Quarterly ResultAug 7, 2026, 06:09 AM
Wheaton Precious Metals Reports Record Q2 & YTD Financials
AI Summary
Wheaton Precious Metals Corp. announced record financial results for the second quarter and first half of 2026, driven by strong production and higher commodity prices. The company reported Q2 revenue of $929 million, net earnings of $543 million, and operating cash flow of $650 million. Year-to-date figures also reached new highs, with $1.8 billion in revenue, $1.1 billion in net earnings, and $1.4 billion in operating cash flow. Additionally, Wheaton enhanced its financial flexibility by upsizing its Revolving Credit Facility and continued its growth strategy with new streaming and royalty agreements.
Key Highlights
- Q2 2026 revenue reached a record $929 million, an 84.7% increase year-over-year.
- Q2 2026 net earnings were a record $543 million, up 85.9% from the prior year.
- Q2 2026 operating cash flow hit a record $650 million, a 56.5% increase year-over-year.
- Year-to-date 2026 revenue was a record $1.8 billion, with net earnings of $1.1 billion and operating cash flow of $1.4 billion.
- Declared a quarterly dividend of $0.195 per common share.
- Upsized Revolving Credit Facility by $500 million to $2.5 billion, extending maturity to June 30, 2031.
- Attributable gold equivalent production (GEOs) increased 6% to 202,200 ounces in Q2 2026.
- Entered new PMPA with KGL Resources and royalty agreements with Spanish Mountain Gold and Cipango Limited.
Price Impact
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