Perpetua Resources Corp Financials
This page shows Perpetua Resources Corp (PPTA) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Equity-funded expansion dominates Perpetua’s financial mechanics: a large capital inflow enlarged the balance sheet while operations continued consuming cash.
In FY2025, financing supplied$845.0M against operating cash flow of-$104.6M , indicating that balance-sheet growth came from external funding rather than internally generated cash. Net income of-$100.4M nearly matched operating cash flow, linking the reported loss closely to the cash requirement rather than a large working-capital distortion.
The 51.1x current ratio and 82 months of reported outflow describe a cash-heavy short-term balance sheet after financing, not evidence that ongoing operations fund themselves.
Operating loss widened from
Financial Health Signals
Perpetua Resources Corp does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Perpetua Resources Corp passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass.
Perpetua Resources Corp reported a net loss of $100.4M while operations used $104.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Perpetua Resources Corp's EBITDA was -$127.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 145.7% from the prior year.
Perpetua Resources Corp reported -$100.4M in net income in fiscal year 2025. This represents a decrease of 593.2% from the prior year.
Perpetua Resources Corp earned -$1.08 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 390.9% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Perpetua Resources Corp recorded an outflow of $105.7M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 776.1% from the prior year.
Perpetua Resources Corp held $714.2M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Perpetua Resources Corp's ROE was -11.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 1.6 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Perpetua Resources Corp invested $1.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 553.4% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
PPTA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $2.5M-25.6% | $3.4M | N/A | $197K-73.5% | $745K-59.4% | $1.8M | N/A | $141K |
| Operating Income | -$106.6M-88.4% | -$56.6M | N/A | -$33.7M-187.3% | -$11.7M+21.5% | -$15.0M | N/A | -$16.5M |
| Income Tax | N/A | $0 | N/A | N/A | N/A | $0 | N/A | N/A |
| Net Income | -$97.5M-100.6% | -$48.6M | N/A | -$25.8M-327.4% | -$6.0M+26.6% | -$8.2M | N/A | -$3.6M |
| EPS (Diluted) | -$0.78-100.0% | -$0.39+36.1% | -$0.61-154.2% | -$0.24-200.0% | -$0.08+33.3% | -$0.12+68.4% | -$0.38-660.0% | -$0.05 |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.
PPTA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $773.5M-9.5% | $854.7M-2.6% | $877.6M+61.1% | $544.9M+5.2% | $518.0M+364.7% | $111.5M-5.2% | $117.6M+31.7% | $89.3M |
| Current Assets | $599.4M-14.2% | $698.6M-6.7% | $748.5M+62.7% | $460.2M+3.0% | $447.0M+982.9% | $41.3M-12.8% | $47.4M+125.9% | $21.0M |
| Cash & Equivalents | $574.2M-14.2% | $669.5M-6.3% | $714.2M+60.2% | $445.8M+4.8% | $425.4M+2122.3% | $19.1M-56.6% | $44.1M+293.4% | $11.2M |
| Accounts Receivable | $3.3M+10.6% | $3.0M+61.6% | $1.8M-30.0% | $2.6M+25.1% | $2.1M-21.3% | $2.7M+2.8% | $2.6M-70.7% | $8.8M |
| Total Liabilities | $53.7M+39.3% | $38.5M+135.9% | $16.3M+26.8% | $12.9M+55.6% | $8.3M-7.3% | $8.9M+2.1% | $8.8M-27.6% | $12.1M |
| Current Liabilities | $48.6M+41.9% | $34.2M+133.6% | $14.7M+34.5% | $10.9M+73.3% | $6.3M-9.4% | $6.9M+2.7% | $6.8M-25.7% | $9.1M |
| Total Equity | $719.9M-11.8% | $816.2M-5.2% | $861.3M+61.9% | $532.0M+4.4% | $509.7M+397.1% | $102.5M-5.8% | $108.9M+41.0% | $77.2M |
