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

Wheaton Precious Metals (WPM) has reported Cost of Revenue for 18 consecutive years, with $202.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 33.55% year-over-year to $202.1 million; the TTM figure through Mar 2026 stood at $492.4 million (up 31.25% YoY), while the FY2025 annual figure was $643.0 million, up 33.38% from the prior year.
• Cost of Revenue advanced to $202.1 million in Q1 2026 per WPM's latest filing, from -$172519.5 in the prior quarter.
• Across five years, Cost of Revenue topped out at $202.1 million in Q1 2026 and bottomed at -$172519.5 in Q4 2025.
• Historically, Cost of Revenue has averaged $113.8 million across 5 years, with a median of $116.7 million in 2022.
• Annual changes were most pronounced in 2025 — Cost of Revenue tumbled 281.05% — and 2026, when it surged 33.55%.
• Wheaton Precious Metals' Cost of Revenue stood at $114.9 million in 2022, then grew by 18.64% to $136.3 million in 2023, then sank by 99.93% to $95286.0 in 2024, then sank by 281.05% to -$172519.5 in 2025, then jumped 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.