Santacruz Silver Mining Ltd. (SCZM) Income Statement
SCZM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsSCZM revenue and net income
Where SCZM's revenue goes
2025Each bar shows an amount and its share of revenue. SCZM kept 12.9% of revenue as net income.
SCZM profit margins
SCZM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +21.2% | +6.8% | +56.4% | +45.0% |
| Gross profit | +108.1% | +77.5% | +156.4% | — |
| Operating income | +157.3% | — | — | — |
| Net income | −73.0% | — | — | — |
| EPS (diluted) | −54.8% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
SCZM quarterly EPS vs estimates
Santacruz Silver Mining Ltd. beat the analyst EPS estimate in 2 of the last 5 quarters. Next report: November 13, 2026 (estimate $0.32).
SCZM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $326.4M | $269.4M | $255.9M | $267.6M | $52.9M | $34.8M | $29.8M | $12.5M | $11.8M | $11.7M |
| Cost of revenue | $217.0M | $216.8M | $230.8M | $248.0M | $43.1M | $33.9M | $31.6M | $16.4M | $17.2M | $11.8M |
| Gross profit | $109.4M | $52.6M | $25.1M | $19.6M | $9.7M | $986,498 | −$1.8M | −$3.9M | −$5.4M | −$91,881 |
| Sales, general & admin | $17.7M | $19.3M | $21.0M | $18.9M | $17.1M | — | — | — | — | — |
| Total operating expenses | $26.5M | $20.4M | $23.9M | $20.7M | $16.9M | $7.5M | $4.7M | $1.5M | $1.9M | $2.0M |
| Operating income | $82.9M | $32.2M | $1.1M | −$1.1M | −$7.2M | −$6.5M | −$6.5M | −$5.4M | −$7.3M | −$2.1M |
| Interest income | $2.6M | $3.4M | $3.4M | $947,000 | $274,000 | — | — | — | — | — |
| Interest expense | $2.7M | $4.2M | $9.3M | $7.7M | $3.3M | $844,366 | $1.0M | $845,561 | $295,249 | $2.3M |
| Income before taxes | $74.7M | $182.8M | −$8.1M | −$13.4M | −$8.2M | −$1.5M | −$20.9M | −$4.0M | −$25.4M | −$18.6M |
| Income taxes | $32.5M | $26.2M | $3.2M | $4.3M | $3.3M | $96,860 | $41,953 | $387,193 | −$1.6M | −$277,620 |
| Net income | $42.2M | $156.6M | −$11.2M | −$17.8M | −$11.5M | −$1.6M | −$21.0M | −$4.4M | −$23.7M | −$18.3M |
| EBITDA | $91.8M | $207.6M | $28.8M | $8.9M | −$336,014 | $170,557 | −$18.6M | −$1.2M | −$22.8M | −$13.9M |
| EPS (diluted) | $0.84 | $1.86 | $0.19 | −$0.21 | −$0.13 | −$0.03 | −$0.48 | −$0.32 | −$0.65 | −$0.21 |
| Gross margin | 33.5% | 19.5% | 9.8% | 7.3% | 18.4% | 2.8% | −6.1% | −31.2% | −45.6% | −0.8% |
| Operating margin | 25.4% | 12.0% | 0.4% | −0.4% | −13.6% | −18.8% | −22.0% | −43.0% | −62.1% | −18.1% |
| Net margin | 12.9% | 58.1% | −4.4% | −6.6% | −21.7% | −4.5% | −70.7% | −35.3% | −201.0% | −156.7% |
| 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 | $110.6M | $127.5M | $104.4M | $79.1M | $74.5M | $70.1M | $79.4M | $78.9M | $70.5M | $52.4M | $59.2M | $63.6M |
| Cost of revenue | $61.5M | $84.7M | $64.3M | $59.8M | $48.8M | $42.7M | $54.2M | $63.5M | $54.6M | $52.4M | $50.0M | $56.7M |
| Gross profit | $49.1M | $42.9M | $40.1M | $19.3M | $25.7M | $27.4M | $25.1M | $15.4M | $15.9M | −$81,633 | $9.2M | $6.9M |
| Sales, general & admin | $4.4M | $5.9M | $4.6M | $5.3M | $4.5M | $3.4M | $4.9M | $5.6M | — | — | — | — |
| Total operating expenses | $3.4M | $9.0M | $6.6M | $6.8M | $5.4M | $4.6M | $4.2M | $6.6M | $6.1M | $4.2M | $2.5M | $7.6M |
| Operating income | $45.8M | $33.9M | $33.5M | $12.5M | $20.3M | $22.8M | $21.0M | $8.7M | $9.8M | −$4.3M | $6.7M | −$703,945 |
