0001193125-26-055059
SEC filingHecla Mining Company (HL) delivered robust financial performance in FY 2025, reporting sales of $1.42B and gross profit of $622.2M, driven by strong production and favorable metal prices. Operating income reached $514.8M, reflecting efficient cost management with total cost of sales at $800.8M. Net income applicable to common stockholders was $321.2M, after $157.5M income and mining tax provision and $552K preferred dividends. Comprehensive income totaled $328.6M. Balance sheet strengthened with total assets of $3.56B, stockholders' equity of $2.59B, and cash and equivalents at $241.6M. Operating cash flow was exceptional at $562.6M, funding $252.4M in property, plant, and equipment additions. Net cash used in investing activities was $270.5M, while financing activities used $78.0M net, including $216.2M from common stock issuance and $427.2M debt repayments. Long-term debt stood at $268.6M with no current debt. This positions Hecla with strong liquidity and reduced leverage for future growth in mining operations.
Hecla Mining Company reported strong FY 2025 results with sales of $1.42B, up from prior periods though specific YoY figures not disclosed. Gross profit was $622.2M on total cost of sales $800.8M, including $640.8M cost of sales and other direct production costs plus $160.0M depreciation, depletion, and amortization. Income from operations hit $514.8M after $107.4M other operating expenses, featuring $57.6M general and administrative, $27.7M exploration, and $14.0M ramp-up costs. Other expenses netted -$35.6M, with $12.5M fair value adjustments offset by $41.6M interest. Income before taxes was $479.2M, reduced by $157.5M tax provision to net income of $321.7M ($321.2M to common stockholders after $552K preferred dividends). Comprehensive income was $328.6M including $6.9M other comprehensive income. Basic and diluted EPS were $0, with weighted average shares basic 652.0M and diluted 655.8M. No prior year comparisons provided in data.
Sales totaled $1.42B for FY 2025. No segment breakdown or geographic mix disclosed in the provided XBRL data or document content. Revenue drivers not specified beyond overall sales figure. Production costs indicate mining operations focus, but no detailed revenue by metal type or operation available.
Gross margin was 43.8% ($622.2M gross profit / $1.42B sales). Operating margin reached 36.2% ($514.8M / $1.42B sales), supported by controlled other operating expenses at $107.4M (7.6% of sales). No cost structure changes or prior period margin comparisons disclosed. Write-downs were $0, and other operating income netted -$165K benefit.
Net cash from operating activities was $562.6M, driven by $321.7M net income, $165.6M depreciation, $136.8M accounts receivable improvement, offset by -$130.5M deferred taxes. Investing used $270.5M, primarily $252.4M PP&E additions. Financing used $78.0M net, with $216.2M stock issuance, $427.2M debt repayments. Cash increased $214.7M to $241.6M plus $1.2M restricted. Total assets $3.56B, current assets $629.3M, properties net $2.84B. Liabilities $969.0M, current $231.6M, long-term debt $268.6M, no current debt. Equity $2.59B, accumulated deficit -$182.1M.
No management guidance, strategic priorities, or risk factors explicitly disclosed in the provided filing data.