HECLA MINING COHLEarnings & Financial Report
Hecla Mining is a leading U.S.-based precious and base metals mining firm. Core products include silver, gold, lead and zinc, with operating assets across North America. It supplies raw materials to global jewelry manufacturing, industrial production, and renewable energy segments, and is a top domestic primary silver producer.
Revenue
$245.1M
Gross Profit
$59.3M
Operating Profit
$22.5M
Net Profit
$1.8M
Gross Margin
24.2%
Operating Margin
9.2%
Net Margin
0.7%
YoY Growth
34.7%
EPS
$0.00
HECLA MINING CO Q3 FY2024 Financial Summary
HECLA MINING CO reported revenue of $245.1M (up 34.7% YoY) for Q3 FY2024, with a net profit of $1.8M (up 107.9% YoY) (0.7% margin). Cost of goods sold was $185.8M, operating expenses totaled $36.8M.
Key Financial Metrics
| Total Revenue | $245.1M |
|---|---|
| Net Profit | $1.8M |
| Gross Margin | 24.2% |
| Operating Margin | 9.2% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
HECLA MINING CO Q3 FY2024 revenue of $245.1M breaks down across 6 segments, led by Silver Contracts at $109.8M (44.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Silver Contracts | $109.8M | 44.8% |
| Lucky Friday | $51.1M | 20.8% |
| Zinc | $37.3M | 15.2% |
| Lead | $21.6M | 8.8% |
| Keno Hill | $19.8M | 8.1% |
| Environmental Remediation Services | $7.3M | 3.0% |
HECLA MINING CO Revenue by Segment — Quarterly Trend
HECLA MINING CO revenue by segment across the last 4 reported quarters, showing how each business line (such as Silver Contracts and Lucky Friday) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Silver Contracts | $258.5M | — | $122.7M | — |
| Zinc | $30.3M | $37.4M | $31.1M | $33.1M |
| Lead | $23.3M | $24.4M | $21.5M | $22.1M |
| Keno Hill | — | — | — | $1.0M |
HECLA MINING CO Annual Revenue by Year
HECLA MINING CO annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.4B |
| 2024 | $929.9M |
| 2023 | $720.2M |
| 2022 | $718.9M |
HECLA MINING CO Quarterly Revenue & Net Profit History
HECLA MINING CO results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $448.1M | +79.5% | $134.4M | 30.0% |
| Q3 FY2025 | $409.5M | +67.1% | $100.7M | 24.6% |
| Q2 FY2025 | $304.0M | +23.8% | $57.7M | 19.0% |
| Q1 FY2025 | $261.3M | +37.9% | $28.9M | 11.0% |
| Q4 FY2024 | $249.7M | +55.4% | $11.9M | 4.8% |
| Q3 FY2024 | $245.1M | +34.7% | $1.8M | 0.7% |
| Q2 FY2024 | $245.7M | +37.9% | $27.9M | 11.3% |
| Q1 FY2024 | $189.5M | -5.0% | $-5.8M | -3.0% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $189.5M | $245.7M | $245.1M | $249.7M | $261.3M | $304.0M | $409.5M | $448.1M |
| YoY Growth | -5.0% | 37.9% | 34.7% | 55.4% | 37.9% | 23.8% | 67.1% | 79.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.99B | $2.94B | $2.96B | $2.98B | $3.02B | $3.31B | $3.22B | $3.56B |
| Liabilities | $1.04B | $959.7M | $917.4M | $941.5M | $949.6M | $999.3M | $772.2M | $969.0M |
| Equity | $1.96B | $1.98B | $2.04B | $2.04B | $2.07B | $2.31B | $2.45B | $2.59B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $17.1M | $78.7M | $55.0M | $67.5M | $35.7M | $161.8M | $148.0M | $217.1M |