Hecla Mining has undergone a dramatic transformation, with revenue surging 53% year-over-year in 2026Q2 to $333.9M and gross margins expanding to 64.9% from 39.3% a year earlier, driven by higher metal prices and byproduct credits.
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Revenue growth accelerated to 53% year-over-year in 2026Q2, with gross margin expanding to 64.9% from 39.3% a year earlier, though net income swung from -$19.0M in 2026Q1 to $117.7M in 2026Q2, indicating non-operating volatility.
Hecla Mining Company is the largest primary silver producer in the United States and Canada, with a strong position in the global precious metals sector.
With over 130 years of operating history, Hecla is the oldest precious metals mining company listed on the New York Stock Exchange in North America.
Hecla reported sales of US$411.43 million in Q1 2026, with record free cash flow from continuing operations and a debt-free balance sheet.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 3, 2026 | $0.22+54.0% vs $0.14 | $395M+16.1% vs $340M |
Q3 2026 Aug 4, 2026 | $0.17-4.6% vs $0.18 | $334M-9.5% vs $369M |
Q2 2026 May 5, 2026 | $0.24-11.1% vs $0.27 | $411M+0.9% vs $408M |
Q1 2026 Feb 17, 2026 | $0.19+16.6% vs $0.16 | $448M+11.8% vs $401M |
Hecla Mining NYSE: HL reported record operating and free cash flow in the third quarter of 2026, as shipments of silver concentrate from its Greens Creek mine helped lift revenue and the company built its cash balance to nearly $700 million.
Hecla Mining Company ( HL ) Q3 2026 Earnings Call November 4, 2026 10:00 AM EST Company Participants Michael Parkin - VP of Strategy & Investor Relations Robert Krcmarov - CEO, President & Director Brian Erickson Carlos Aguiar - Senior VP & COO Russell Lawlar - Senior VP & CFO Kurt Allen - Vice President of Exploration Patrick Malone - Vice President of Sustainability Conference Call Participants Harrison Reynolds - RBC Capital Markets, Research Division Wayne Lam - TD Cowen, Research Division Tosin Jaiyeola - Jefferies LLC, Research Division Cosmos Chiu - CIBC Capital Markets, Research Division Presentation Operator Hello, everyone. Thank you for joining us, and welcome to the Q3 2026 Hecla Mining Company Earnings Conference Call.
COEUR D'ALENE, Idaho--(BUSINESS WIRE)--Hecla Reports Third Quarter 2026 Results.
Hecla Mining (NYSE: HL - Get Free Report) is expected to be issuing its Q3 2026 results after the market closes on Tuesday, November 3rd. Analysts expect the company to announce earnings of $0.1429 per share and revenue of $340.10 million for the quarter. Parties can find conference call details on the company's upcoming Q3 2026
Benchmark HL against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Hecla Mining Company (HL)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $14.74 | $9.89B | 26.07 | 53.03% | 24.1% | 14.36% | 0.1% | |
| $41.17 | $17.35B | 10.88 | 30.63% | 35.23% | 21.57% | 1.13% | |
| $15.47 | $15.94B | 22.96 | 96.41% | 19.25% | 8.02% | — | |
| $7.84 | $2.32B | 40.02 | 115.25% | 8.73% | 10.49% | — | |
| $9.62 | $2.91B | 10.26 | -9.6% | 24.74% | 16.72% | — | |
| $120.91 | $127.4B | 13.75 | 22.16% | 35.05% | 26.32% | 0.83% |
Hecla Mining Company (HL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Hecla Mining Company (HL) SEC filings — annual & quarterly reports (10-K, 10-Q)
Aug 4, 2026·SEC
May 22, 2026·SEC
May 5, 2026·SEC
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Hecla Mining Company (HL) stock FAQ — growth, dividends, profitability & financials explained
Hecla Mining Company (HL) reported $1.59B in revenue over the trailing twelve months. Revenue was $1.42B in fiscal year 2025. That is 799% more than the $158.3M of fiscal year 1996.
Hecla Mining Company (HL) grew revenue by 29.7% over the trailing twelve months, compared with the twelve months before.
Yes. Hecla Mining Company (HL) earned $382.7M in net income over the trailing twelve months (a 24.1% net margin).
Yes. Hecla Mining Company (HL) pays a dividend that yields 0.10% at the current price, a small yield.
Hecla Mining Company (HL) had a return on equity (ROE) of 14.4% over the trailing twelve months. That is in line with the market's typical 10-15%.
Hecla Mining Company (HL) generated $576.7M in free cash flow over the trailing twelve months.
