Americas Gold & Silver (USAS) Cost of Revenue (2016 - 2025)
Americas Gold & Silver (USAS) reported Cost of Revenue of $20.1 million for Q4 2025, up 1.17% year-over-year from $19.9 million in Q4 2024, and little changed quarter-over-quarter from $20.1 million in Q3 2025.
Americas Gold & Silver (USAS) Cost of Revenue (2016 - 2025) Analysis & Trends
Americas Gold & Silver (USAS) has 10 years of Cost of Revenue data on file, last reported at $20.1 million in Q4 2025.
- Cost of Revenue for Q4 2025 came in at $20.1 million, up 1.17% year-over-year; the trailing twelve-month figure through Dec 2025 was $84.9 million (up 2.57% YoY), and the FY2025 annual result was $84.9 million, up 2.57% from the prior year.
- Cost of Revenue was little changed at $20.1 million in Q4 2025 per USAS's latest filing, from $20.1 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $37.7 million in Q1 2021 and troughed at $14.3 million in Q4 2021.
- A 5-year average of $20.3 million and a median of $20.0 million in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2021 and 2022: Cost of Revenue jumped 283.64% in 2021, then slumped 55.95% in 2022.
- A 5-year view of Cost of Revenue shows it stood at $14.3 million in 2021, then surged by 33.31% to $19.1 million in 2022, then increased by 27.65% to $24.4 million in 2023, then fell by 18.46% to $19.9 million in 2024, then gained by 1.17% to $20.1 million in 2025.
- Business Quant data shows USAS's Cost of Revenue at $20.1 million in Q4 2025, $20.1 million in Q3 2025, and $23.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | - |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | - |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | - |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 74.25 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 467.99 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 16.77 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | 20.11 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 20.11 Mn |
| Dec 31, 2025 | 20.11 Mn |
| Sep 30, 2025 | 20.14 Mn |
| Sep 30, 2025 | 20.14 Mn |
| Jun 30, 2025 | 23.48 Mn |
| Jun 30, 2025 | 23.48 Mn |
| Mar 31, 2025 | 21.14 Mn |
| Mar 31, 2025 | 21.14 Mn |
| Dec 31, 2024 | 19.88 Mn |
| Dec 31, 2024 | 19.88 Mn |
| Sep 30, 2024 | 20.27 Mn |
| Sep 30, 2024 | 20.27 Mn |
| Jun 30, 2024 | 21.56 Mn |
| Jun 30, 2024 | 21.56 Mn |
| Mar 31, 2024 | 21.04 Mn |
| Mar 31, 2024 | 21.04 Mn |
| Dec 31, 2023 | 24.37 Mn |
| Dec 31, 2023 | 24.37 Mn |
| Sep 30, 2023 | 18.00 Mn |
| Sep 30, 2023 | 18.00 Mn |