| Retained Earnings | -$841.7M-13.1% | -$744.2M-7.0% | -$695.6M-9.5% | -$635.2M-4.2% | -$609.4M-1.0% | -$603.4M-1.4% | -$595.2M-0.7% | -$590.9M |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
PPTA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$80.9M-199.4% | -$27.0M+55.1% | -$60.3M-399.1% | -$12.1M-83.4% | -$6.6M+74.3% | -$25.6M-49807.6% | -$51K+96.2% | -$1.3M |
| Capital Expenditures | $12.9M-33.3% | $19.4M+52047.3% | $37K-86.9% | $283K | N/A | N/A | -$270 | $0 |
| Free Cash Flow | -$93.9M-102.3% | -$46.4M+23.1% | -$60.3M-388.0% | -$12.4M | N/A | N/A | -$52K+96.1% | -$1.3M |
| Investing Cash Flow | -$12.9M+33.3% | -$19.4M-2892.3% | $693K+105.1% | -$13.7M | N/A | N/A | -$2.0M-269.4% | -$533K |
| Financing Cash Flow | -$43K-102.5% | $1.7M-99.6% | $384.4M+731.3% | $46.2M-88.8% | $413.6M+60729.6% | $680K-98.1% | $35.0M+212.2% | $11.2M |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
PPTA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | -13.6%-7.6pp | -6.0% | N/A | -4.8%-3.7pp | -1.2%+6.8pp | -8.0% | N/A | -4.6% |
| Return on Assets | -12.6%-6.9pp | -5.7% | N/A | -4.7%-3.6pp | -1.2%+6.2pp | -7.4% | N/A | -4.0% |
| Current Ratio | 12.34-8.1x | 20.40-30.7x | 51.08+8.8x | 42.25-28.9x | 71.11+65.2x | 5.95-1.1x | 7.01+4.7x | 2.31 |
| Debt-to-Equity | 0.070.0x | 0.050.0x | 0.020.0x | 0.020.0x | 0.02-0.1x | 0.090.0x | 0.08-0.1x | 0.16 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, FCF Margin.
Similar Companies
Where Perpetua Resources Corp Ranks
Frequently Asked Questions
Is Perpetua Resources Corp profitable?
No, Perpetua Resources Corp (PPTA) reported a net income of -$100.4M in fiscal year 2025.
What is Perpetua Resources Corp's EBITDA?
Perpetua Resources Corp (PPTA) had EBITDA of -$127.8M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Perpetua Resources Corp's return on equity (ROE)?
Perpetua Resources Corp (PPTA) has a return on equity of -11.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Perpetua Resources Corp's free cash flow?
Perpetua Resources Corp (PPTA) recorded an outflow of $105.7M in free cash flow during fiscal year 2025. This represents a -776.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Perpetua Resources Corp's operating cash flow?
Perpetua Resources Corp (PPTA) recorded an outflow of $104.6M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are Perpetua Resources Corp's total assets?
Perpetua Resources Corp (PPTA) had $877.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Perpetua Resources Corp's capital expenditures?
Perpetua Resources Corp (PPTA) invested $1.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Perpetua Resources Corp's current ratio?
Perpetua Resources Corp (PPTA) had a current ratio of 51.08 as of fiscal year 2025, which is generally considered healthy.
What is Perpetua Resources Corp's debt-to-equity ratio?
Perpetua Resources Corp (PPTA) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Perpetua Resources Corp's return on assets (ROA)?
Perpetua Resources Corp (PPTA) had a return on assets of -11.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
How does Perpetua Resources Corp's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, Perpetua Resources Corp (PPTA) held $714.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $104.6M over that year. Dividing the one by the other, the reported balance equals about 82 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is Perpetua Resources Corp's Piotroski F-Score?
Perpetua Resources Corp (PPTA) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Perpetua Resources Corp's earnings high quality?
Perpetua Resources Corp (PPTA) reported a net loss of $100.4M while operations used $104.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.