Wheaton Precious Metals WPM
NYSE WPM
$150.89 -1.35 (-0.89%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Wheaton Precious Metals' (WPM) quarterly Cost of Revenue came in at $241.3 million in Q2 2026, up 60.71% year-over-year from $150.2 million in Q2 2025, and up 19.42% quarter-over-quarter from $202.1 million in Q1 2026.

Analysis

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

Wheaton Precious Metals (WPM) has reported Cost of Revenue for 18 consecutive years, with $241.3 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 60.71% year-over-year to $241.3 million in Q2 2026; TTM through Jun 2026 was $885.2 million, a 62.29% increase from a year earlier, with the FY2025 full-year figure at $643.0 million, up 33.38% from the prior year.
  • Cost of Revenue was $241.3 million for Q2 2026 at Wheaton Precious Metals, up from $202.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $301.5 million in Q4 2025 and troughed at $96.2 million in Q3 2023.
  • A 5-year average of $145.1 million and a median of $130.3 million in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue decreased 23.89% in 2023 and soared 126.51% in 2025, its largest moves.
  • Over 5 years, Cost of Revenue stood at $114.9 million in 2022, then climbed by 18.64% to $136.3 million in 2023, then slipped by 2.33% to $133.1 million in 2024, then soared by 126.51% to $301.5 million in 2025, then dropped by 19.95% to $241.3 million in 2026.
  • The last three Cost of Revenue figures came in at $241.3 million (Q2 2026), $202.1 million (Q1 2026), and $301.5 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Blackstone 94.04 Bn 96.47 Bn - -
2 Kkr 88.71 Bn -188.36 Bn - -
3 Brookfield 84.30 Bn 53.74 Bn 19.38 Bn 22.00 Mn
4 Brookfield Asset Management 73.57 Bn 73.30 Bn - -
5 Apollo Global Management 72.51 Bn 67.61 Bn 10.54 Bn 613.00 Mn
6 Wheaton Precious Metals 68.51 Bn 68.41 Bn 687.86 Mn 241.35 Mn
7 Franco Nevada 51.37 Bn 49.83 Bn 451.00 Mn 45.90 Mn
8 Ares Management 44.61 Bn 49.53 Bn - -
9 Tpg 18.17 Bn 19.73 Bn - -
10 Blue Owl Capital 15.34 Bn 18.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 241.35 Mn
Mar 31, 2026 202.10 Mn
Dec 31, 2025 301.50 Mn
Sep 30, 2025 140.27 Mn
Jun 30, 2025 150.17 Mn
Mar 31, 2025 151.33 Mn
Dec 31, 2024 133.11 Mn
Sep 30, 2024 110.84 Mn
Jun 30, 2024 112.87 Mn
Mar 31, 2024 125.23 Mn
Dec 31, 2023 136.28 Mn
Sep 30, 2023 96.24 Mn
Jun 30, 2023 113.12 Mn
Mar 31, 2023 96.96 Mn
Dec 31, 2022 114.87 Mn
Sep 30, 2022 116.68 Mn
Jun 30, 2022 140.63 Mn
Mar 31, 2022 127.40 Mn
Dec 31, 2021 127.53 Mn
Sep 30, 2021 117.51 Mn