Hecla Mining Company (HL) Financial Statements

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Hecla Mining financial statements at a glance

Hecla Mining reported revenue of $1.42 billion for fiscal year 2025 (ended December 31, 2025), up 53.0% from fiscal year 2024. Net income was $321.71 million, a net margin of 22.6%.

At the end of fiscal year 2025 it had total assets of $3.56 billion, total liabilities of $969.00 million and shareholders' equity of $2.59 billion, with total debt of $275.80 million.

Its operations brought in $562.64 million of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Hecla Mining Company

HLUnited States
Non-Energy Raw Materials
USD (Local)

Income Statement

Annual • USD

Revenue
1.42B
Prev Year: 929.92M
YoY: +53.0%
Total Revenue
-
Cost of Revenue
800.82M
Prev Year: 731.72M
YoY: +9.4%
Gross Profit
622.20M
Prev Year: 198.21M
YoY: +213.9%
Research and Development
-
SG&A Expenses
57.63M
Prev Year: 45.41M
YoY: +26.9%
Operating Expense
-
R&D Expense
27.75M
Prev Year: 27.32M
YoY: +1.6%
Other Operating Expenses, Total
8.03M
Prev Year: 11.33M
YoY: -29.1%
Net Non Operating Interest Income Expense
-
Operating Expenses
908.22M
Prev Year: 823.65M
YoY: +10.3%
Pre-tax Income
-
Operating Income
514.79M
Prev Year: 106.28M
YoY: +384.4%
Interest Inc.(Exp.),Net-Non-Op., Total
-34.99M
Prev Year: -45.19M
YoY: +22.6%
Net Income Common Stockholders
-
Other, Net
-626.0K
Prev Year: 5.13M
YoY: -112.2%
Diluted NI Available to Com Stockholders
-
Net Income Before Taxes
479.18M
Prev Year: 66.22M
YoY: +623.7%
Total Expenses
-
Provision for Income Taxes
157.47M
Prev Year: 30.41M
YoY: +417.7%
Net Income from Continuing and Discontinued Operation
-
Net Income After Taxes
321.71M
Prev Year: 35.80M
YoY: +798.6%
Normalized Income
-
Net Income Before Extra. Items
321.71M
Prev Year: 35.80M
YoY: +798.6%
Interest Expense
-
Net Income
321.71M
Prev Year: 35.80M
YoY: +798.6%
Net Interest Income
-
Total Adjustments to Net Income
-552.0K
Prev Year: -552.0K
YoY: 0.0%
EBIT
-
Income Available to Com Excl ExtraOrd
321.16M
Prev Year: 35.25M
YoY: +811.1%
EBITDA
-
Income Available to Com Incl ExtraOrd
321.16M
Prev Year: 35.25M
YoY: +811.1%
Reconciled Cost of Revenue
-
Diluted Net Income
321.16M
Prev Year: 35.25M
YoY: +811.1%
Reconciled Depreciation
-
Diluted Weighted Average Shares
655.77M
Prev Year: 622.53M
YoY: +5.3%
Net Income from Continuing Operation Net Minority Interest
-
Diluted EPS Excluding ExtraOrd Items
0.49
Prev Year: 0.057
YoY: +765.0%
Total Unusual Items Excluding Goodwill
-
DPS - Common Stock Primary Issue
0.015
Prev Year: 0.038
YoY: -60.0%
Total Unusual Items
-
Diluted Normalized EPS
0.511
Prev Year: 0.092
YoY: +456.4%
Normalized EBITDA
-
Unusual Expense (Income)
14.01M
Prev Year: 7.88M
YoY: +77.7%
Tax Rate for Calcs
-
Values in USD

Hecla Mining key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$1.4B$929.9M$720.2M$718.9M$807.5M
Gross profit$622.2M$198.2M$112.9M$116.2M$217.8M
Operating income$514.8M$106.3M-$44.7M-$12.4M$121.0M
Net income$321.7M$35.8M-$84.2M-$37.3M$34.5M
Diluted EPS––––$0.00
Total assets$3.6B$3.0B$3.0B$2.9B$2.7B
Total liabilities$969.0M$941.5M$1.0B$948.2M$968.0M
Shareholders' equity$2.6B$2.0B$2.0B$2.0B$1.8B
Cash––––$210.0M
Total debt$275.8M$550.7M$662.8M$527.2M$521.5M
Operating cash flow$562.6M$218.3M$75.5M$89.9M$220.3M
Capital spending––––$109.9M
Free cash flow––––$110.4M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Hecla Mining's revenue in fiscal year 2025?

$1.42 billion, up 53.0% from $929.93 million in fiscal year 2024.

How much profit does Hecla Mining make?

Hecla Mining reported net income of $321.71 million for fiscal year 2025 (22.6% of revenue); operating income was $514.80 million.

How much cash and debt does Hecla Mining have?

At the end of fiscal year 2025: total debt of $275.80 million.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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