -230 | -279 | 29.2 |