NYSE$SVM

Silvercorp Metals Inc · Q4 2026 earnings

Q4 2026 earnings · · After market close · Investor relations

Briefing

Silvercorp Metals Inc reported record Q4 revenue of $147.4 million and adjusted EPS of $0.27 for the quarter ended March 31, 2026.

Silvercorp Metals Inc. delivered strong Q4 Fiscal 2026 results with record quarterly revenue of $147.4 million, up 96% year-over-year, driven by higher realized silver prices. The company achieved adjusted net income of $59.3 million ($0.27 per share) and robust operating cash flow of $90.2 million. Full-year Fiscal 2026 revenue reached $438.1 million with adjusted net income of $150.8 million ($0.69 per share).

  • Q4 revenue hit a record $147.4 million, a 96% increase from Q4 Fiscal 2025, primarily due to a 183% rise in average realized silver price to $78.6/oz.
  • Adjusted net income attributable to shareholders was $59.3 million ($0.27/share) for Q4, compared to $14.7 million ($0.07/share) in the prior year quarter.
  • Q4 operating cash flow reached $90.2 million and free cash flow $57.9 million, with cash and equivalents plus short-term investments at $422.3 million at quarter end.
  • Full-year Fiscal 2026 adjusted net income was $150.8 million ($0.69/share) on revenue of $438.1 million, with operating cash flow of $310.6 million.

Headline financials

Total Revenue

$147M

Previous: $75.1M+96.2%
EPS (adj)

$0.27

Previous: $0.07+285.7%
AISC per oz silver (net of by-products)

$17.35

Previous: $14.31+21.2%
Silver production (oz)

1.5M

Previous: 1.6M-8.0%
Gold production (oz)

2.5K

Previous: 3.1K-19.9%
Lead production (lbs)

13.6M

Previous: 16.3M-16.4%
Zinc production (lbs)

3.9M

Previous: 4.4M-11.4%
Operating cash flow

$90.2M

No prior period
Free cash flow

$57.9M

No prior period
Cash cost per oz silver (net of by-products)

-$1.92

Previous: $2.49-177.1%
Net Income

-$700K

Previous: -$7.59M+90.8%

Revenue & EPS history

Silvercorp · Revenue · Quarterly

$147M

Q4 2026+96.2%vs Q4 2025
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Forward guidance

The company issued Fiscal 2027 production, cash cost, and capital expenditure guidance alongside the results.

Tailwinds

  • Continued focus on mechanization and cost efficiency at Ying Mining District.
  • Expansion of mining permits and capacity at Ying operations.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+0.0%

Avg return

Earnings day

+1.0%

Avg return

5 days after

+2.3%

Avg return

30 days after

49%

31 / 63 earnings

Positive

+16.1%

Q2 2014

Best reaction

-22.4%

Q3 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026+1.9%+14.4%+28.2%
Q2 2026-6.4%-5.2%+2.1%
Q4 2025-4.1%+1.6%+5.2%
Q3 2025+7.8%+12.4%+26.7%
Q2 2025-7.0%-11.0%-29.3%
Q1 2025+6.9%+13.1%+16.6%
Q4 2024+6.2%+9.3%-9.8%
Q3 2024+4.8%+0.0%+19.8%
Q2 2024-0.5%+6.0%+23.7%
Q1 2024-0.4%-3.8%-9.4%
Q4 2023-11.0%-14.6%-17.9%
Q3 2023+0.9%+0.6%-7.6%
Q2 2023+14.5%+17.1%+27.8%
Q1 2023+0.0%-1.1%-11.8%
Q4 2022+6.2%-1.1%-0.7%
Q3 2022-0.6%+3.5%+22.6%
Q2 2022+4.3%+8.3%-12.1%
Q1 2022-1.5%-9.1%-3.8%
Q4 2021+1.2%+5.3%-4.5%
Q3 2021-3.4%-4.0%-20.9%
Q2 2021+15.8%+8.3%-13.6%
Q1 2021-4.2%-5.2%+5.7%
Q4 2020-5.1%-8.7%+7.4%
Q3 2020-22.4%-18.7%-32.8%
Q2 2020+0.0%+9.0%+22.1%
Q1 2020+11.0%+13.4%+24.6%
Q4 2019+2.4%-1.9%+23.6%
Q3 2019+6.7%+12.5%+16.1%
Q2 2019-2.7%-4.0%-10.3%
Q1 2019-1.8%-4.7%-6.1%
Q4 2018-1.7%-3.4%-5.7%
Q3 2018-4.4%+5.2%+2.4%
Q2 2018+0.4%-2.8%-12.6%
Q1 2018+0.4%-2.5%+12.5%
Q4 2017+3.4%-3.0%+3.7%
Q3 2017+7.7%
Q2 2017+0.0%
Q1 2017-1.8%
Q4 2016-9.1%
Q3 2016+10.3%
Q2 2016+1.0%
Q1 2016-3.1%
Q4 2015-1.6%
Q3 2015+7.8%
Q2 2014+16.1%
Q4 2013-10.6%
Q1 2014-10.6%
Q3 2013-5.9%
Q2 2013-4.5%
Q4 2012+0.4%
Q1 2013+0.4%
Q3 2012+0.4%
Q2 2012-3.6%
Q4 2011+4.0%
Q1 2012+4.0%
Q3 2011-2.2%
Q2 2011+4.1%
Q3 2010-8.6%
Q1 2011-8.6%
Q4 2010-8.6%
Q1 2010+2.4%
Q2 2010+0.4%
Q4 2009+2.9%

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