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Hecla Mining HL Operating Income

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Other financials

Income statement

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Revenue$411.4M+100%
Gross profit$253.3M+269%
Net income-$19.0M-166%
EPS (diluted)-$0.03-160%

Balance sheet

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Cash & equivalents$587.6M+2,382%
Total debt$285.7M-51.6%
Total equity$2.6B+24.0%
Total assets$3.4B+11.7%

Cash flow

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Operating cash flow$194.2M+444%
CapEx$39.3M+3.8%
Free cash flow$155.0M+7,480%

Valuation

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Market cap$11.11B+187%
Enterprise value$10.81B+160%
P/E40.6×+2.0×
P/S7.1×+3.2×

Profitability

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Gross margin50.9%+24.8pp
Operating margin43.6%+27.9pp
Net margin17.4%+10.0pp
FCF margin29.7%+26.3pp

Returns & leverage

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Return on equity11.8%+8.3pp
Debt / equity0.1×-0.2×
Current ratio4.9×+3.5×

Where this comes from

Reported directly by Hecla Mining in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The source filing: Hecla Mining’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 5:23 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-206810
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Provision for closed operations and environmental matters1,297790
Other operating expense, net5,236868
Total other operating expenses30,14821,276
Income from continuing operations223,10747,405
Other expense:
Interest expense(5,656)(11,392)
Fair value adjustments, net(5,945)3,388
Net foreign exchange gain (loss)498(367)

Item 1. Financial Statements

FAQ

What is Hecla Mining's operating income?
Hecla Mining (HL) reported operating income of $223.11M in Q1 2026.
How has Hecla Mining's operating income changed year-over-year?
Hecla Mining's operating income increased by 370.6% year-over-year, from $47.41M to $223.11M.
What is the long-term trend for Hecla Mining's operating income?
Over 4 years (2021 to 2025), Hecla Mining's operating income has grown at a 57.2% compound annual growth rate (CAGR), from $83.42M to $509.85M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

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