Endeavour Silver Corp. (EXK) Income Statement
EXK 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsEXK revenue and net income
Where EXK's revenue goes
2025Each bar shows an amount and its share of revenue. EXK kept −25.9% of revenue as net income.
EXK profit margins
EXK growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +115.2% | +30.6% | +27.6% | +9.8% |
| Gross profit | +22.6% | +0.0% | +13.5% | +11.9% |
| Operating income | +239.5% | +6.4% | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
EXK quarterly EPS vs estimates
Endeavour Silver beat the analyst EPS estimate in 4 of the last 8 quarters. Next report: November 6, 2026 (estimate $0.09).
EXK income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $468.5M | $217.6M | $205.5M | $210.2M | $165.3M | $138.5M | $121.7M | $150.5M | $150.5M | $156.8M |
| Cost of revenue | $416.9M | $175.6M | $168.9M | $158.6M | $129.0M | $111.1M | $139.1M | $147.0M | $122.0M | $117.9M |
| Gross profit | $51.6M | $42.1M | $36.6M | $51.5M | $36.4M | $27.3M | −$17.4M | $3.5M | $28.5M | $38.9M |
| Sales, general & admin | $19.3M | $13.8M | $27.1M | $15.0M | $9.9M | $12.5M | $9.7M | $8.6M | $7.6M | $9.0M |
| Total operating expenses | $23.3M | $33.7M | $27.9M | $28.1M | $14.1M | $28.1M | $22.2M | $21.0M | $20.9M | $19.7M |
| Operating income | $28.3M | $8.3M | $8.7M | $23.5M | $22.2M | −$793,000 | −$43.9M | −$17.5M | $7.7M | $19.2M |
| Interest income | $139.4M | $29.7M | $3.1M | $508,000 | $1.6M | $178,000 | $286,000 | $845,000 | $306,000 | $6.4M |
| Interest expense | $13.5M | $889,000 | $822,000 | $790,000 | $723,000 | $1.0M | $394,000 | $211,000 | $651,620 | $1.1M |
| Income before taxes | −$106.7M | −$22.0M | $18.3M | $24.9M | $29.7M | −$1.1M | −$44.0M | −$17.7M | $7.9M | $12.3M |
| Income taxes | $14.4M | $9.5M | $12.1M | $18.7M | $15.7M | −$2.2M | $4.1M | −$5.3M | −$1.8M | $8.4M |
| Net income | −$121.2M | −$31.5M | $6.1M | $6.2M | $14.0M | $1.2M | −$48.1M | −$12.4M | $9.7M | $3.9M |
| EBITDA | −$93.2M | $10.0M | $47.9M | $51.8M | $54.9M | $28.7M | −$11.6M | $22.0M | $24.6M | $27.5M |
| EPS (diluted) | −$0.15 | −$0.04 | $0.03 | $0.07 | −$0.05 | $0.01 | −$0.32 | −$0.09 | $0.08 | $0.03 |
| Gross margin | 11.0% | 19.3% | 17.8% | 24.5% | 22.0% | 19.7% | −14.3% | 2.3% | 18.9% | 24.8% |
| Operating margin | 6.0% | 3.8% | 4.2% | 11.2% | 13.4% | −0.6% | −36.1% | −11.6% | 5.1% | 12.3% |
| Net margin | −25.9% | −14.5% | 3.0% | 3.0% | 8.4% | 0.8% | −39.5% | −8.3% | 6.4% | 2.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $214.0M | $209.7M | $174.3M | $135.8M | $88.6M | $63.5M | $42.2M | $53.4M | $58.3M | $63.7M | $50.5M | $49.4M |
| Cost of revenue | $141.2M | $116.4M | $135.2M | $133.3M | $80.9M | $50.7M | $34.5M | $41.0M | $48.1M | $52.1M | $45.1M | $46.7M |
| Gross profit | $72.8M | $93.3M | $39.1M | $2.4M | $7.7M | $12.8M | $7.7M | $12.5M | $10.2M | $11.7M | $5.4M | $2.7M |
| Sales, general & admin | $2.8M | $4.6M | $4.8M | $6.4M | $7.5M | $4.2M | $1.8M | $3.9M | $4.1M | $4.0M | $8.4M | $2.3M |
| Total operating expenses | −$1.5M | $9.6M | $4.0M | $6.9M | $12.5M | $8.8M | $8.2M | $8.7M | $8.5M | $8.3M | $5.2M | $6.5M |
