EarningsQ2 2026 Earnings Report
DE:EJD Q2 2026 EPS Results
Actual EPS€0.13
Consensus EPS€0.13
Beat/MissMissed by -<€0.01
One Year Ago EPS-€0.03
DE:EJD Q2 2026 Revenue Results
Actual Revenue€190.26M
Expected Revenue€187.55M
Beat/MissBeat by +€2.72M
YoY Revenue Growth+149.26%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeAfter Close
Conference CallWednesday, July 29, 2026
DE:EJD Upcoming Earnings
Endeavour Silver's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
DE:EJD Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong operational momentum (notably large production gains, record revenue, a 300% increase in mine operating cash flow and a healthy cash position plus expected VAT recovery) and material project progress (Kolpa expansion, Terronera ramp-up, Pitarrilla feasibility). Offsetting items include significantly higher AISC and per‑tonne costs due to higher metal prices, purchased ore, royalties and currency/inflation pressure, plus incremental capital brought forward and some permitting/timing risk on Pitarrilla. On balance the positive operational and financial improvements materially outweigh the cost and timing headwinds, while management is investing to secure long-term capacity and growth.Company Guidance
Significant Production Growth
Q2 production: nearly 2.0 million ounces of silver and over 10,000 ounces of gold, totaling ~3.0 million silver-equivalent ounces — a 36% increase vs Q2 2025.
Record Revenue and Strong Profitability
Revenue of $212 million in Q2, up 150% year-over-year; mine operating earnings of $74 million vs $7 million in Q2 2025; adjusted net earnings of $45 million and adjusted EPS of $0.15.
Large Improvement in Operating Cash Flow
Mine operating cash flow of $100 million before taxes in Q2, a 300% increase compared to Q2 2025.
Robust Balance Sheet and Expected VAT Recovery
Cash balance of $236 million and working capital of $214 million as of June 30, 2026; management expects to collect an additional ~ $70 million VAT refund in Q3 (effectively increasing near-term cash).
Kolpa Processing Capacity Expansion
Commissioned a new 3-stage crusher and ball mill at Kolpa, increasing plant capacity to 2,500 tonnes per day; management running up to ~2,600–2,800 tpd during tests and expects an updated resource/mine plan by year-end.
Terronera Ramp-up and Infrastructure Progress
Terronera focused on recoveries with LNG plant commissioned in June and full plant connection targeted by mid-August; silver grades expected to increase in H2 2026 as higher-grade areas are accessed; exploration drilling restarted (first program since 2020).
Advancing Pitarrilla Feasibility
Pitarrilla feasibility study in progress with results expected by end of Q3 2026; management's rough CapEx expectation remains in the $500–$600 million range and envisages a 3,500–4,000 tpd mill (final values pending feasibility).
Kolpa and Terronera Investments Positioned for Long-Term Value
Incremental capital investments (tailings filtration/dry stack, power substations, water treatment, camp upgrades) viewed as largely one-time or long-term growth enablers to support multi-year operations and exploration upside.
DE:EJD Earnings History
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