Pan American Silver (PAAS) Operating Expenses (2009 - 2026)
Pan American Silver's Operating Expenses came in at -$18,000 for the quarter ended Jun 30, 2026, compared with -$21,000 a year earlier.
Pan American Silver (PAAS) Operating Expenses (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Pan American Silver reported Operating Expenses of -$127,400; for the year ended Dec 31, 2025, it was $15.88 million, up 60.0% from the prior year.
- Going back by year, Operating Expenses was $9.93 million in the year ended Dec 31, 2024 (-31.6%), $14.51 million in the year ended Dec 31, 2023 (-19.9%), $18.11 million in the year ended Dec 31, 2022 and -$23.78 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Operating Expenses since the quarter ended Dec 31, 2024.
- Business Quant data shows PAAS's Operating Expenses at -$39,000 (quarter ended Mar 31, 2026), -$39,000 (quarter ended Dec 31, 2025) and -$31,400 (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 168.96 Bn | 147.82 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 123.37 Bn | 91.54 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 107.07 Bn | 72.12 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 101.67 Bn | 97.82 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 92.92 Bn | 92.92 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 69.09 Bn | 53.83 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 53.61 Bn | 44.15 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 51.72 Bn | 32.74 Bn | - | -780.00 Mn |
| 10 | Pan American Silver | 19.47 Bn | 14.32 Bn | 457,000.00 | -18,000.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -18,000.00 |
| Mar 31, 2026 | -39,000.00 |
| Dec 31, 2025 | -39,000.00 |
| Sep 30, 2025 | -31,400.00 |
| Jun 30, 2025 | -21,000.00 |
| Mar 31, 2025 | -25,000.00 |
| Dec 31, 2024 | -6,000.00 |
| Sep 30, 2024 | -17,400.00 |
| Jun 30, 2024 | -23,700.00 |
| Mar 31, 2024 | -22,400.00 |
| Dec 31, 2023 | -18,800.00 |
| Sep 30, 2023 | -15,600.00 |
| Jun 30, 2023 | -23,000.00 |
| Mar 31, 2023 | -29,300.00 |
| Dec 31, 2022 | -160,500.00 |
| Sep 30, 2022 | -6,800.00 |
| Jun 30, 2022 | -8,400.00 |
| Mar 31, 2022 | -11,000.00 |
| Dec 31, 2021 | -8.26 Mn |
| Sep 30, 2021 | -9.08 Mn |
Pan American Silver Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=PAAS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "PAAS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=PAAS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();