Americas Gold & Silver (USAS) Net Margin (2016 - 2025)
Americas Gold & Silver (USAS) reported Net Margin of 97.6% for Q4 2025, down 4848.0% year-over-year from 2.06% in Q4 2024, and down 90.11% quarter-over-quarter from 51.34% in Q3 2025.
Americas Gold & Silver (USAS) Net Margin (2016 - 2025) Analysis & Trends
Americas Gold & Silver (USAS) has 10 years of Net Margin data on file, last reported at 97.6% in Q4 2025.
- Net Margin for Q4 2025 came in at 97.6%, down 4848.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 75.44% (down 6768.0% YoY), and the FY2025 annual result was 29.87%, down 374.0% from the prior year.
- Net Margin fell to 97.6% in Q4 2025 per USAS's latest filing, from 51.34% in the prior quarter.
- Over five years, Net Margin peaked at 873.45% in Q1 2021 and troughed at 182.07% in Q2 2021.
- A 5-year average of 43.3% and a median of 22.08% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2021 and 2022: Net Margin surged 93118 bps in 2021, then sank 87879 bps in 2022.
- A 5-year view of Net Margin shows it stood at 259.35% in 2021, then sank by 107 bps to 17.77% in 2022, then plunged by 83 bps to 32.48% in 2023, then tumbled by 51 bps to 49.12% in 2024, then plunged by 99 bps to 97.6% in 2025.
- Business Quant data shows USAS's Net Margin at 97.6% in Q4 2025, 51.34% in Q3 2025, and 60.11% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (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 | -8.79% |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 3.52% |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 36.41% |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -97.60% |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | -1,434.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -97.60% |
| Sep 30, 2025 | -51.34% |
| Jun 30, 2025 | -60.11% |
| Mar 31, 2025 | -89.60% |
| Dec 31, 2024 | -49.12% |
| Sep 30, 2024 | -69.02% |
| Jun 30, 2024 | 14.64% |
| Mar 31, 2024 | 69.33% |
| Dec 31, 2023 | -32.48% |
| Sep 30, 2023 | -48.71% |
| Jun 30, 2023 | -26.39% |
| Mar 31, 2023 | 45.88% |
| Dec 31, 2022 | -17.77% |
| Sep 30, 2022 | 124.25% |
| Jun 30, 2022 | 37.51% |
| Mar 31, 2022 | -5.34% |
| Dec 31, 2021 | 259.35% |
| Sep 30, 2021 | 171.17% |
| Jun 30, 2021 | -182.07% |
| Mar 31, 2021 | 873.45% |