Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) reported record first-quarter 2026 financial results, with revenue of $901 million, net earnings of $582 million, adjusted net earnings of $583 million and operating cash flow of $766 million, driven by stronger-than-expected performance from Salobo and Peñasquito. The company delivered 212,000 attributable gold equivalent ounces, up 22% from the prior-year period, increased its quarterly dividend 18% to $0.195 per common share and ended the quarter with a cash balance of $2.2 billion, while also advancing growth through new streaming and royalty agreements in Peru, Australia and Canada.
The record results highlight the strength of Wheaton's business model, which provides leverage to commodity prices and exploration upside with a lower risk profile than traditional mining companies. The company's high cash operating margins enable competitive dividends and accretive acquisitions. Wheaton's growth strategy includes expanding its portfolio through new streaming and royalty deals. For the full press release, visit https://ibn.fm/yYJ8m.
Wheaton Precious Metals is the world's premier precious metals streaming company with the highest-quality portfolio of long-life, low-cost assets. Its business model offers investors leverage to commodity prices and exploration upside but with a much lower risk profile than a traditional mining company. Wheaton delivers amongst the highest cash operating margins in the mining industry, allowing it to pay a competitive dividend and continue to grow through accretive acquisitions. Wheaton is committed to strong ESG practices and giving back to the communities where Wheaton and its mining partners operate. Wheaton creates sustainable value through streaming. For the latest news and updates relating to WPM, visit the company's newsroom at https://ibn.fm/WPM.