| Interest income | $3.5M | $377,000 | $684,000 | $836,000 | $291,000 | $316,000 | $2.3M | $372,000 | — | — | — | — |
| Interest expense | $1.2M | $903,000 | $1.0M | $806,953 | $919,912 | $383,836 | $526,000 | $1.2M | $1.4M | $2.0M | $3.4M | $3.1M |
| Income before taxes | $37.1M | $44.9M | $8.0M | $15.4M | $22.4M | $29.1M | $37.5M | $27.6M | $8.3M | $134.2M | $14.8M | −$568,685 |
| Income taxes | $35.2M | $16.4M | $12.6M | −$719,929 | $1.1M | $19.6M | $8.5M | $9.9M | $6.8M | $2.1M | −$2.0M | $3.7M |
| Net income | $2.0M | $28.5M | −$4.6M | $16.2M | $21.3M | $9.4M | $29.0M | $17.7M | $1.4M | $132.1M | $16.7M | −$4.2M |
| EBITDA | $54.1M | $53.8M | $14.8M | $22.7M | $28.9M | $34.4M | $38.2M | $35.0M | $16.6M | $139.9M | $25.4M | $7.8M |
| EPS (diluted) | $0.02 | $0.30 | $0.33 | $0.16 | $0.24 | $0.11 | $0.34 | $0.05 | $0.02 | $1.47 | $0.18 | −$0.05 |
| Gross margin | 44.4% | 33.6% | 38.4% | 24.4% | 34.5% | 39.1% | 31.7% | 19.5% | 22.5% | −0.2% | 15.5% | 10.9% |
| Operating margin | 41.4% | 26.6% | 32.1% | 15.8% | 27.2% | 32.5% | 26.4% | 11.1% | 13.9% | −8.2% | 11.3% | −1.1% |
| Net margin | 1.8% | 22.3% | −4.4% | 20.4% | 28.6% | 13.4% | 36.6% | 22.4% | 2.1% | 252.3% | 28.2% | −6.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in SCZM's financial statements (latest annual report filed December 31, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
SCZM financial results
In fiscal year 2025 (ended December 31, 2025), Santacruz Silver Mining Ltd. reported revenue of $326.4 million, up 21.2% from the year before. It had net income of $42.2 million (down 73.0%), a net profit margin of 12.9%. Diluted earnings per share came to $0.84. Over five years revenue grew at an average rate of 56.4% a year.
See the SCZM stock overview for the latest quote and news, or the SCZM chart for price history and technical indicators.
SCZM income statement FAQ
What is Santacruz Silver Mining Ltd.'s annual revenue?
Santacruz Silver Mining Ltd. reported total revenue of $326.4 million for fiscal year 2025, which ended on December 31, 2025. That was up 21.2% from $269.4 million the previous year.
Is Santacruz Silver Mining Ltd. profitable?
Yes. Santacruz Silver Mining Ltd. reported net income of $42.2 million in fiscal 2025, a net profit margin of 12.9%; its operating margin was 25.4%.
What is Santacruz Silver Mining Ltd.'s gross margin?
Santacruz Silver Mining Ltd.'s gross margin was 33.5% in fiscal 2025: for every $100 of revenue, Santacruz Silver Mining Ltd. kept $34 after the direct cost of its products and services.
How fast is Santacruz Silver Mining Ltd. growing?
Revenue grew 56.4% a year on average over the last five fiscal years, from $34.8 million to $326.4 million.
What are Santacruz Silver Mining Ltd.'s earnings per share?
Santacruz Silver Mining Ltd. earned $0.84 per diluted share in fiscal 2025, compared with $1.86 a year earlier.
When will Santacruz Silver Mining Ltd. report its next earnings?
Santacruz Silver Mining Ltd. is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Santacruz Silver Mining Ltd.'s fiscal year end?
Santacruz Silver Mining Ltd.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on December 31, 2025.