What is Perpetua Resources Corp.'s earnings per share (EPS)?

Perpetua Resources Corp. (PPTA) reported diluted earnings per share of -$1.08 for fiscal year 2025. This represents a -390.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Perpetua Resources Corp. (PPTA) Financials

PPTA

FY2025 annual

Net Income -$100.4M -593.2% YoY

EPS (Diluted) -$1.08 -390.9% YoY

Free Cash Flow -$105.7M -776.1% YoY

Operating Cash Flow -$104.6M -779.4% YoY

Market Cap $2.4B as of Oct 14, 2026

Price / Sales n/m no revenue reported

Price / Earnings n/m net loss, so no earnings multiple, FY2025

Price / Book 3.4x on $719.9M equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 14, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PPTA SEC filings page.

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).

Rhea AI PPTA FY2025 2026-10-03

Perpetua is financing a sharply widening cash deficit externally, expanding assets while keeping debt comparatively low.

In FY2025, the operating loss of $128M and operating cash outflow of $105M moved together, indicating losses were consuming cash rather than being mainly non-cash accounting effects. Free cash flow was -$106M, reinforcing that little of the reported financing translated into internally funded operations.

The FY2025 financing inflow of $845M coincided with a much larger asset base, indicating expansion was funded externally rather than by operations. Debt-to-equity fell from 0.1x in FY2024 to 0.0x in FY2025, so the new funding did not materially increase debt.

The share count rose from 71.3M in FY2024 to 125.0M in FY2025, making the balance-sheet improvement consistent with substantial equity financing and dilution. Despite a FY2025 net loss of $100M, the reported liquidity comparison equals 82 months of annual operating outflow, separating available funding from operating profitability.

Financial Health Signals

Financial health score not available

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.

Piotroski F-Score Partial

2/6

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.

Earnings Quality No Cash Backing

N/A

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

Export CSV

Earnings & Revenue

EBITDA

-$106.4M

YoY-808.2%

QoQ-88.5%

Perpetua Resources Corp.'s EBITDA was -$106.4M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 808.2% from the same quarter a year earlier. Against the prior quarter it is down 88.5%.

Net Income

-$97.5M

YoY-1518.7%

QoQ-100.6%

Perpetua Resources Corp. reported -$97.5M in net income in Q2 2026. This represents a decrease of 1518.7% from the same quarter a year earlier. Against the prior quarter it is down 100.6%.

EPS (Diluted)

-$0.78

QoQ-100.0%

Perpetua Resources Corp. earned -$0.78 per diluted share (EPS) in Q2 2026. Against the prior quarter it is down 100.0%.

Revenue

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

-$93.9M

QoQ-102.3%

Perpetua Resources Corp. recorded an outflow of $93.9M in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is down 102.3%.

Cash & Debt

$574.2M

YoY+35.0%

QoQ-14.2%

5Y CAGR+132.1%

Perpetua Resources Corp. held $574.2M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding

125M

QoQ0.0%

Perpetua Resources Corp. had 125M shares outstanding in Q2 2026. It is unchanged from the prior quarter.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Return on Equity

-13.6%

YoY-12.4pp

QoQ-7.6pp

Perpetua Resources Corp.'s ROE was -13.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 12.4 percentage points from the same quarter a year earlier. Against the prior quarter it is down 7.6 percentage points.

Gross Margin

Not reported for Q2 2026.

Operating Margin

Not reported for Q2 2026.

