What is the current annual gross margin of PAAS?

As of today, PAAS annual gross margin is 37.66%

What is 1-year change in PAAS annual gross margin?

PAAS annual gross margin is up +109.34% year-over-year

What is 3-year change in PAAS annual gross margin?

PAAS annual gross margin is up +3592.16% over the past 3 years

How far is PAAS annual gross margin from its all-time high?

PAAS annual gross margin is currently -15.54% below its historical high of 44.59% set on December 31, 2011

How does PAAS annual gross margin rank versus sector peers?

PAAS annual gross margin is higher than 74.04% of companies in Basic Materials sector

When is PAAS next annual earnings release?

The next annual earnings release for PAAS is on February 17, 2027

What is the current quarterly gross margin of PAAS?

As of today, PAAS quarterly gross margin is 36.08%

What is PAAS quarterly gross margin most recent change?

PAAS quarterly gross margin was down -8.24% on September 30, 2026

What is 1-year change in PAAS quarterly gross margin?

PAAS quarterly gross margin is up +2.50% year-over-year

How far is PAAS quarterly gross margin from its all-time high?

PAAS quarterly gross margin is currently -29.90% below its historical high of 51.47% set on March 31, 2026

How does PAAS quarterly gross margin rank versus sector peers?

PAAS quarterly gross margin is higher than 69.86% of companies in Basic Materials sector

When is PAAS next earnings release?

The next earnings release for PAAS is on February 17, 2027

PAAS Gross Margin History & Chart Since 1995

Annual Gross Margin

37.66%19.67%+109.34%

December 31, 2025

Summary

Current Value: As of today, PAAS annual gross margin is 37.66%, up +109.34% on December 31, 2025
Historical Performance: PAAS annual gross margin is up +3592.16% over the past 3 years, up +46.71% over the past 5 years
All-Time High Comparison: PAAS annual gross margin is currently -15.54% below its historical high of 44.59% set on December 31, 2011
3-Year Low Comparison: PAAS annual gross margin is +3592.16% above its 3-year low of 1.02% reached on an earlier date
Sector Comparison: PAAS annual gross margin is higher than 74.04% of companies in Basic Materials sector

Gross Margin Chart

beforeafter

Performance

PAAS Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	37.66%	+109.3%	+3592.2%	+46.7%	+12.4%
Quarterly Gross Margin	Sep 30, 26	36.08%	+2.5%	+321.0%	+75.6%	-18.3%
Price	Nov 13, 26	$37.50	-4.0%	+185.4%	+35.1%	+41.1%
PE Ratio	Nov 13, 26	10.04	-55.6%	–	-56.6%	-12.4%
Annual Revenue	Dec 31, 25	$3.62B	+28.4%	+142.1%	+170.3%	+459.7%
Annual Gross Profit	Dec 31, 25	$1.36B	+168.8%	+8875.4%	+296.6%	+529.3%
Annual Operating Margin	Dec 31, 25	32.27%	+159.0%	+803.0%	+60.8%	+7.1%
Annual Net Margin	Dec 31, 25	27.08%	+577.0%	+219.0%	+105.5%	+1014.4%

Gross Margin Highs

PAAS Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	37.66%	Dec 31, 25	at high
5Y	37.66%	Dec 31, 25	at high
All	44.59%	Dec 31, 11	-15.5%

Gross Margin Lows

PAAS Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	1.02%	N/A	+3592.2%
5Y	1.02%	Dec 31, 22	+3592.2%
All	-17.90%	Dec 31, 99	+310.4%

Gross Margin History

Year	Value	Change
2025	37.66%	+109.3%
2024	17.99%	+68.0%
2023	10.71%	+950.0%
2022	1.02%	-95.2%
2021	21.40%	-16.6%
2020	25.67%	+66.9%
2019	15.38%	+45.0%
2018	10.61%	-40.9%
2017	17.94%	-24.1%
2016	23.64%	+437.2%
2015	-7.01%	-525.9%
2014	-1.12%	-108.2%
2013	13.71%	-51.8%
2012	28.45%	-36.2%
2011	44.59%	+33.1%
2010	33.50%	+34.8%

Year	Value	Change
2009	24.86%	-1.0%
2008	25.11%	-22.9%
2007	32.57%	-19.1%
2006	40.25%	+215.2%
2005	12.77%	+25.6%
2004	10.17%	+976.7%
2003	-1.16%	+87.4%
2002	-9.19%	>-9,900.0%
2001	0.00%	+100.0%
2000	-4.68%	+73.9%
1999	-17.90%	-57.6%
1998	-11.36%	-66.1%
1997	-6.84%	-30.3%
1996	-5.25%	+29.3%
1995	-7.43%	-

