Hecla Q2 revenue falls 19% to $334 million; profit down, debt-free after note redemption
Hecla reported second quarter 2026 revenue of $334 million, down 19% from the prior quarter on lower realized silver and gold prices, and income from continuing operations of $118 million, or $0.18 per share, versus $165 million in the first quarter. The company redeemed its remaining $263 million of 7.25% Senior Notes, ended the quarter with $483 million in cash and no debt other than financial leases, cut its 2026 Keno Hill silver production guidance, and declared a $0.00375 per share common dividend.
Key points
- Revenue $334 million, down 19% from $411 million in Q1 2026; Adjusted EBITDA $199 million, up from $93 million in Q2 2025
- Income from continuing operations $118 million, or $0.18 per share, versus $165 million, or $0.25 per share, in Q1 2026
- 2026 silver production guidance set at 15.1-16.1 million ounces, down from 15.1-16.5 million; Keno Hill cut to 2.2-2.6 million ounces from 2.9-3.2 million
- Common dividend of $0.00375 per share: record date August 26, 2026, payable on or about September 10, 2026
The filing
Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 04, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.