Financials · SVM

Silvercorp Metals Inc. (SVM) financials

For fiscal 2026 (ended Mar 31, 2026), Silvercorp Metals Inc. reported $438.13M of revenue and -$9.94M of net income.

Revenue, FY2026
$438.13M
Revenue growth, YoY
+46.6%
Net income, FY2026
-$9.94M
Net margin
-2.3%
Free cash flow, FY2026
$297.71M
EPS, diluted, FY2026
-$0.05
Cash
$421.99M
P/S
4.92
Market cap
$2.15B
Annual revenue$438.13M
FY2017FY2026
Annual net income-$9.94M
FY2017FY2026
Annual free cash flow$297.71M
FY2017FY2026

SVM revenue and earnings growth

SVM revenueFY2026$438.13M

FY YoY
+46.6%
5Y CAGR
+17.9%

SVM revenue was $438.13M for fiscal 2026 (ended Mar 31, 2026), up 46.6% from fiscal 2025. Compound annual growth was +17.9% over 5 years. It rose in 7 of the last 9 fiscal years. Fiscal 2026 is the highest of the 10 fiscal years on file.

SVM net incomeFY2026-$9.94M

SVM net income was -$9.94M for fiscal 2026 (ended Mar 31, 2026), compared with $58.19M in fiscal 2025.

SVM EPSFY2026-$0.05

SVM diluted EPS was -$0.05 for fiscal 2026 (ended Mar 31, 2026), compared with $0.28 in fiscal 2025.

SVM free cash flowFY2026$297.71M

FY YoY
+150.9%
5Y CAGR
+31.1%

SVM free cash flow was $297.71M for fiscal 2026 (ended Mar 31, 2026), up 150.9% from fiscal 2025. Compound annual growth was +31.1% over 5 years. It rose in 7 of the last 9 fiscal years. Fiscal 2026 is the highest of the 10 fiscal years on file.

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Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue$438.13M$298.89M$215.19M$208.13M$165.97M$192.10M$158.83M$170.52M$170.04M$163.47M
Cost of revenue$184.43M$175.34M$134.60M$137.35M$133.62M$107.94M$99.45M$99.59M$82.16M$75.28M
Gross profit$253.71M$123.55M$80.59M$70.78M$84.30M$84.16M$59.37M$70.93M$87.88M$88.19M
Selling, general and admin$12.09M$12.60M$10.82M$24.92M$4.75M$21.95M$20.15M$19.04M$18.68M$16.82M
Operating income$82.07M$103.15M$63.92M$33.75M$62.56M$71.72M$52.16M$70.07M$75.42M$73.29M
Interest expense$12.18M$6.71M$213.0K$3.26M$10.71M$1.99M$2.07M$631.0K$449.0K$760.0K
Pre-tax income$80.42M$104.96M$69.95M$35.14M$57.07M$73.50M$54.11M$72.92M$77.81M$74.73M
Income tax$47.49M$26.19M$20.28M$14.04M-$13.79M-$12.99M$8.91M$20.87M$18.92M$19.24M
Net income-$9.94M$58.19M$36.31M$20.61M$30.63M$46.38M$34.27M$39.72M$46.99M$43.67M
EPS, basic-$0.05$0.29$0.21$0.12$0.17$0.27$0.20$0.24$0.28$0.26
EPS, diluted-$0.05$0.28$0.20$0.12$0.17$0.26$0.20$0.23$0.27$0.25
Diluted shares219.4M206.3M179.1M179.0M178.3M177.1M174.1M170.4M171.4M171.4M

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalents$421.99M$363.98M$152.94M$145.69M$113.30M$118.73M$65.78M$67.44M$49.20M$73.00M
Receivables$1.56M$1.08M$2.20M$1.81M$3.62M$1.49M$1.18M$467.0K$676.0K$1.31M
Inventory$9.49M$8.03M$7.39M$8.34M$9.12M$9.77M$8.43M$10.84M$11.02M$8.71M
Current assets$443.44M$386.92M$201.90M$219.05M$232.31M$221.19M$158.18M$134.86M$122.80M$110.83M
Total assets$1.46B$1.14B$702.82M$676.80M$723.54M$652.64M$512.76M$499.08M$476.89M$397.97M
Current liabilities$123.98M$76.56M$47.15M$41.24M$46.04M$37.17M$27.83M$37.87M$32.31M$40.16M
Short-term debt-------$4.47M--
Total liabilities$358.56M$305.55M$105.81M$96.97M$103.42M$86.91M$73.79M$85.89M$78.72M$80.03M
Shareholders' equity$941.01M$702.73M$597.01M$579.83M$620.11M$565.73M$438.97M$413.18M$398.18M$317.94M