FAQ

What is the current annual gross margin of PAAS?: As of today, PAAS annual gross margin is 37.66%
What is 1-year change in PAAS annual gross margin?: PAAS annual gross margin is up +109.34% year-over-year
What is 3-year change in PAAS annual gross margin?: PAAS annual gross margin is up +3592.16% over the past 3 years
How far is PAAS annual gross margin from its all-time high?: PAAS annual gross margin is currently -15.54% below its historical high of 44.59% set on December 31, 2011
How does PAAS annual gross margin rank versus sector peers?: PAAS annual gross margin is higher than 74.04% of companies in Basic Materials sector
When is PAAS next annual earnings release?: The next annual earnings release for PAAS is on February 17, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

36.08%3.24%-8.24%

September 30, 2026

Summary

Current Value: As of today, PAAS quarterly gross margin is 36.08%, down -8.24% on September 30, 2026
Historical Performance: PAAS quarterly gross margin is up +2.50% year-over-year, up +321.00% over the past 3 years
All-Time High Comparison: PAAS quarterly gross margin is currently -29.90% below its historical high of 51.47% set on March 31, 2026
3-Year Low Comparison: PAAS quarterly gross margin is +321.00% above its 3-year low of 8.57% reached on an earlier date
Sector Comparison: PAAS quarterly gross margin is higher than 69.86% of companies in Basic Materials sector

Performance

PAAS Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	36.08%	-8.2%	+2.5%	+321.0%	+75.6%
Annual Gross Margin	Dec 31, 25	37.66%	–	+109.3%	+3592.2%	+46.7%
Price	Nov 13, 26	$37.50	-20.7%	-4.0%	+185.4%	+35.1%
PE Ratio	Nov 13, 26	10.04	-29.5%	-55.6%	–	-56.6%
Quarterly Revenue	Sep 30, 26	$1.01B	-10.5%	+17.7%	+63.2%	+118.5%
Quarterly Gross Profit	Sep 30, 26	$363.00M	-17.9%	+20.6%	+587.5%	+283.7%
Quarterly Operating Margin	Sep 30, 26	33.50%	-9.7%	+8.5%	+1415.8%	+97.6%
Quarterly Net Margin	Sep 30, 26	35.49%	+30.8%	+79.5%	+1162.6%	+708.4%

Quarterly Gross Margin Highs

PAAS Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	51.47%	Mar 31, 26	-29.9%
3Y	51.47%	Mar 31, 26	-29.9%
5Y	51.47%	Mar 31, 26	-29.9%
All	51.47%	Mar 31, 26	-29.9%

Quarterly Gross Margin Lows

PAAS Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	35.20%	N/A	+2.5%
3Y	8.57%	N/A	+321.0%
5Y	-11.61%	Jun 30, 22	+410.8%
All	-26.71%	Mar 31, 01	+235.1%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	36.08%	-8.2%
Jun 2026	39.32%	-23.6%
Mar 2026	51.47%	+9.0%
Dec 2025	47.21%	+34.1%
Sep 2025	35.20%	+7.8%
Jun 2025	32.65%	+5.2%
Mar 2025	31.05%	+43.4%
Dec 2024	21.65%	-5.7%
Sep 2024	22.97%	+49.0%
Jun 2024	15.42%	+53.7%
Mar 2024	10.03%	-10.6%
Dec 2023	11.22%	+30.9%
Sep 2023	8.57%	+0.5%
Jun 2023	8.53%	-52.6%
Mar 2023	18.01%	+196.7%
Dec 2022	6.07%	+172.7%
Sep 2022	-8.35%	+28.1%
Jun 2022	-11.61%	-184.7%
Mar 2022	13.70%	-17.5%
Dec 2021	16.60%	-19.2%
Sep 2021	20.55%	-20.7%
Jun 2021	25.93%	+11.5%
Mar 2021	23.26%	-24.6%
Dec 2020	30.86%	-23.2%
Sep 2020	40.16%	+124.7%
Jun 2020	17.87%	+40.6%
Mar 2020	12.71%	-45.0%
Dec 2019	23.11%	+37.8%
Sep 2019	16.77%	+31.7%
Jun 2019	12.73%	+172.0%
Mar 2019	4.68%	+182.7%
Dec 2018	-5.66%	-17.4%
Sep 2018	-4.82%	-120.3%
Jun 2018	23.72%	-3.3%
Mar 2018	24.52%	+47.7%
Dec 2017	16.60%	-18.3%
Sep 2017	20.33%	-2.6%
Jun 2017	20.88%	+48.9%
Mar 2017	14.02%	-40.3%
Dec 2016	23.50%	-33.6%
Sep 2016	35.39%	+66.0%
Jun 2016	21.32%	+129.5%
Mar 2016	9.29%	+238.9%
Dec 2015	-6.69%	+64.7%
Sep 2015	-18.93%	-675.8%
Jun 2015	-2.44%	-123.9%
Mar 2015	-1.09%	+93.3%
Dec 2014	-16.22%	-71.6%
Sep 2014	-9.45%	-365.4%
Jun 2014	3.56%	-73.1%
Mar 2014	13.24%	+47.9%
Dec 2013	8.95%	-38.9%
Sep 2013	14.66%	+1,111.0%
Jun 2013	-1.45%	-105.1%
Mar 2013	28.21%	-5.7%
Dec 2012	29.90%	+31.5%
Sep 2012	22.73%	+14.9%
Jun 2012	19.79%	-52.2%
Mar 2012	41.40%	+10.6%
Dec 2011	37.42%	-15.2%