Net Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$12.9M

QoQ-33.3%

Perpetua Resources Corp. invested $12.9M in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is down 33.3%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

PPTA Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PPTA quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
SG&A Expenses	N/A	$6.5M+25.2%	$5.2M+745.0%	$614K-19.5%	$763K-49.4%	$1.5M+275.0%	$402K
Operating Income	N/A	-$128.0M-145.5%	-$52.1M-29.4%	-$40.3M-37.3%	-$29.3M+29.0%	-$41.3M-37.7%	-$30.0M
EBITDA	N/A	-$127.8M-145.7%	-$52.0M-29.4%	-$40.2M-37.3%	-$29.3M+29.0%	-$41.2M-38.0%	-$29.9M
Income Tax	N/A	$0	$0	$0	$0	N/A	N/A
Net Income	N/A	-$100.4M-593.2%	-$14.5M+22.8%	-$18.8M+34.6%	-$28.7M+20.1%	-$36.0M+83.7%	-$220.6M
EPS (Basic)	N/A	-$1.08-390.9%	-$0.22+26.7%	-$0.30+34.8%	-$0.46-169.7%	$0.66-89.8%	$6.45
EPS (Diluted)	-$2.02	-$1.08-390.9%	-$0.22+26.7%	-$0.30+34.8%	-$0.46-169.7%	$0.66-89.8%	$6.45
Diluted Shares (Avg)	N/A	93M+42.1%	66M+3.8%	63M+0.3%	63M+15.5%	55M+59.3%	34M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
SG&A Expenses	$2.5M+234.6%	$3.4M+82.6%	N/A	$197K+40.0%	$745K+513.9%	$1.8M+1194.2%	N/A	$141K-12.1%
Operating Income	-$106.6M-807.6%	-$56.6M-278.1%	N/A	-$33.7M-104.0%	-$11.7M+3.7%	-$15.0M-84.1%	N/A	-$16.5M-72.0%
EBITDA	-$106.4M-808.2%	-$56.4M-278.0%	N/A	-$33.7M-104.2%	-$11.7M+3.7%	-$14.9M-84.3%	N/A	-$16.5M-72.1%
Income Tax	N/A	$0	N/A	N/A	N/A	$0	N/A	N/A
Net Income	-$97.5M-1518.7%	-$48.6M-492.7%	N/A	-$25.8M-622.5%	-$6.0M-64.0%	-$8.2M-178.7%	N/A	-$3.6M-35.5%
EPS (Basic)	-$0.78-875.0%	-$0.39-225.0%	-$0.61-60.5%	-$0.24-380.0%	-$0.08-33.3%	-$0.12-140.0%	-$0.38+29.6%	-$0.05-225.0%
EPS (Diluted)	-$0.78	-$0.39	-$0.61-60.5%	-$0.24	-$0.08-33.3%	-$0.12-140.0%	-$0.38+29.6%	-$0.05-225.0%
Diluted Shares (Avg)	125M	125M	N/A	107M	76M+18.5%	71M+10.1%	N/A	66M+3.7%

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, Interest Expense.

