Wheaton Precious Metals (WPM) financials
Wheaton Precious Metals revenue and earnings by year
Wheaton Precious Metals's revenue was $2.31 billion in the fiscal year to December 31, 2025, up 80.2% from the year before. Net income was $1.47 billion, 63.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 11.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.31 | 1.28 | 1.02 | 1.07 | 1.20 | 1.10 | 0.86 | 0.79 | 0.84 | 0.89 |
| Revenue growth | 80.2% | 26.4% | -4.6% | -11.4% | 9.6% | 27.3% | 8.5% | -5.8% | -5.4% | — |
| Gross profit | 1.67 | 0.80 | 0.57 | 0.57 | 0.66 | 0.59 | 0.35 | 0.30 | 0.34 | 0.33 |
| Gross margin | 72.2% | 62.5% | 56.4% | 53.1% | 54.8% | 53.4% | 40.2% | 37.3% | 40.0% | 36.8% |
| Operating income | 1.58 | 0.62 | 0.51 | 0.51 | 0.75 | 0.52 | 0.13 | 0.49 | 0.07 | 0.22 |
| Operating margin | 68.3% | 48.3% | 49.7% | 48.1% | 62.8% | 47.4% | 14.6% | 61.7% | 8.7% | 24.5% |
| Net income | 1.47 | 0.53 | 0.54 | 0.67 | 0.75 | 0.51 | 0.09 | 0.43 | 0.06 | 0.20 |
| Net margin | 63.6% | 41.2% | 52.9% | 62.8% | 62.8% | 46.3% | 10.0% | 53.8% | 6.8% | 21.9% |
| Diluted EPS | $3.24 | $1.17 | $1.19 | $1.48 | $1.67 | $1.13 | $0.19 | $0.96 | $0.13 | $0.45 |
| Free cash flow | 0.67 | 0.39 | 0.13 | 0.72 | 0.32 | 0.76 | 0.49 | -0.42 | 0.54 | 0.58 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open WPM in Markets.
See also: WPM valuation and P/E history · WPM returns
No forecast, no recommendation. This page describes Wheaton Precious Metals from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.