EXK

MKT CAP:$3B

Endeavour Silver Corp.

Market Cap

$3B

Basic Materials·Other Precious Metals·🇨🇦 Canada·NYSE

Materials·Other·🇨🇦·NYSE

Stock Price

$9.65+$0.63 (+6.98%)

Apr 24, 2026

Company Details

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Mexico and Chile. The company explores for gold and silver dep...

CEO

Daniel W. Dickson

IPO Date

Apr 26, 2006

Website

www.edrsilver.com

Key Metrics TTM

Revenue

$369M

+63.2% YoY

Net Income

-$76M

EPS (Diluted)

-$0.28

Free Cash Flow

-$150M

Revenue / Share

$1.25

Gross Margin

18.3%

Operating Margin

9.2%

Net Margin

-20.7%

FCF Margin

-40.7%

P/S

7.7x

P/E

—

Earnings Reports

Q1 2026

May 12, 2026

PENDING

FY 2025

Dec 30, 2025

$468M+115.2%EPS -$0.43

Q4 2025

Feb 27, 2026

$174M+312.9%EPS -$0.08

Q2 2025

Jul 3, 2025

$89M+52.1%EPS -$0.07

Q1 2025

Mar 31, 2025

$63M-0.4%EPS -$0.13

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 21	$49M	$12M	$4M
Q1 22	$58M	$20M	$13M
Q2 22	$31M	$4M	-$1M
Q3 22	$40M	$5M	-$1M
Q4 22	$82M	$22M	$14M
Q1 23	$55M	$16M	$7M
Q2 23	$50M	$13M	$5M
Q3 23	$49M	$3M	-$4M
Q4 23	$50M	$5M	$187.0K
Q1 24	$64M	$12M	$3M
Q2 24	$58M	$10M	$2M
Q3 24	$53M	$12M	$4M
Q4 24	$42M	$8M	-$471.0K
Q1 25	$63M	$13M	$4M
Q2 25	$89M	$8M	-$5M
Q4 25	$174M	$39M	$35M

Valuation

Quarter	P/S	P/E
Q4 21	17.2x	203.6x
Q1 22	15.1x	212.5x
Q2 22	16.6x	—
Q3 22	16.1x	—
Q4 22	13.5x	458.1x
Q1 23	13.7x	2855.0x
Q2 23	12.5x	239.4x
Q3 23	12.0x	257.4x
Q4 23	13.8x	464.0x
Q1 24	13.3x	—
Q2 24	12.8x	—
Q3 24	12.6x	—
Q4 24	13.1x	—
Q1 25	13.1x	—
Q2 25	11.5x	—
Q4 25	7.7x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 21	$18M	$3M
Q1 22	$22M	$9M
Q2 22	-$19M	-$34M
Q3 22	$7M	-$46M
Q4 22	$44M	$16M
Q1 23	-$401.0K	-$21M
Q2 23	$5M	-$19M
Q3 23	$613.0K	-$31M
Q4 23	$7M	-$35M
Q1 24	$4M	-$40M
Q2 24	$12M	-$43M
Q3 24	$8M	-$40M
Q4 24	-$5M	-$51M
Q1 25	$3M	-$38M
Q2 25	$22M	-$33M
Q4 25	$11M	-$29M

Capital Expenditures

Quarter	CapEx
Q4 21	$15M
Q1 22	$13M
Q2 22	$15M
Q3 22	$53M
Q4 22	$28M
Q1 23	$21M
Q2 23	$24M
Q3 23	$32M
Q4 23	$41M
Q1 24	$45M
Q2 24	$56M
Q3 24	$49M
Q4 24	$46M
Q1 25	$42M
Q2 25	$54M
Q4 25	$39M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 21	-20.1%	-8.8%
Q1 22	+67.5%	+123.8%
Q2 22	-35.6%	-31.6%
Q3 22	+14.7%	+29.9%
Q4 22	+69.0%	+54.0%
Q1 23	-3.9%	+7.4%
Q2 23	+62.7%	+39.1%
Q3 23	+24.7%	+30.1%
Q4 23	-38.4%	-26.5%
Q1 24	+14.9%	+24.5%
Q2 24	+16.4%	+26.7%
Q3 24	+8.1%	-6.8%
Q4 24	-16.4%	-15.2%
Q1 25	-0.4%	-1.5%
Q2 25	+52.1%	+65.0%
Q4 25	+226.1%	+180.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 21	$718.0K	1.5%
Q1 22	$2M	2.6%
Q2 22	$972.0K	3.2%
Q3 22	$760.0K	1.9%
Q4 22	$619.0K	0.8%
Q1 23	$2M	2.9%
Q2 23	$415.0K	0.8%
Q3 23	$864.0K	1.7%
Q4 23	$713.0K	1.4%
Q1 24	$0	0.0%
Q2 24	$1M	2.0%
Q3 24	$564.0K	1.1%
Q4 24	$346.0K	0.8%
Q1 25	$516.0K	0.8%
Q2 25	$2M	1.9%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	SG&A
Q4 21	$3M	—
Q1 22	$4M	—
Q2 22	$1M	—
Q3 22	$2M	—
Q4 22	$3M	—
Q1 23	$5M	—
Q2 23	$2M	—
Q3 23	$2M	—
Q4 23	$8M	—
Q1 24	$4M	—
Q2 24	$4M	—
Q3 24	$4M	—
Q4 24	$2M	—
Q1 25	$4M	—
Q2 25	$8M	—
Q4 25	—	$4M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$151M	$14M	$165M
Q2 22	$116M	$8M	$125M
Q3 22	$69M	$8M	$77M
Q4 22	$83M	$9M	$92M
Q1 23	$62M	$13M	$75M
Q2 23	$44M	$8M	$52M
Q3 23	$41M	$6M	$47M
Q4 23	$35M	$5M	$40M
Q1 24	$35M	$2M	$37M
Q2 24	$68M	$558.0K	$69M
Q3 24	$55M	$666.0K	$56M
Q4 24	$106M	$1M	$108M
Q1 25	$65M	$1M	$66M
Q2 25	$52M	$595.0K	$53M
Q3 25	$57M	$1M	$58M
Q4 25	$215M	$998.2K	$216M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 21	170M	0.0%	+9.1%
Q1 22	174M	+2.4%	+6.5%
Q2 22	185M	+5.8%	+7.2%
Q3 22	189M	+2.5%	+11.0%
Q4 22	190M	+0.4%	+11.5%
Q1 23	192M	+1.2%	+10.2%
Q2 23	191M	-0.4%	+3.7%
Q3 23	194M	+1.5%	+2.6%
Q4 23	208M	+7.0%	+9.4%
Q1 24	228M	+9.4%	+18.3%
Q2 24	243M	+6.8%	+26.9%
Q3 24	246M	+1.3%	+26.6%
Q4 24	252M	+2.5%	+21.3%
Q1 25	262M	+4.0%	+15.3%
Q2 25	284M	+8.1%	+16.7%
Q4 25	295M	+3.9%	+19.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 21	$24M	2
Q1 22	$29M	2
Q2 22	$15M	2
Q3 22	$20M	2
Q4 22	$41M	2
Q1 23	$28M	2
Q2 23	$25M	2
Q3 23	$25M	2
Q4 23	$25M	2
Q1 24	$32M	2
Q2 24	$29M	2
Q3 24	$27M	2
Q4 24	$21M	2
Q1 25	$32M	2
Q2 25	$44M	2
Q4 25	$87M	2

Revenue / Employee