Hecla 2Q FY26 income from continuing operations drops to $118 million; revenue falls 19% to $334 million
HL•Quarterly results
Hecla posts Q2 2026 income from continuing operations of USD 117.88 million, down from USD 164.65 million in Q1 2026.
Revenue slips 19% to USD 334 million versus Q1, on lower realized silver and gold prices; shipment timing weighed on volumes.
Adjusted EBITDA from continuing operations (non-GAAP) falls 25% to USD 199.18 million from Q1’s record, despite higher silver and gold production.
Balance sheet and guidance
Cash and cash equivalents total USD 483 million at June 30; Hecla ends the quarter debt free after redeeming USD 263 million of 7.25% Senior Notes.
2026 silver production guidance narrows to 15.1-16.1 million ounces; Greens Creek raised, Lucky Friday tightened, Keno Hill cut.
