Americas Gold & Silver (USAS) Gross Margin (2016 - 2025)

Americas Gold & Silver (USAS) has 10 years of Gross Margin data on file, last reported at 45.46% in Q4 2025.

• Gross Margin for Q4 2025 came in at 45.46%, up 2898.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 28.04% (up 1063.0% YoY), and the FY2025 annual result was 28.04%, up 1063.0% from the prior year.
• Gross Margin climbed to 45.46% in Q4 2025 per USAS's latest filing, from 34.18% in the prior quarter.
• Over five years, Gross Margin peaked at 70.38% in Q4 2022 and troughed at 261.65% in Q1 2021.
• A 5-year average of 2.48% and a median of 11.99% in 2022 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2021 and 2022: Gross Margin plunged 30345 bps in 2021, then surged 29879 bps in 2022.
• A 5-year view of Gross Margin shows it stood at 0.52% in 2021, then jumped by 13653 bps to 70.38% in 2022, then plunged by 71 bps to 20.32% in 2023, then dropped by 19 bps to 16.48% in 2024, then surged by 176 bps to 45.46% in 2025.
• Business Quant data shows USAS's Gross Margin at 45.46% in Q4 2025, 34.18% in Q3 2025, and 12.8% in Q2 2025.