PPTA Balance Sheet

PPTA quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Total Assets	$877.6M+646.2%	$117.6M+41.6%	$83.1M-16.4%	$99.4M-20.1%	$124.5M+26.9%	$98.1M
Current Assets	$748.5M+1480.8%	$47.4M+590.9%	$6.9M-70.9%	$23.6M-52.0%	$49.1M+90.3%	$25.8M
Cash & Equivalents	$714.2M+1519.3%	$44.1M+1265.7%	$3.2M-85.8%	$22.7M-52.6%	$47.9M+91.1%	$25.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0
Accounts Receivable	$1.8M-29.2%	$2.6M-18.7%	$3.2M+1035.5%	$280K+0.1%	$280K+159.9%	$108K
Long-Term Investments	$0	$0	$0	$0	$0	$0
Total Liabilities	$16.3M+86.8%	$8.8M-18.9%	$10.8M-20.7%	$13.6M+5.6%	$12.9M-68.2%	$40.5M
Current Liabilities	$14.7M+117.0%	$6.8M-13.3%	$7.8M-37.2%	$12.4M+116.0%	$5.7M+45.8%	$3.9M
Non-Current Liabilities	$1.7M-15.5%	$2.0M-33.3%	$3.0M+147.5%	$1.2M-83.1%	$7.2M-80.4%	$36.6M
Total Equity	$861.3M+691.2%	$108.9M+50.6%	$72.3M-15.8%	$85.8M-23.1%	$111.6M+93.6%	$57.6M
Retained Earnings	-$695.6M-16.9%	-$595.2M-2.5%	-$580.7M-3.3%	-$561.9M-5.4%	-$533.2M-7.2%	-$497.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$773.5M+49.3%	$854.7M+666.7%	$877.6M+646.2%	$544.9M+510.2%	$518.0M+561.6%	$111.5M+42.4%	$117.6M+41.6%	$89.3M+3.0%
Current Assets	$599.4M+34.1%	$698.6M+1592.4%	$748.5M+1480.8%	$460.2M+2095.6%	$447.0M+4262.1%	$41.3M+295.2%	$47.4M+590.9%	$21.0M+100.8%
Cash & Equivalents	$574.2M+35.0%	$669.5M+3397.8%	$714.2M+1519.3%	$445.8M+3876.9%	$425.4M+22492.9%	$19.1M+138.1%	$44.1M+1265.7%	$11.2M+57.8%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$3.3M+56.3%	$3.0M+11.3%	$1.8M-29.2%	$2.6M-70.4%	$2.1M-72.5%	$2.7M+39.3%	$2.6M-18.7%	$8.8M+345.9%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$53.7M+547.9%	$38.5M+331.4%	$16.3M+86.8%	$12.9M+6.6%	$8.3M-14.3%	$8.9M+12.3%	$8.8M-18.9%	$12.1M-9.4%
Current Liabilities	$48.6M+673.0%	$34.2M+393.7%	$14.7M+117.0%	$10.9M+19.8%	$6.3M-5.8%	$6.9M+39.9%	$6.8M-13.3%	$9.1M+8.4%
Non-Current Liabilities	$5.1M+154.8%	$4.3M+115.5%	$1.7M-15.5%	$2.0M-33.3%	$2.0M-33.3%	$2.0M-33.3%	$2.0M-33.3%	$3.0M-39.5%
Total Equity	$719.9M+41.2%	$816.2M+695.9%	$861.3M+691.2%	$532.0M+589.1%	$509.7M+642.8%	$102.5M+45.7%	$108.9M+50.6%	$77.2M+5.3%
Retained Earnings	-$841.7M-38.1%	-$744.2M-23.3%	-$695.6M-16.9%	-$635.2M-7.5%	-$609.4M-3.8%	-$603.4M-3.4%	-$595.2M-2.5%	-$590.9M-2.4%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

