Pan American Silver (PAASF) Gross Margin (2009 - 2026)

Pan American Silver's Gross Margin history runs 18 years deep, the most recent figure standing at 52.69% for Q1 2026.

• In Q1 2026, Gross Margin rose 2022.0% year-over-year to 52.69%; the TTM figure through Mar 2026 stood at 44.06% (up 1970.0% YoY), while the FY2025 annual figure was 38.82%, up 1935.0% from the prior year.
• Gross Margin was 52.69% for Q1 2026 at Pan American Silver, up from 48.18% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 19779656.67% in Q1 2023 to a low of 0.01% in Q2 2022.
• Historically, Gross Margin has averaged 1164124.67% across 5 years, with a median of 24.54% in 2024.
• The sharpest annual moves came in 2023 and 2024: Gross Margin soared 1977964149 bps in 2023, then sank 1977964487 bps in 2024.
• A 5-year view of Gross Margin shows it stood at 3.24% in 2022, then surged by 199 bps to 9.69% in 2023, then jumped by 134 bps to 22.7% in 2024, then surged by 112 bps to 48.18% in 2025, then advanced by 9 bps to 52.69% in 2026.
• The last three Gross Margin figures came in at 52.69% (Q1 2026), 48.18% (Q4 2025), and 36.63% (Q3 2025), per Business Quant data.