Wheaton Precious Metals Corp. (WPM) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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WPM Revenue Growth
Revenue Breakdown
WPM's revenue distribution by segment and geography
By Geography
WPM Revenue Analysis (2014–2025)
As of May 6, 2026, Wheaton Precious Metals Corp. (WPM) generated trailing twelve-month (TTM) revenue of $2.33 billion, reflecting explosive growth of +130.7% year-over-year. The most recent quarter (Q4 2025) recorded $878.0 million in revenue, up 84.4% sequentially.
Looking at the longer-term picture, WPM's 5-year compound annual growth rate (CAGR) stands at +16.5%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $2.36 billion in 2025, representing a new all-time high.
When compared to Basic Materials sector peers including RGLD (+43.9% YoY), FNV (+64.4% YoY), and OR (+53.1% YoY), WPM has outperformed the peer group in terms of revenue growth. Compare WPM vs RGLD →
WPM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WPMCurrent | $2.3B | +130.7% | +16.5% | 68.8% | |
 RGLD | $1.0B | +43.9% | +10.8% | 61.9% | |
 FNV | $1.9B | +64.4% | +11.7% | 71.0% | |
 OR | $387M | +53.1% | +12.6% | 72.9% | |
 NEM | $22.1B | -11.7% | +14.1% | 46.9% | |
 AEM | $11.9B | +44.2% | +29.2% | 53.1% |
WPM Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $2.36B | +83.3% | $1.70B | 72.2% | $1.62B | 68.8% |
| 2024 | $1.28B | +26.4% | $802.6M | 62.5% | $620.8M | 48.3% |
| 2023 | $1.02B | -4.6% | $573.4M | 56.4% | $505.3M | 49.7% |
| 2022 | $1.07B | -11.4% | $565.5M | 53.1% | $511.9M | 48.1% |
| 2021 | $1.20B | +9.6% | $658.9M | 54.8% | $754.7M | 62.8% |
| 2020 | $1.10B | +27.3% | $585.6M | 53.4% | $519.9M | 47.4% |
| 2019 | $861.3M | +8.5% | $602.8M | 70.0% | $125.5M | 14.6% |
| 2018 | $794.0M | -5.8% | $295.9M | 37.3% | $244.3M | 30.8% |
| 2017 | $843.2M | -5.4% | $337.0M | 40.0% | $73.7M | 8.7% |
| 2016 | $891.6M | +37.4% | $328.4M | 36.8% | $294.0M | 33.0% |
Full WPM Stock Analysis
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Start ComparisonWPM — Frequently Asked Questions
Quick answers to the most common questions about buying WPM stock.
Is WPM's revenue growth accelerating or slowing?
WPM revenue is accelerating at +130.7% year-over-year, exceeding the 5-year CAGR of +16.5%. TTM revenue reached $2.3B. Growth momentum has increased versus prior periods.
What is WPM's long-term revenue growth rate?
Wheaton Precious Metals Corp.'s 5-year revenue CAGR of +16.5% reflects the sustained expansion pattern. Current YoY growth of +130.7% is above this long-term average.
How is WPM's revenue distributed by segment?
WPM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.