Wheaton Precious Metals (WPM) Operating Income (2009 - 2026)
Wheaton Precious Metals (WPM) posted quarterly Operating Income of $674.8 million for Q1 2026, up 132.14% YoY from $290.7 million in Q1 2025, and up 324445.6% sequentially from -$208047.5 in Q4 2025.
Wheaton Precious Metals (WPM) Operating Income (2009 - 2026) Analysis & Trends
Wheaton Precious Metals has disclosed Operating Income across 18 years of filings, most recently posting $674.8 million for Q1 2026.
- In Q1 2026, Operating Income rose 132.14% year-over-year to $674.8 million; the TTM figure through Mar 2026 stood at $1.3 billion (up 107.6% YoY), while the FY2025 annual figure was $1.6 billion, up 154.76% from the prior year.
- Operating Income climbed to $674.8 million in Q1 2026, from -$208047.5 in the prior quarter.
- Over the last five years, Operating Income for WPM reached as high as $674.8 million in Q1 2026 and fell as low as -$208047.5 in Q4 2025.
- The 5-year median for Operating Income is $158.3 million (2024), against an average of $184.2 million.
- Annual changes were most pronounced in 2025 — Operating Income plunged 347.09% — and 2026, when it surged 132.14%.
- A 5-year view of Operating Income shows it stood at $99.7 million in 2022, then jumped by 59.71% to $159.2 million in 2023, then tumbled by 99.95% to $84198.9 in 2024, then sank by 347.09% to -$208047.5 in 2025, then surged by 324445.6% to $674.8 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $674.8 million, -$208047.5, and $315.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 3.04 Bn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 28.06 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 4.45 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 108.09 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 674.79 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 18.42 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 517.10 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 1.34 Bn |
| 10 | Pan American Silver | 18.70 Bn | 17.09 Bn | 608,000.00 | 643,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 674.79 Mn |
| Dec 31, 2025 | -208,047.53 |
| Sep 30, 2025 | 315.51 Mn |
| Jun 30, 2025 | 329.70 Mn |
| Mar 31, 2025 | 290.68 Mn |
| Dec 31, 2024 | 84,198.89 |
| Sep 30, 2024 | 175.95 Mn |
| Jun 30, 2024 | 169.01 Mn |
| Mar 31, 2024 | 158.26 Mn |
| Dec 31, 2023 | 159.21 Mn |
| Sep 30, 2023 | 112.22 Mn |
| Jun 30, 2023 | 135.22 Mn |
| Mar 31, 2023 | 98.63 Mn |
| Dec 31, 2022 | 99.69 Mn |
| Sep 30, 2022 | 102.64 Mn |
| Jun 30, 2022 | 149.84 Mn |
| Mar 31, 2022 | 159.73 Mn |
| Dec 31, 2021 | 290.43 Mn |
| Sep 30, 2021 | 137.86 Mn |
| Jun 30, 2021 | 163.18 Mn |