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. The strong performance was driven by better-than-expected output from the Salobo and Peñasquito mines. The company delivered 212,000 attributable gold equivalent ounces, a 22% increase from the prior-year period.
Wheaton also increased its quarterly dividend by 18% to $0.195 per common share and ended the quarter with a cash balance of $2.2 billion. Additionally, the company advanced growth through new streaming and royalty agreements in Peru, Australia, and Canada.
Wheaton Precious Metals is the world's premier precious metals streaming company, offering investors leverage to commodity prices with a lower risk profile than traditional mining. The company boasts among the highest cash operating margins in the industry, enabling a competitive dividend and accretive acquisitions.
The record results underscore the strength of Wheaton's business model, which provides exposure to precious metals without the operational risks of mining. For leaders in business and technology, this performance highlights the value of streaming companies in a portfolio, as they can deliver robust cash flows and dividends while maintaining low costs.
For more details, the full press release is available at https://ibn.fm/yYJ8m. The latest news and updates on Wheaton Precious Metals can be found in the company's newsroom at https://ibn.fm/WPM.