PPTA Cash Flow Statement

PPTA quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Operating Cash Flow	-$180.3M	-$104.6M-779.4%	-$11.9M+43.9%	-$21.2M+14.3%	-$24.7M+13.7%	-$28.6M+0.4%	-$28.8M
Depreciation & Amortization	N/A	$168K+40.0%	$120K+43.3%	$84K+36.6%	$61K+4.0%	$59K-39.0%	$97K
Stock-Based Compensation	N/A	$3.9M-0.9%	$3.9M+28.3%	$3.0M+3.2%	$2.9M-25.5%	$3.9M+155.3%	$1.5M
Capital Expenditures	$32.6M	$1.1M+553.4%	$176K+18.3%	$149K-25.6%	$200K+473.3%	$35K-10.1%	$39K
Free Cash Flow	-$212.9M	-$105.7M-776.1%	-$12.1M+43.5%	-$21.3M+14.4%	-$24.9M+13.1%	-$28.7M+0.5%	-$28.8M
Investing Cash Flow	-$45.3M	-$13.9M-344.4%	$5.7M+1360.6%	-$450K+3.4%	-$466K+86.0%	-$3.3M-538.5%	-$521K
Financing Cash Flow	$432.4M	$845.0M+1692.3%	$47.1M+2043.3%	$2.2M	N/A	$54.8M+48.8%	$36.8M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	-$80.9M-1129.4%	-$27.0M-5.4%	-$60.3M-117172.8%	-$12.1M-802.3%	-$6.6M+5.9%	-$25.6M-631.7%	-$51K+99.1%	-$1.3M+80.1%
Depreciation & Amortization	$223K+596.9%	$135K+335.5%	$69K+120.4%	$36K+15.6%	$32K+1.9%	$31K+17.6%	$31K+29.6%	$31K+29.5%
Stock-Based Compensation	N/A	$1.8M+44.3%	N/A	N/A	N/A	$1.2M+20.6%	N/A	N/A
Capital Expenditures	$12.9M	$19.4M	$37K+13646.7%	$283K	N/A	N/A	-$270-94.6%	$0-100.0%
Free Cash Flow	-$93.9M	-$46.4M	-$60.3M-116631.6%	-$12.4M-823.4%	N/A	N/A	-$52K+99.1%	-$1.3M+80.1%
Investing Cash Flow	-$12.9M	-$19.4M	$693K+135.2%	-$13.7M-2475.7%	N/A	N/A	-$2.0M-4274.4%	-$533K-93.7%
Financing Cash Flow	-$43K-100.0%	$1.7M+152.8%	$384.4M+999.6%	$46.2M+313.0%	$413.6M	$680K	$35.0M+1551.1%	$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. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PPTA quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K
Return on Equity	-11.7%+1.6pp	-13.3%+12.7pp	-26.0%+7.5pp	-33.5%-1.2pp	-32.2%+350.6pp	-382.8%
Return on Assets	-11.4%+0.9pp	-12.3%+10.3pp	-22.6%+6.3pp	-28.9%0.0pp	-28.9%+195.9pp	-224.8%
Current Ratio	51.08+44.1x	7.01+6.1x	0.88-1.0x	1.90-6.6x	8.55+2.0x	6.55
Debt-to-Equity	0.02-0.1x	0.08-0.1x	0.150.0x	0.160.0x	0.12-0.6x	0.70

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Return on Equity	-13.6%-12.4pp	-6.0%+2.0pp	N/A	-4.8%-0.2pp	-1.2%+4.2pp	-8.0%-3.8pp	N/A	-4.6%-1.0pp
Return on Assets	-12.6%-11.4pp	-5.7%+1.7pp	N/A	-4.7%-0.7pp	-1.2%+3.5pp	-7.4%-3.6pp	N/A	-4.0%-1.0pp
Current Ratio	12.34-58.8x	20.40+14.5x	51.08+44.1x	42.25+39.9x	71.11+69.6x	5.95+3.8x	7.01+6.1x	2.31+1.1x
Debt-to-Equity	0.07+0.1x	0.050.0x	0.02-0.1x	0.02-0.1x	0.02-0.1x	0.090.0x	0.08-0.1x	0.160.0x

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Perpetua Resources Corp. PPTA	FY2025	N/A	-$100.4M	N/A	$2.4B	—
Solaris Resources Inc. SLSR	FY2025	N/A	-$42.3M	N/A	$1.1B	—
McEwen Inc. MUX	FY2025	$197.6M	-$1.3M	-0.6%	$1.1B	52/100
IperionX Limited IPX	FY2025	N/A	-$35.3M	N/A	$565.8M	—
Avino Silver & Gold Mines Ltd. (Canada) ASM	FY2025	$92.2M	$26.6M	28.9%	$917.2M	49/100
Integra Resources Corp. ITRG	FY2025	$243.9M	-$2.2M	-0.9%	$519.4M	46/100

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.

How many shares does Perpetua Resources Corp. have outstanding?

Perpetua Resources Corp. (PPTA) had 125M shares outstanding as of fiscal year 2025.

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.

What is Perpetua Resources Corp.'s P/E ratio?

Perpetua Resources Corp. (PPTA) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2025). The market capitalization is $2.4B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Perpetua Resources Corp.'s price-to-sales ratio?

Perpetua Resources Corp. (PPTA) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $2.4B as of Oct 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

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.