Americas Gold & Silver (USAS) Operating Income (2016 - 2025)
Americas Gold & Silver (USAS) reported Operating Income of -$40.3 million for Q4 2025, down 114.23% year-over-year from $283.5 million in Q4 2024, and down 322.85% quarter-over-quarter from $18.1 million in Q3 2025.
Americas Gold & Silver (USAS) Operating Income (2016 - 2025) Analysis & Trends
Americas Gold & Silver (USAS) has 10 years of Operating Income data on file, last reported at -$40.3 million in Q4 2025.
- Operating Income for Q4 2025 came in at -$40.3 million, down 114.23% year-over-year; the trailing twelve-month figure through Dec 2025 was -$1.6 million (down 161.7% YoY), and the FY2025 annual result was -$1.6 million, down 3.78% from the prior year.
- Operating Income declined to -$40.3 million in Q4 2025 per USAS's latest filing, from $18.1 million in the prior quarter.
- Over five years, Operating Income peaked at $22.4 million in Q4 2022 and troughed at -$40.3 million in Q4 2025.
- A 5-year average of -$326100.0 and a median of $3.9 million in 2023 frame the typical range for Operating Income.
- The sharpest annual moves came in 2021 and 2025: Operating Income sank 3210.51% in 2021, then soared 309.53% in 2025.
- A 5-year view of Operating Income shows it stood at -$24.6 million in 2021, then surged by 191.0% to $22.4 million in 2022, then slumped by 165.75% to -$14.7 million in 2023, then dropped by 27.75% to -$18.8 million in 2024, then slumped by 114.23% to -$40.3 million in 2025.
- Business Quant data shows USAS's Operating Income at -$40.3 million in Q4 2025, $18.1 million in Q3 2025, and $10.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (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 | -24.12 Mn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | - |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 28.18 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | 37.35 Mn |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | -40.34 Mn |
| 10 | USA Rare Earth | 2.20 Bn | 2.20 Bn | - | -26.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -40.34 Mn |
| Sep 30, 2025 | 18.10 Mn |
| Jun 30, 2025 | 10.46 Mn |
| Mar 31, 2025 | 10.19 Mn |
| Dec 31, 2024 | -18.83 Mn |
| Sep 30, 2024 | 4.66 Mn |
| Jun 30, 2024 | 14.26 Mn |
| Mar 31, 2024 | 2.49 Mn |
| Dec 31, 2023 | -14.74 Mn |
| Sep 30, 2023 | 3.05 Mn |
| Jun 30, 2023 | 6.84 Mn |
| Mar 31, 2023 | 7.32 Mn |
| Dec 31, 2022 | 22.41 Mn |
| Sep 30, 2022 | 2.75 Mn |
| Jun 30, 2022 | 5.20 Mn |
| Mar 31, 2022 | 13.55 Mn |
| Dec 31, 2021 | -24.63 Mn |
| Sep 30, 2021 | -1.66 Mn |
| Jun 30, 2021 | -3.92 Mn |
| Mar 31, 2021 | -23.67 Mn |