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Pan American Silver (PAAS) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Pan American Silver Revenue Highlights

Latest Revenue (Y)

$2.82B

Latest Revenue (Q)

$854.60M

Main Segment (Y)

Refined Silver and Gold

Pan American Silver Revenue by Period

Pan American Silver Revenue by Year

DateRevenueChange
2024-12-31$2.82B21.71%
2023-12-31$2.32B54.95%
2022-12-31$1.49B-8.46%
2021-12-31$1.63B21.96%
2020-12-31$1.34B-0.88%
2019-12-31$1.35B72.18%
2018-12-31$784.50M-3.96%
2017-12-31$816.83M5.43%
2016-12-31$774.77M14.83%
2015-12-31$674.69M-10.27%
2014-12-31$751.94M-8.80%
2013-12-31$824.50M-11.21%
2012-12-31$928.59M8.57%
2011-12-31$855.27M32.28%
2010-12-31$646.55M-

Pan American Silver generated $2.82B in revenue during NA 2024, up 21.71% compared to the previous quarter, and up 208.69% compared to the same period a year ago.

Pan American Silver Revenue by Quarter

DateRevenueChange
2025-09-30$854.60M5.26%
2025-06-30$811.90M5.01%
2025-03-31$773.20M-5.14%
2024-12-31$815.10M13.82%
2024-09-30$716.10M4.34%
2024-06-30$686.30M14.12%
2024-03-31$601.40M-10.19%
2023-12-31$669.60M8.65%
2023-09-30$616.30M-3.69%
2023-06-30$639.90M63.95%
2023-03-31$390.30M3.95%
2022-12-31$375.47M10.79%
2022-09-30$338.90M-0.47%
2022-06-30$340.50M-22.60%
2022-03-31$439.90M4.20%
2021-12-31$422.17M-8.29%
2021-09-30$460.35M20.47%
2021-06-30$382.13M3.81%
2021-03-31$368.10M-14.49%
2020-12-31$430.46M43.29%
2020-09-30$300.41M20.40%
2020-06-30$249.51M-30.39%
2020-03-31$358.43M-11.36%
2019-12-31$404.38M14.82%
2019-09-30$352.19M3.43%
2019-06-30$340.49M34.21%
2019-03-31$253.70M46.34%
2018-12-31$173.36M-7.65%
2018-09-30$187.72M-13.28%
2018-06-30$216.46M4.59%
2018-03-31$206.96M-8.44%
2017-12-31$226.03M18.47%
2017-09-30$190.79M-5.23%
2017-06-30$201.32M1.32%
2017-03-31$198.69M4.25%
2016-12-31$190.60M-18.43%
2016-09-30$233.65M21.53%
2016-06-30$192.26M21.47%
2016-03-31$158.28M-2.87%
2015-12-31$162.96M2.22%
2015-09-30$159.41M-8.48%
2015-06-30$174.19M-2.21%
2015-03-31$178.13M9.21%
2014-12-31$163.10M-8.51%
2014-09-30$178.26M-11.24%
2014-06-30$200.85M-4.24%
2014-03-31$209.73M9.03%
2013-12-31$192.36M-9.93%
2013-09-30$213.56M21.63%
2013-06-30$175.58M-27.75%
2013-03-31$243.01M-1.75%
2012-12-31$247.34M-1.79%
2012-09-30$251.84M25.55%
2012-06-30$200.60M-12.33%
2012-03-31$228.82M7.75%
2011-12-31$212.36M-3.72%
2011-09-30$220.57M-4.87%
2011-06-30$231.87M21.73%
2011-03-31$190.48M-0.32%
2010-12-31$191.10M-

Pan American Silver generated $854.60M in revenue during Q3 2025, up 5.26% compared to the previous quarter, and up 124.52% compared to the same period a year ago.

Pan American Silver Revenue Breakdown

Pan American Silver Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24Dec 23Dec 20Dec 19
Copper Concentrate$56.00M$71.70M$54.60M$50.08M$78.86M
Lead Concentrate$379.00M$201.80M$163.50M$132.82M$183.34M
Refined Silver and Gold$2.93B$2.37B$1.95B$1.05B$894.20M
Silver Concentrate$101.00M$75.00M$60.40M$43.27M$59.36M
Zinc Concentrate$153.00M$101.30M$83.20M$65.03M$134.99M

Pan American Silver's latest annual revenue breakdown by segment (product or service), as of Dec 25: Refined Silver and Gold (80.96%), Lead Concentrate (10.47%), Zinc Concentrate (4.23%), Silver Concentrate (2.79%), and Copper Concentrate (1.55%).

Pan American Silver Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
HMYHarmony Gold Mining$49.27B$1.70B
SUZSuzano$39.76B$9.46B
RSReliance Steel & Aluminum$14.29B$3.65B
SQMSociedad Química y Minera de Chile$7.47B$1.08B
RPMRPM$7.37B$1.91B
CFCF Industries$7.08B$1.66B
JHXJames Hardie Industries$3.94B$1.00B
PAASPan American Silver$2.82B$854.60M
RGLDRoyal Gold$1.03B$209.64M
AGIAlamos Gold$1.02B$360.90M
ALBAlbemarle-$1.31B

PAAS Revenue FAQ

What is Pan American Silver’s yearly revenue?

Pan American Silver's yearly revenue for 2024 was $2.82B, representing an increase of 21.71% compared to 2023. The company's yearly revenue for 2023 was $2.32B, representing an increase of 54.95% compared to 2022. PAAS's yearly revenue for 2022 was $1.49B, representing a decrease of -8.46% compared to 2021.

What is Pan American Silver’s quarterly revenue?

Pan American Silver's quarterly revenue for Q3 2025 was $854.6M, a 5.26% increase from the previous quarter (Q2 2025), and a 19.34% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $811.9M, a 5.01% increase from the previous quarter (Q1 2025), and a 18.30% increase year-over-year (Q2 2024). PAAS's quarterly revenue for Q1 2025 was $773.2M, a -5.14% decrease from the previous quarter (Q4 2024), and a 28.57% increase year-over-year (Q1 2024).

What is Pan American Silver’s revenue growth rate?

Pan American Silver's revenue growth rate for the last 3 years (2022-2024) was 88.59%, and for the last 5 years (2020-2024) was 110.55%.

What are Pan American Silver’s revenue streams?

Pan American Silver's revenue streams in c 25 are Copper Concentrate, Lead Concentrate, Refined Silver and Gold, Silver Concentrate, and Zinc Concentrate. Copper Concentrate generated $56M in revenue, accounting 1.55% of the company's total revenue, down -21.90% year-over-year. Lead Concentrate generated $379M in revenue, accounting 10.47% of the company's total revenue, up 87.81% year-over-year. Refined Silver and Gold generated $2.93B in revenue, accounting 80.96% of the company's total revenue, up 23.68% year-over-year. Silver Concentrate generated $101M in revenue, accounting 2.79% of the company's total revenue, up 34.67% year-over-year. Zinc Concentrate generated $153M in revenue, accounting 4.23% of the company's total revenue, up 51.04% year-over-year.

What is Pan American Silver’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Pan American Silver was Refined Silver and Gold. This segment made a revenue of $2.93B, representing 80.96% of the company's total revenue.