Wheaton Precious Metals Corp. (NYSE: WPM) (TSX: WPM) announced record financial results for the second quarter of 2026, with revenue surging 85% year-over-year to $929 million, net earnings up 86% to $543 million, and operating cash flow rising 57% to $650 million. The company attributed the strong performance to increased attributable production of 202,229 gold equivalent ounces (GEOs), up 6% from the prior year, driven by the acquisition of an expanded silver stream at Antamina and contributions from several growth assets.
The company also declared a quarterly dividend of $0.195 per share, increased its revolving credit facility to $2.5 billion, and ended the quarter with approximately $2.6 billion in available liquidity. These results reflect the resilience of Wheaton's streaming model, which provides investors with leverage to commodity prices and exploration upside while mitigating the operational risks typical of traditional mining.
Wheaton maintained its 2026 production guidance of 860,000 to 940,000 GEOs and reaffirmed its long-term outlook for annual production to grow about 50% to 1.2 million GEOs by 2030. During the quarter, the company expanded its portfolio through new streaming and royalty agreements covering the Jervois, Spanish Mountain, and Cipango projects. Concurrently, construction and development progress continued across multiple growth assets, including Platreef, Koné, Kurmuk, Mineral Park, and El Domo.
The record financial results and reaffirmed guidance signal strong momentum for Wheaton as it continues to execute its growth strategy. The company's ability to generate significant cash flow while expanding its portfolio underscores its position as the world's premier precious metals streaming company. With a focus on high-quality, long-life, low-cost assets, Wheaton delivers among the highest cash operating margins in the mining industry, enabling competitive dividends and accretive acquisitions.
Wheaton's commitment to strong ESG practices and community engagement remains integral to its business model. The company creates sustainable value through streaming, and its latest achievements highlight the effectiveness of this approach in a dynamic market environment.
For more information on Wheaton Precious Metals and its latest updates, visit the company's newsroom at https://ibn.fm/WPM.
