The earnings call highlighted Hecla Mining Company's strong financial and operational performance, marked by record revenues, significant debt reduction, and positive cash flow from all assets. However, challenges such as inflationary pressures on costs and delays in achieving commercial production at Keno Hill were noted.

Company Guidance

During the Q3 2025 earnings call, Hecla Mining Company provided robust guidance, highlighting record financial performance and strategic advancements. The company reported revenue of $410 million and net income of $101 million, with adjusted EBITDA reaching $196 million. Hecla significantly improved its net leverage from 1.8x to 0.3x year-over-year, marking an 83% reduction. This was achieved through the full repayment of their revolver, redemption of $212 million in debt, and repayment of a CAD 50 million note, leading to an annual interest expense reduction of over $15 million. Operating cash flow stood at $148 million, while consolidated free cash flow was $90 million. All four producing assets, including Greens Creek and Lucky Friday, generated positive free cash flow for the second consecutive quarter. The company maintained operational momentum with silver production at 4.6 million ounces and cash costs at negative $2.03 per ounce, while all-in sustaining costs were $11.01 per ounce. Hecla reiterated its cost guidance and tightened production guidance, with strategic projects like the Lucky Friday surface cooling project and Greens Creek's dry stack tailings expansion on track. Moving forward, Hecla plans to focus on long-term value creation, further deleveraging, establishing a disciplined capital allocation framework, and potential portfolio rationalization.

Record-Breaking Financial Performance

Hecla Mining Company reported record quarterly revenue of $410 million, net income of $101 million, and adjusted EBITDA of $196 million, demonstrating strong financial performance and effective business model execution.

Significant Reduction in Net Leverage

Net leverage improved significantly from 1.8x to 0.3x in a single year, marking an 83% reduction, primarily due to debt repayment and strong cash flow generation, enhancing the company's financial flexibility.

Positive Free Cash Flow Across All Assets

All four producing assets, Greens Creek, Lucky Friday, Casa Berardi, and Keno Hill, generated positive free cash flow for the second consecutive quarter, totaling $90 million.

Impressive Silver Production and Cost Management

Silver production increased to 4.6 million ounces, with cash costs at negative $2.03 per ounce and all-in sustaining costs at $11.01, indicating strong operational efficiency.

Strong Performance at Greens Creek

Greens Creek led free cash flow generation with nearly $75 million, owing to strong operational performance and cost management, reaffirming its status as a premier silver mine.

Hecla Mining Company (HL) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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HL Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 18, 2026	2025 (Q4)	0.14 / -	0.04	―	―	―
Nov 05, 2025	2025 (Q3)	0.10 / 0.12	0.03	300.00% (+0.09)
Aug 06, 2025	2025 (Q2)	0.06 / 0.08	0.02	300.00% (+0.06)
May 01, 2025	2025 (Q1)	0.05 / 0.04	0.01	300.00% (+0.03)
Feb 13, 2025	2024 (Q4)	0.05 / 0.04	-0.04	200.00% (+0.08)
Nov 06, 2024	2024 (Q3)	0.03 / 0.03	-0.01	400.00% (+0.04)
Aug 06, 2024	2024 (Q2)	0.03 / 0.02	0.03	-33.33% (>-0.01)
May 08, 2024	2024 (Q1)	>-0.01 / 0.01	0.01	0.00% (0.00)
Feb 14, 2024	2023 (Q4)	-0.02 / -0.04	0.022	-281.82% (-0.06)
Nov 06, 2023	2023 (Q3)	>-0.01 / -0.01	-0.02	50.00% (+0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HL Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Nov 05, 2025	$12.11	$13.55	+11.89%
Aug 06, 2025	$6.11	$7.22	+18.17%
May 01, 2025	$5.46	$4.53	-17.03%
Feb 13, 2025	$6.36	$5.43	-14.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hecla Mining Company (HL) report earnings?

Hecla Mining Company (HL) is schdueled to report earning on Feb 18, 2026, Before Open (Confirmed).

What is Hecla Mining Company (HL) earnings time?

Hecla Mining Company (HL) earnings time is at Feb 18, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is HL EPS forecast?

HL EPS forecast for the fiscal quarter 2025 (Q4) is 0.14.

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