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flow$310.57M$138.63M$91.57M$85.64M$107.38M$85.91M$77.25M$70.35M$67.90M$77.47M
Capital expenditures$12.86M$19.99M$11.52M$13.29M$10.73M$8.97M$7.40M$6.26M$6.15M$7.99M
Free cash flow$297.71M$118.64M$80.05M$72.35M$96.65M$76.94M$69.85M$64.09M$61.75M$69.48M
Investing cash flow-$229.34M-$44.67M-$65.71M-$26.52M-$106.63M-$40.97M-$70.79M-$32.03M-$81.73M-$40.59M
Financing cash flow-$31.86M$115.12M-$16.80M-$17.98M-$7.43M-$1.45M-$2.93M-$15.20M-$14.77M-$7.23M
Dividends paid$5.48M$4.95M$4.43M$4.42M$4.41M$4.37M$4.29M$4.21M$3.36M$1.58M
Share repurchases-$963.0K--------
Stock-based compensation$4.13M$3.69M$4.15M$4.15M$6.10M$4.31M$2.67M$1.90M$1.57M$1.01M
Depreciation and amortization$36.89M$32.83M$28.97M$29.37M$27.03M$23.22M$22.67M$21.25M$19.44M$18.91M

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY46.6%38.9%3.4%25.4%-13.6%21.0%-6.9%0.3%4.0%-
Net income growth, YoY-60.3%76.2%-32.7%-33.9%35.3%-13.7%-15.5%7.6%-
EPS growth, YoY-40.0%66.7%-29.4%-34.6%30.0%-13.0%-14.8%8.0%-
Gross margin57.9%41.3%37.5%34.0%50.8%43.8%37.4%41.6%51.7%53.9%
Operating margin18.7%34.5%29.7%16.2%37.7%37.3%32.8%41.1%44.4%44.8%
Net margin-2.3%19.5%16.9%9.9%18.5%24.1%21.6%23.3%27.6%26.7%
Free cash flow margin67.9%39.7%37.2%34.8%58.2%40.1%44.0%37.6%36.3%42.5%
Return on equity-1.1%8.3%6.1%3.6%4.9%8.2%7.8%9.6%11.8%13.7%
Return on assets-0.7%5.1%5.2%3.0%4.2%7.1%6.7%8.0%9.9%11.0%
Current ratio3.585.054.285.315.055.955.683.563.802.76

Source: XBRL data Silvercorp Metals Inc. files with the SEC, latest filing dated Jun 30, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

SVM peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
SVM$438.13M+46.6%-$9.94M-2.3%$2.15B
NEM$26.61B+23.7%$9.24B34.7%$130.07B
AEM$11.91B+43.7%$4.46B37.5%$101.51B
B$16.96B+31.2%$4.99B29.4%$69.56B
WPM$2.31B+80.2%$1.47B63.6%$65.38B
FNV$1.82B+63.7%$1.11B61.0%$50.81B
AU$9.89B+70.8%$3.17B32.1%$50.26B
GFI$8.75B+68.2%$3.57B40.8%$36.73B
KGC$7.05B+36.9%$2.39B33.9%$26.92B

SVM FAQ

9 questions
  • What is SVM revenue?
    Silvercorp Metals Inc. (SVM) reported $438.13M of revenue for fiscal 2026 (ended Mar 31, 2026). That is up 46.6% from the year before.
  • Is SVM profitable?
    No. Silvercorp Metals Inc. reported a net loss of $9.94M for fiscal 2026 (ended Mar 31, 2026).
  • How much cash and debt does SVM have?
    Silvercorp Metals Inc. reported $421.99M in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is SVM revenue growing?
    Silvercorp Metals Inc.'s revenue changed +46.6% in fiscal 2026, to $438.13M. Its compound annual growth rate was +17.9% over 5 years.
  • What is SVM gross margin?
    Silvercorp Metals Inc.'s gross profit was $253.71M on $438.13M of revenue for fiscal 2026 (ended Mar 31, 2026), a gross margin of 57.9%.
  • What is SVM free cash flow?
    Silvercorp Metals Inc. generated $297.71M of free cash flow for fiscal 2026 (ended Mar 31, 2026), which is operating cash flow of $310.57M less capital expenditures.
  • What is SVM earnings per share?
    Diluted earnings per share were -$0.05 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.
  • When did SVM last report financial results?
    The latest statements here come from Silvercorp Metals Inc.'s 40-F filed on Jun 30, 2026, covering the period ended Mar 31, 2026.
  • Where does this SVM financial data come from?
    Quantisnow builds these statements from the structured XBRL data Silvercorp Metals Inc. files with the SEC. It is provided for information only and is not investment advice.