Silvercorp Metals (SVM) Gross Margin (2009 - 2026)
Silvercorp Metals' (SVM) quarterly Gross Margin came in at 67.83% in Q1 2026, up 3302.0% YoY from 1.99% in Q1 2025, and up 11.0% on a QoQ basis from 61.11% in Q4 2025.
Silvercorp Metals (SVM) Gross Margin (2009 - 2026) Analysis & Trends
Silvercorp Metals (SVM) has 18 years of Gross Margin data on file, last reported at 67.83% in Q1 2026.
- Quarterly Gross Margin rose 3302.0% year-over-year to 67.83% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 67.8% (up 2428.0% YoY) and the FY2026 annual result came in at 57.91%, up 1657.0% from the prior year.
- Gross Margin improved to 67.83% in Q1 2026, from 61.11% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 67.83% in Q1 2026 to a low of 27.76% in Q3 2022.
- A 5-year average of 42.0% and a median of 38.83% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 1265 bps — and 2026, when it soared 3302 bps.
- Tracing SVM's Gross Margin over 5 years: stood at 27.76% in 2022, then surged by 40 bps to 38.79% in 2023, then decreased by 10 bps to 34.96% in 2024, then jumped by 75 bps to 61.11% in 2025, then advanced by 11 bps to 67.83% in 2026.
- The last three Gross Margin figures came in at 67.83% (Q1 2026), 61.11% (Q4 2025), and 49.03% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | 53.82% |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | 34.89% |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 61.12% |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | 1.30% |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 67.83% |
| Dec 31, 2025 | 61.11% |
| Sep 30, 2025 | 49.03% |
| Jun 30, 2025 | 44.04% |
| Mar 31, 2025 | 34.81% |
| Dec 31, 2024 | 34.96% |
| Sep 30, 2024 | 46.56% |
| Jun 30, 2024 | 50.60% |
| Mar 31, 2024 | 30.55% |
| Sep 30, 2023 | 38.79% |
| Jun 30, 2023 | 38.83% |
| Mar 31, 2023 | 32.96% |
| Sep 30, 2022 | 27.76% |
| Jun 30, 2022 | 39.16% |
| Mar 31, 2022 | 32.96% |
| Dec 31, 2021 | 36.35% |
| Sep 30, 2021 | 40.41% |
| Jun 30, 2021 | 43.36% |
| Mar 31, 2021 | 37.51% |
| Dec 31, 2020 | 46.53% |