Wheaton Precious Metals (WPM) Cost of Revenue (2009 - 2026)

Wheaton Precious Metals (WPM) reported Cost of Revenue of $202.1 million for Q1 2026, up 33.55% year-over-year from $151.3 million in Q1 2025, and up 117243.29% quarter-over-quarter from -$172519.5 in Q4 2025.

Wheaton Precious Metals (WPM) Cost of Revenue (2009 - 2026) Analysis & Trends

Wheaton Precious Metals (WPM) has 18 years of Cost of Revenue data on file, last reported at $202.1 million in Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $202.1 million, up 33.55% year-over-year; the trailing twelve-month figure through Mar 2026 was $492.4 million (up 31.25% YoY), and the FY2025 annual result was $643.0 million, up 33.38% from the prior year.
  • Cost of Revenue improved to $202.1 million in Q1 2026 per WPM's latest filing, from -$172519.5 in the prior quarter.
  • Over five years, Cost of Revenue peaked at $202.1 million in Q1 2026 and troughed at -$172519.5 in Q4 2025.
  • A 5-year average of $105.8 million and a median of $114.9 million in 2022 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2025 and 2026: Cost of Revenue tumbled 281.05% in 2025, then surged 33.55% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $114.9 million in 2022, then sank by 99.91% to $100104.7 in 2023, then retreated by 4.81% to $95286.0 in 2024, then plunged by 281.05% to -$172519.5 in 2025, then soared by 117243.29% to $202.1 million in 2026.
  • Business Quant data shows WPM's Cost of Revenue at $202.1 million in Q1 2026, -$172519.5 in Q4 2025, and $140.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Seabridge Gold 2,186.27 Bn 2,186.17 Bn - -
2 Barrick Mining 996.87 Bn 999.60 Bn 3.12 Bn 2.10 Bn
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 202.10 Mn
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 154.50 Mn
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 966.20 Mn
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 19.00 Mn
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 1.29 Bn
10 Aura Minerals 44.23 Bn 43.94 Bn 19.58 Mn 16.23 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 202.10 Mn
Mar 31, 2026 202.10 Mn
Dec 31, 2025 -172,519.49
Dec 31, 2025 -172,519.49
Sep 30, 2025 140.27 Mn
Sep 30, 2025 140.27 Mn
Jun 30, 2025 150.17 Mn
Jun 30, 2025 150.17 Mn
Mar 31, 2025 151.33 Mn
Mar 31, 2025 151.33 Mn
Dec 31, 2024 95,285.96
Dec 31, 2024 95,285.96
Sep 30, 2024 110.84 Mn
Sep 30, 2024 110.84 Mn
Jun 30, 2024 112.87 Mn
Jun 30, 2024 112.87 Mn
Mar 31, 2024 125.23 Mn
Mar 31, 2024 125.23 Mn
Dec 31, 2023 100,104.71
Dec 31, 2023 100,104.71