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

Wheaton Precious Metals (WPM) posted quarterly Cost of Revenue of $202.1 million for Q1 2026, up 33.55% YoY from $151.3 million in Q1 2025, and up 117243.29% sequentially from -$172519.5 in Q4 2025.

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

Wheaton Precious Metals has disclosed Cost of Revenue across 18 years of filings, most recently posting $202.1 million for 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 grew to $202.1 million in Q1 2026, from -$172519.5 in the prior quarter.
  • Over the last five years, Cost of Revenue for WPM reached as high as $202.1 million in Q1 2026 and fell as low as -$172519.5 in Q4 2025.
  • The 5-year median for Cost of Revenue is $116.7 million (2022), against an average of $113.8 million.
  • Annual changes were most pronounced in 2025 — Cost of Revenue sank 281.05% — and 2026, when it surged 33.55%.
  • A 5-year view of Cost of Revenue shows it stood at $114.9 million in 2022, then climbed by 18.64% to $136.3 million in 2023, then slumped by 99.93% to $95286.0 in 2024, then slumped by 281.05% to -$172519.5 in 2025, then soared by 117243.29% to $202.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $202.1 million, -$172519.5, and $140.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 2.10 Bn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn 13.02 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 19.00 Mn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn 3.34 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 202.10 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn 16.23 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 46.50 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 966.20 Mn
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 381,000.00

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 136.28 Mn
Dec 31, 2023 136.28 Mn