# Pan American Silver (PAAS) — Earnings

PAAS · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/paas/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.72 |
| EPS estimate | $0.86 |
| EPS surprise | −16.54% |
| Revenue surprise | −2.45% |
| Revenue | $1.1B |
| Revenue estimate | $1.1B |
| Reported | Aug 13, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/771992/000077199226000063/paasq22026form6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/4e52910d-9e1b-803a-7933-f48b0c8044d1.html) |

Pan American Silver reported Q2 2026 results on August 13, 2026. Earnings per share were $0.72, missing the $0.86 estimate by 16.54%. Revenue of $1.1 billion came in 2.45% below the consensus. Against Q2 2025, EPS still rose about 67% from $0.43, and revenue rose from $820.7 million.

The table shows a sharp turn in earnings. Pan American posted losses in Q2, Q3 and Q4 of 2022 and in Q4 2023, and annual EPS was just $0.10 in 2022 and $0.11 in 2023. It then rose to $0.80 in 2024 and $2.43 in 2025. The table's high is $1.11 in Q4 2025, followed by $1.07 in Q1 2026. The first half of 2026 still totals $1.79, against $0.84 a year earlier. Quarterly revenue has grown from $326.6 million in Q3 2022 to $1.1–1.2 billion in each of the last three quarters. The company beat EPS estimates in only 8 of the 20 quarters.

Pan American reported third-quarter results between November 6 and November 12 in each of the past five years. That points to early or mid-November 2026 for the Q3 2026 report. It will show whether EPS moves back toward the levels of Q4 2025 and Q1 2026.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 13, 2026 | $0.86 | $0.72 | -16.54% | $1.1B | $1.1B |
| Q1 2026 | May 6, 2026 | $1.04 | $1.07 | 2.22% | $1.2B | $1.1B |
| Q4 2025 | Feb 18, 2026 | $0.89 | $1.11 | 23.73% | $1.1B | $1.2B |
| Q3 2025 | Nov 12, 2025 | $0.49 | $0.48 | -1.47% | $861.4M | $859.7M |
| Q2 2025 | Aug 6, 2025 | $0.41 | $0.43 | 7.20% | $777.7M | $820.7M |
| Q1 2025 | May 7, 2025 | $0.19 | $0.41 | 113.47% | $674.2M | $746.7M |
| Q4 2024 | Feb 19, 2025 | $0.35 | $0.35 | -2.54% | $783.4M | $803.8M |
| Q3 2024 | Nov 6, 2024 | $0.20 | $0.33 | 63.86% | $723.3M | $736.7M |
| Q2 2024 | Aug 7, 2024 | $0.15 | $0.11 | -24.32% | $695.2M | $689.5M |
| Q1 2024 | May 9, 2024 | −$0.06 | $0.01 | 116.58% | $597.9M | $607.9M |
| Q4 2023 | Feb 22, 2024 | $0.09 | −$0.04 | -147.71% | $613.6M | $682.1M |
| Q3 2023 | Nov 7, 2023 | $0.06 | $0.01 | -82.44% | $661.7M | $626.0M |
| Q2 2023 | Aug 9, 2023 | $0.07 | $0.04 | -43.18% | $642.3M | $647.0M |
| Q1 2023 | May 10, 2023 | $0.02 | $0.10 | 342.67% | $361.8M | $388.9M |
| Q4 2022 | Feb 22, 2023 | $0.04 | −$0.02 | -144.94% | $389.4M | $375.3M |
| Q3 2022 | Nov 10, 2022 | −$0.07 | −$0.01 | 85.39% | $336.0M | $326.6M |
| Q2 2022 | Aug 11, 2022 | $0.15 | −$0.03 | -120.31% | $419.4M | $336.9M |
| Q1 2022 | May 11, 2022 | $0.22 | $0.16 | -29.08% | $438.8M | $457.8M |
| Q4 2021 | Feb 24, 2022 | $0.26 | $0.19 | -26.44% | $444.8M | $429.8M |
| Q3 2021 | Nov 10, 2021 | $0.33 | $0.18 | -47.27% | $448.3M | $451.5M |

## Frequently Asked Questions

### When did Pan American Silver (PAAS) last report earnings?

Pan American Silver last reported on Aug 13, 2026, covering fiscal Q2 2026.

### Did PAAS beat earnings estimates?

No. Pan American Silver reported EPS of $0.72 for Q2 2026 against a $0.86 estimate — a 16.54% miss.

### How much revenue did PAAS report last quarter?

Pan American Silver reported $1.1B in revenue for Q2 2026, against a consensus estimate of $1.1B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).