Wheaton Precious Metals Reports Record Q1 Revenue, Earnings and Cash Flow

Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) announced record first-quarter 2026 financial results, with revenue reaching $901 million, net earnings of $582 million, adjusted net earnings of $583 million, and operating cash flow of $766 million. The strong performance was driven by better-than-expected contributions from the Salobo and Peñasquito mines, underscoring the resilience and profitability of Wheaton's streaming business model.

The company delivered 212,000 attributable gold equivalent ounces (GEOs) in the quarter, a 22% increase compared to the same period last year. This growth reflects the successful execution of Wheaton's strategy to acquire high-quality, long-life assets. In response to the strong results, the board of directors increased the quarterly dividend by 18% to $0.195 per common share, marking the company's commitment to returning value to shareholders.

Wheaton ended the quarter with a robust cash balance of $2.2 billion, providing significant financial flexibility to pursue new opportunities. During the quarter, the company advanced its growth pipeline by entering into new streaming and royalty agreements in Peru, Australia, and Canada, further diversifying its portfolio and positioning for future production increases.

As the world's premier precious metals streaming company, Wheaton offers investors exposure to commodity prices and exploration upside with a lower risk profile compared to traditional mining companies. The company's high cash operating margins enable it to pay a competitive dividend and continue growing through accretive acquisitions. Wheaton is also committed to strong environmental, social, and governance (ESG) practices, contributing to the communities where it and its mining partners operate.

For more details on the full press release, visit https://ibn.fm/yYJ8m. Additional news and updates regarding Wheaton Precious Metals are available in the company's newsroom at https://ibn.fm/WPM.