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
$409.5M
Gross Profit
$180.5M
Operating Profit
$148.6M
Net Profit
$100.7M
Gross Margin
44.1%
Operating Margin
36.3%
Net Margin
24.6%
YoY Growth
67.1%
EPS
$0.15
HECLA MINING CO Q3 FY2025 Financial Summary
HECLA MINING CO reported revenue of $409.5M (up 67.1% YoY) for Q3 FY2025, with a net profit of $100.7M (up 5619.8% YoY) (24.6% margin). Cost of goods sold was $229.1M, operating expenses totaled $31.8M.
Key Financial Metrics
| Total Revenue | $409.5M |
|---|---|
| Net Profit | $100.7M |
| Gross Margin | 44.1% |
| Operating Margin | 36.3% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
HECLA MINING CO Q3 FY2025 revenue of $409.5M breaks down across 6 segments, led by Reconciliation Of Sales at $178.1M (43.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Reconciliation Of Sales | $178.1M | 43.5% |
| Gold | $144.0M | 35.2% |
| Zinc | $37.4M | 9.1% |
| Lead | $24.4M | 6.0% |
| Environmental Remediation Services | $16.2M | 4.0% |
| Elimination Of Intersegment Sales | $1.9M | 0.5% |
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 Reconciliation Of Sales and Gold) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Reconciliation Of Sales | — | $178.1M | — | $118.1M |
| Gold | $129.2M | $144.0M | $123.7M | $87.2M |
| Zinc | $30.3M | $37.4M | $31.1M | $33.1M |
| Lead | $23.3M | $24.4M | $21.5M | $22.1M |
| Environmental Remediation Services | $9.2M | $16.2M | $6.6M | — |
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 |