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PAAS
Pan American Silver Corp.Stock · Basic Materials
$47.31−$5.07 (-9.68%)as of market close, Aug 13, 2026
☾ After hours:$47.35+0.11%4:12 PM ET
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How Pan American Silver makes money

Period

How does Pan American Silver make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Pan American Silver Corp. · FY2025 · year ended 2025-12-31
Revenue$3.6BGross profit$1.4B · 39%Cost of revenue$2.2B · 61%Operating income$1.2B · 34%Operating expenses$172M · 5%Other opex$172M · 5%Net income$980M · 27%Income tax$258M · 7%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.