Month	Value	Change
Sep 2011	44.14%	-8.2%
Jun 2011	48.08%	-1.6%
Mar 2011	48.88%	+7.0%
Dec 2010	45.67%	+46.0%
Sep 2010	31.28%	+8.4%
Jun 2010	28.86%	+21.3%
Mar 2010	23.80%	-29.3%
Dec 2009	33.66%	+17.7%
Sep 2009	28.59%	+40.1%
Jun 2009	20.41%	+46.1%
Mar 2009	13.97%	+165.4%
Dec 2008	-21.36%	-209.8%
Sep 2008	19.46%	-47.0%
Jun 2008	36.75%	-16.2%
Mar 2008	43.83%	+30.4%
Dec 2007	33.60%	+4.6%
Sep 2007	32.12%	-17.1%
Jun 2007	38.75%	+25.2%
Mar 2007	30.95%	-27.1%
Dec 2006	42.46%	-6.6%
Sep 2006	45.47%	-8.0%
Jun 2006	49.42%	+25.8%
Mar 2006	39.30%	+41.1%
Dec 2005	27.86%	+70.2%
Sep 2005	16.37%	-8.3%
Jun 2005	17.85%	+48.9%
Mar 2005	11.99%	+1,432.2%
Dec 2004	-0.90%	-105.3%
Sep 2004	16.92%	+47.0%
Jun 2004	11.51%	-5.1%
Mar 2004	12.13%	+278.1%
Dec 2003	-6.81%	-164.4%
Sep 2003	10.58%	+75.2%
Jun 2003	6.04%	+704.0%
Mar 2003	-1.00%	+92.0%
Dec 2002	-12.57%	+10.3%
Sep 2002	-14.01%	-83.4%
Jun 2002	-7.64%	-80.2%
Mar 2002	-4.24%	>-9,900.0%
Dec 2001	0.00%	+100.0%
Sep 2001	-14.21%	>-9,900.0%
Jun 2001	0.00%	+100.0%
Mar 2001	-26.71%	-714.3%
Dec 2000	-3.28%	-25.2%
Sep 2000	-2.62%	+55.7%
Jun 2000	-5.91%	-5.7%
Mar 2000	-5.59%	+66.7%
Dec 1999	-16.77%	-149.6%
Sep 1999	-6.72%	+38.8%
Jun 1999	-10.98%	+35.6%
Mar 1999	-17.05%	-58.0%
Dec 1998	-10.79%	-208.3%
Sep 1998	-3.50%	+73.6%
Jun 1998	-13.28%	-242.8%
Mar 1998	9.30%	+226.2%
Dec 1997	-7.37%	-181.8%
Sep 1997	9.01%	+224.6%
Jun 1997	-7.23%	>-9,900.0%
Mar 1997	0.00%	-

FAQ

What is the current quarterly gross margin of PAAS?: As of today, PAAS quarterly gross margin is 36.08%
What is PAAS quarterly gross margin most recent change?: PAAS quarterly gross margin was down -8.24% on September 30, 2026
What is 1-year change in PAAS quarterly gross margin?: PAAS quarterly gross margin is up +2.50% year-over-year
How far is PAAS quarterly gross margin from its all-time high?: PAAS quarterly gross margin is currently -29.90% below its historical high of 51.47% set on March 31, 2026
How does PAAS quarterly gross margin rank versus sector peers?: PAAS quarterly gross margin is higher than 69.86% of companies in Basic Materials sector
When is PAAS next earnings release?: The next earnings release for PAAS is on February 17, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

PAAS Official Website www.panamericansilver.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/771992/000077199226000019/0000771992-26-000019-index.htm
PAAS Profile on Yahoo Finance finance.yahoo.com/quote/PAAS
PAAS Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/paas