| Operating income | $74.3M | $83.7M | $35.1M | −$4.5M | −$4.8M | $4.0M | −$471,000 | $3.8M | $1.7M | $3.3M | $187,000 | −$3.8M |
| Interest income | — | — | $59.7M | $39.3M | $9.8M | $31.9M | $1.2M | $17.1M | — | — | — | $2.4M |
| Interest expense | $5.3M | $5.8M | $11.8M | $676,417 | $1.1M | $417,000 | $211,000 | $509,000 | $277,000 | $314,000 | $168,532 | $316,000 |
| Income before taxes | $77.5M | $85.9M | −$25.4M | −$37.0M | −$14.6M | −$27.8M | −$1.6M | −$13.3M | −$11.3M | $4.2M | $712,000 | $810,000 |
| Income taxes | $12.7M | $21.0M | −$1.3M | $4.4M | $5.9M | $5.1M | −$2.7M | $4.0M | $2.7M | $5.4M | −$2.3M | $3.1M |
| Net income | $64.8M | $64.9M | −$24.1M | −$41.5M | −$20.5M | −$32.9M | $1.0M | −$17.3M | −$14.0M | −$1.2M | $3.0M | −$2.3M |
| EBITDA | $99.7M | $113.0M | $12.2M | −$12.3M | $1.8M | −$17.9M | $3.9M | −$5.4M | −$2.1M | $13.7M | $6.6M | $10.2M |
| EPS (diluted) | $0.15 | $0.21 | $0.02 | −$0.01 | −$0.03 | −$0.13 | $0.02 | $0.01 | −$0.06 | −$0.01 | $0.01 | −$0.04 |
| Gross margin | 34.0% | 44.5% | 22.5% | 1.8% | 8.7% | 20.2% | 18.3% | 23.4% | 17.5% | 18.3% | 10.6% | 5.4% |
| Operating margin | 34.7% | 39.9% | 20.1% | −3.3% | −5.4% | 6.3% | −1.1% | 7.1% | 2.9% | 5.2% | 0.4% | −7.7% |
| Net margin | 30.3% | 30.9% | −13.9% | −30.6% | −23.1% | −51.8% | 2.4% | −32.4% | −24.0% | −1.9% | 6.0% | −4.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in EXK's financial statements (latest annual report filed March 30, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
EXK financial results
In fiscal year 2025 (ended December 31, 2025), Endeavour Silver reported revenue of $468.5 million, up 115.2% from the year before. It had a net loss of $121.2 million, a net profit margin of −25.9%. Diluted earnings per share came to −$0.15. Over five years revenue grew at an average rate of 27.6% a year.
See the EXK stock overview for the latest quote and news, or the EXK chart for price history and technical indicators.
EXK income statement FAQ
What is Endeavour Silver's annual revenue?
Endeavour Silver reported total revenue of $468.5 million for fiscal year 2025, which ended on December 31, 2025. That was up 115.2% from $217.6 million the previous year.
Is Endeavour Silver profitable?
No. Endeavour Silver reported a net loss of $121.2 million in fiscal 2025, a net profit margin of −25.9%; its operating margin was 6.0%.
What is Endeavour Silver's gross margin?
Endeavour Silver's gross margin was 11.0% in fiscal 2025: for every $100 of revenue, Endeavour Silver kept $11 after the direct cost of its products and services.
How fast is Endeavour Silver growing?
Revenue grew 27.6% a year on average over the last five fiscal years, from $138.5 million to $468.5 million.
What are Endeavour Silver's earnings per share?
Endeavour Silver earned $-0.15 per diluted share in fiscal 2025, compared with $-0.04 a year earlier.
When will Endeavour Silver report its next earnings?
Endeavour Silver is expected to report results for the quarter ending September 30, 2026 on November 6, 2026.
When does Endeavour Silver's fiscal year end?
Endeavour Silver's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 30, 2026.