Pan American Silver Corp. revenue by segment PAASF
Pan American Silver Corp. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Gold at $2.5 billion, 70% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Refined Silverand Gold at $2.9 billion, 81% of the total.
USD in millions. The percent under a figure is the change from the year before.
| Line |
FY 2025
Dec 31, 2025
|
FY 2024
Dec 31, 2024
|
FY 2023
Dec 31, 2023
|
FY 2022
Dec 31, 2022
|
FY 2021
Dec 31, 2021
|
FY 2020
Dec 31, 2020
|
FY 2019
Dec 31, 2019
|
FY 2018
Dec 31, 2018
|
FY 2017
Dec 31, 2017
|
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
3,619
|
2,819
|
2,316
|
1,495
|
1,633
|
1,339
|
1,351
|
784
|
817
|
| Operating segments | |||||||||
| Gold |
2,545
+18.5%
share 70.3%
|
2,148
+26.0%
share 76.2%
|
1,705
+72.2%
share 73.6%
|
990
-4.0%
share 66.2%
|
1,031
+7.6%
share 63.2%
|
958
share 71.6%
|
—
|
—
|
—
|
| Silver |
1,231
+84.8%
share 34.0%
|
666
+9.0%
share 23.6%
|
611
+21.1%
share 26.4%
|
505
-16.1%
share 33.8%
|
601
+58.1%
share 36.8%
|
380
share 28.4%
|
—
|
—
|
—
|
| Corporate And Other |
0
share 0.0%
|
0
share 0.0%
|
—
|
—
|
—
|
—
|
—
|
—
|
—
|
| Sales mix | |||||||||
| Refined Silverand Gold |
2,930
+23.7%
share 81.0%
|
2,369
+21.2%
share 84.0%
|
1,954
+76.6%
share 84.4%
|
1,107
-6.0%
share 74.0%
|
1,177
+12.4%
share 72.1%
|
1,048
share 78.2%
|
—
|
—
|
—
|
| Lead Concentrate |
379
+87.6%
share 10.5%
|
202
+23.5%
share 7.2%
|
164
-2.5%
share 7.1%
|
168
+15.2%
share 11.2%
|
146
+9.6%
share 8.9%
|
133
share 9.9%
|
—
|
—
|
—
|
| Zinc Concentrate |
153
+51.5%
share 4.2%
|
101
+21.4%
share 3.6%
|
83
-15.4%
share 3.6%
|
98
-17.4%
share 6.6%
|
119
+83.1%
share 7.3%
|
65
share 4.9%
|
—
|
—
|
—
|
| Silver Concentrate |
101
+34.7%
share 2.8%
|
75
+24.2%
share 2.7%
|
60
+6.3%
share 2.6%
|
57
-1.7%
share 3.8%
|
58
+33.5%
share 3.5%
|
43
share 3.2%
|
—
|
—
|
—
|
| Copper Concentrate |
56
-22.2%
share 1.5%
|
72
+31.9%
share 2.6%
|
55
-16.1%
share 2.4%
|
65
-51.1%
share 4.4%
|
133
+165.6%
share 8.1%
|
50
share 3.7%
|
—
|
—
|
—
|
How these figures are calculated
Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.
Company profile
- Industry
- Gold and Silver Ores (SIC 1040)
- Listed as
- PAAS (NYSE), PAASF (OTC)
- Fiscal year ends
- December 31
- Headquarters
- Vancouver, British Columbia, Canada
- SEC CIK
- 771992
Other Gold and Silver Ores companies
Source: SEC EDGAR filings. This is company-reported data, not investment advice.