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 | 161.67 Bn | 124.47 Bn | - | - |
| 2 | Southern Copper | 160.16 Bn | 138.94 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Rio Tinto | 138.60 Bn | 99.10 Bn | - | - |
| 4 | Newmont | 118.04 Bn | 83.19 Bn | 4.22 Bn | 3.20 Bn |
| 5 | Freeport-Mcmoran | 95.31 Bn | 79.35 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 89.66 Bn | 79.30 Bn | 2.43 Bn | 119.48 Mn |
| 7 | Barrick Mining | 66.40 Bn | 41.60 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 62.13 Bn | 62.13 Bn | - | - |
| 9 | ArcelorMittal | 46.50 Bn | 25.52 Bn | - | 780.00 Mn |
| 10 | Pan American Silver | 15.77 Bn | 10.63 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 | -281,500.00 |
| Sep 30, 2023 | 615,000.00 |
| Jun 30, 2023 | -5.48 Mn |
| Mar 31, 2023 | 18.91 Mn |
| Dec 31, 2022 | -154,300.00 |
| 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();