Wheaton Precious Metals Announces Record Revenue, Earnings and Cash Flow for the First Quarter of 2026
News provided by Wheaton Precious Metals Corp. May 07, 2026, 17:00 ET Share this article Share to X Share this article Share to X FIRST QUARTER FINANCIAL RESULTS VANCOUVER, BC , May 7, 2026 /PRNewswire/ - "Wheaton delivered a strong start to 2026, with Salobo and Peñasquito outperforming expectations and contributing to record quarterly revenue, earnings and cash flow," said Haytham Hodaly, President and Chief Executive Officer of Wheaton Precious Metals. "During the first quarter, we announced our largest streaming transaction to date at Antamina in partnership with BHP and subsequently entered into our first streaming agreement in Australia with KGL Resources. These transactions expand our geographic footprint and broaden our counterparty base, while further demonstrating the flexibility of the streaming model as a means of unlocking value from non-core precious metals.
Supported by a high-quality operating asset base and an industry-leading growth profile, Wheaton is well positioned to continue pursuing accretive growth and delivering long-term value for all stakeholders." Record Financial Performance and Strong Balance Sheet First quarter of 2026: A record $901 million in revenue, a record $582 million in net earnings, a record $583 million in adjusted net earnings, and a record $766 million in operating cash flow. Declared a quarterly dividend 1 of $0.195 per common share, an 18% increase from Q1 2025. Balance Sheet: Cash balance of $2.2 billion.
High Quality Asset Base Streaming and royalty agreements on 22 operating mines and 26 development and other projects 5 . 80% of attributable production from assets in the lowest half of their respective cost curves 2,4 . Delivered attributable gold equivalent production 3 ("GEOs") of 212,000 ounces in the first quarter of 2026, a 22% increase relative to the comparable period of the prior year primarily due to increas