Jun 2026 (Q2 FY26) — Aug 5, 2026
Hecla Mining Company Q2 FY26 — Record Free Cash Flow and Strong Balance Sheet
Read the full callHecla Mining Company earnings: last reported Wed, 5 Aug 2026, for the quarter ended Jun 2026.
Reported
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 334 | +52.4% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 43.6 | +17.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 118 | +104.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Price
1Y: $13.93 on 17 Oct 2025 → $15.05. High $31.81 (23 Jan 2026), low $11.97 (4 Nov 2025).
Overview
Call summaries
Hecla Mining Company Q2 FY26 — Record Free Cash Flow and Strong Balance Sheet
Read the full callHecla Mining Company Q1 FY26 — Record Financials and Debt-Free Position
Read the full callEvery analysed call
Financials
Net profit, year on year: +104% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 245 | 250 | 205 | 219 | 410 | 448 | 411 | 334 |
| Operating profit | 22 | 38 | 47 | 58 | 149 | 220 | 223 | 146 |
| Operating margin | 9.2% | 15.3% | 23.1% | 26.5% | 36.3% | 49.1% | 54.2% | 43.6% |
| Other income | -9 | -18 | -7 | -9 | 7 | -32 | -8 | -9 |
| Interest | 11 | 14 | 11 | 11 | 13 | 6 | 6 | 2 |
| Profit before tax | 13 | 20 | 40 | 49 | 156 | 188 | 216 | 137 |
| Tax rate | 86.7% | 40.4% | 39.1% | 45.1% | 35.3% | 28.6% | 23.6% | 13.7% |
| Net profit | 2 | 12 | 29 | 58 | 101 | 134 | -19 | 118 |
| EPS ($ per share) | 0 | — | 0.05 | 0.09 | 0.15 | — | -0.03 | 0.18 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 122 | 132 | 135 | 136 | 152 | 156 | 160 | 170 |
| Reserves | -248 | -349 | -368 | -354 | -404 | -504 | -494 | -182 |
| Total liabilities | 1,013 | 964 | 986 | 968 | 948 | 1,043 | 942 | 969 |
| Fixed assets | 2,520 | 2,447 | 2,378 | 2,311 | 2,570 | 2,666 | 2,694 | 2,131 |
| Investments | — | — | — | — | — | — | 0 | 60 |
| Total assets | 2,704 | 2,661 | 2,700 | 2,729 | 2,927 | 3,011 | 2,981 | 3,561 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 94 | 121 | 181 | 220 | 90 | 75 | 218 | 563 |
| Cash from investing | -237 | -120 | 93 | -107 | -187 | -231 | -213 | -270 |
| Cash from financing | -15 | 33 | -19 | -33 | -7 | 156 | -84 | -78 |
| Net cash flow | -159 | 35 | 67 | 80 | -105 | 2 | -79 | 215 |
| Capital expenditure | -137 | -121 | -91 | -109 | -149 | -224 | -214 | -252 |
| Free cash flow | -43 | -1 | 90 | 111 | -59 | -148 | 4 | 310 |
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Silver production | 3.9M ouncesWe produced 3.9 million ounces of silver, roughly 3% more than the prior quarter.Source: earnings call transcript | 4.2M ouncesOn the operating side, we produced 4.2 million ounces of silver up 8% from the prior quarter.Source: earnings call transcript | +7.7% |
| Silver production Greens Creek | 2.2M ouncesIn the first quarter, the mine produced 2.2 million ounces of silver and 13,000 ounces of gold.Source: earnings call transcript | 2.1M ouncesGreens Creek produced 2.1 million ounces of silver and over 14,000 ounces of gold in the second quarter, in line with our expectations.Source: earnings call transcript | -4.5% |
| Gold production Greens Creek | 13K ouncesIn the first quarter, the mine produced 2.2 million ounces of silver and 13,000 ounces of gold.Source: earnings call transcript | 14K ounces+Greens Creek produced 2.1 million ounces of silver and over 14,000 ounces of gold in the second quarter, in line with our expectations.Source: earnings call transcript | — |
| Silver production Lucky Friday | 1.2M ouncesLucky Friday produced 1.2 million ounces of silver in Q1.Source: earnings call transcript | 1.5M ouncesAnd Lucky Friday delivered new quarterly production record of 1.5 million ounces of silver.Source: earnings call transcript | +25% |
| Silver production Keno Hill | <500K ouncesAt Keno Hill, we produced nearly 0.5 million ounces of silver in Q1 and free cash flow was $15.3 million.Source: earnings call transcript | 625K ouncesAt Keno Hill, we produced 625,000 ounces of silver in the second quarter, up from 0.5 million ounces in the first quarter.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
58 filings between Nov 10, 2025 and Aug 20, 2026.
Purchases
None
No insider bought shares.
Sales
$9.70M
8 sales by 5 insiders
Also filed: 18 other filings, 1 gift.
| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Sienko David C | — | $4.03M | Dec 17, 2025 |
| Lawlar Russell Douglas | — | $2.50M | Nov 10, 2025 |
| Clary Michael L. | — | $1.52M | Dec 19, 2025 |
| Allen Kurt | — | $1.14M | Jan 6, 2026 |
| Malone Patrick Shay | — | $498.1K | Aug 20, 2026 |
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Aug 20, 2026 | Malone Patrick Shay VP - Sustainability | Other | 2,275 | $0 |
| Aug 20, 2026 | Malone Patrick Shay VP - Sustainability | Sale | 100 | $2.1K |
| Aug 20, 2026 | Malone Patrick Shay VP - Sustainability | Sale | 23,894 | $496.0K |
| Jun 22, 2026 | Moyes Kari G. VP - CHRO | Tax withheld | 303 | $4.8K |
| Jun 22, 2026 | Absolom Stuart Maurice Vice President & PAO | Tax withheld | 7,070 | $113.0K |
| Jun 22, 2026 | Absolom Stuart Maurice Vice President & PAO | Award | 6,258 | $100.0K |
| Jun 22, 2026 | Moyes Kari G. VP - CHRO | Award | 19,876 | $317.6K |
| Jun 22, 2026 | Absolom Stuart Maurice Vice President & PAO | Other | 16,613 | $0 |
| Jun 22, 2026 | Brown Robert Denis VP - Corporate Development | Tax withheld | 27,043 | $432.1K |
| Jun 22, 2026 | Brown Robert Denis VP - Corporate Development | Award | 20,424 | $326.4K |
| Jun 22, 2026 | Krcmarov Robert President & CEO | Award | 66,708 | $1.07M |
| Jun 22, 2026 | Lawlar Russell Douglas Sr. VP & CFO | Tax withheld | 31,764 | $507.6K |
| Jun 22, 2026 | Allen Kurt Vice President - Exploration | Tax withheld | 14,309 | $228.7K |
| Jun 22, 2026 | Sienko David C Sr. VP, GC & Secretary | Tax withheld | 23,973 | $383.1K |
| Jun 22, 2026 | Allen Kurt Vice President - Exploration | Award | 19,548 | $312.4K |
| Jun 22, 2026 | Aguiar Rodriguez Carlos Roberto Sr. VP & COO | Award | 24,640 | $393.7K |
| Jun 22, 2026 | Sienko David C Sr. VP, GC & Secretary | Other | 17,354 | $0 |
| Jun 22, 2026 | Aguiar Rodriguez Carlos Roberto Sr. VP & COO | Other | 10,210 | $0 |
| Jun 22, 2026 | Aguiar Rodriguez Carlos Roberto Sr. VP & COO | Tax withheld | 21,659 | $346.1K |
| Jun 22, 2026 | Krcmarov Robert President & CEO | Tax withheld | 79,437 | $1.27M |
| Jun 22, 2026 | Malone Patrick Shay VP - Sustainability | Award | 19,548 | $312.4K |
| Jun 22, 2026 | Sienko David C Sr. VP, GC & Secretary | Award | 22,724 | $363.1K |
| Jun 22, 2026 | Malone Patrick Shay VP - Sustainability | Tax withheld | 17,846 | $285.2K |
| Jun 22, 2026 | Krcmarov Robert President & CEO | Other | 2,528 | $0 |
| Jun 22, 2026 | Allen Kurt Vice President - Exploration | Other | 28,117 | $0 |
| Jun 22, 2026 | Lawlar Russell Douglas Sr. VP & CFO | Award | 24,640 | $393.7K |
| Jun 22, 2026 | Malone Patrick Shay VP - Sustainability | Other | 2,307 | $0 |
| Jun 22, 2026 | Lawlar Russell Douglas Sr. VP & CFO | Other | 1,130 | $0 |
| Jun 22, 2026 | Satre Jill Director | Other | 14,422 | $125.0K |
| Jun 22, 2026 | Board Mark P Director | Other | 14,422 | $125.0K |
| Jun 22, 2026 | Boggs Catherine J Director | Award | 10,816 | $93.7K |
| Jun 22, 2026 | Boggs Catherine J Director | Other | 3,606 | $31.3K |
| Jun 22, 2026 | Wong Alice Director | Other | 14,422 | $125.0K |
| Jun 22, 2026 | STANLEY CHARLES B Director | Other | 14,422 | $125.0K |
| Jun 22, 2026 | Gehring Dean Director | Award | 7,211 | $62.5K |
| Jun 22, 2026 | Gehring Dean Director | Other | 7,211 | $62.5K |
| Apr 13, 2026 | Moyes Kari G. Vice President & CHRO | Award | 10,984 | $218.0K |
| Mar 2, 2026 | Sienko David C S. Vice President, GC & Secy. | Option exercise | 23,881 | $0 |
| Mar 2, 2026 | Aguiar Rodriguez Carlos Roberto Sr. Vice President & COO | Option exercise | 21,318 | $0 |
| Mar 2, 2026 | Allen Kurt Vice President - Exploration | Tax withheld | 5,541 | $136.5K |
| Mar 2, 2026 | Allen Kurt Vice President - Exploration | Option exercise | 21,782 | $0 |
| Mar 2, 2026 | Lawlar Russell Douglas Sr. Vice President & COO | Tax withheld | 14,377 | $354.1K |
| Mar 2, 2026 | Lawlar Russell Douglas Sr. Vice President & COO | Option exercise | 29,609 | $0 |
| Mar 2, 2026 | Brown Robert Denis Vice President - Corp. Develop | Tax withheld | 13,402 | $330.1K |
| Mar 2, 2026 | Brown Robert Denis Vice President - Corp. Develop | Option exercise | 25,050 | $0 |
| Mar 2, 2026 | Aguiar Rodriguez Carlos Roberto Sr. Vice President & COO | Tax withheld | 6,520 | $160.6K |
| Mar 2, 2026 | Sienko David C S. Vice President, GC & Secy. | Tax withheld | 7,294 | $179.7K |
| Jan 6, 2026 | Allen Kurt VP-Exploration | Other | 23,774 | $0 |
| Jan 6, 2026 | Allen Kurt VP-Exploration | Sale | 42,659 | $933.7K |
| Jan 6, 2026 | Allen Kurt VP-Exploration | Sale | 9,560 | $210.4K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Free account. Everything above stays public.
Write why you follow HECLA MINING CO/DE/ and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading