# Impact Silver announces Q1 2026 financial results with revenue nearly tripling to $31.2 million and record net income of $11.3 million

Source Brief: https://evesgoldminers.com/research/source-briefs/impact-silver-corp-2026-05-19-impact-silver-announces-q1-2026-financial-results-w-53f09cde
Original source: https://impactsilver.com/investors/news/impact-silver-announces-q1-2026-financial-results-with-revenue-nearly-tripling-to-31.2-million-and-record-net-income-of-11.3/
Original published: 2026-05-19
EGM generated: 2026-09-27
Company: IMPACT Silver Corp. (IPT)

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## Extracted Document Text

# Impact Silver announces Q1 2026 financial results with revenue nearly tripling to $31.2 million and record net income of $11.3 million

Source: https://impactsilver.com/investors/news/impact-silver-announces-q1-2026-financial-results-with-revenue-nearly-tripling-to-31.2-million-and-record-net-income-of-11.3/
Published: 2026-05-19T23:00:00+00:00
Fetched: 2026-09-12T07:03:39.748+00:00
Source artifact: 53f09cde-c305-49d1-8e9d-0811a25c9734
Normalizer input: text

## Content

IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to report financial and operating results for the first quarter ended March 31, 2026.
Fred Davidson, President & CEO of IMPACT, stated, "This is the kind of quarter we have been working toward for a long time. Revenue nearly tripled, gross profit grew almost tenfold, and we delivered our strongest quarterly net income in the history of the Company — all while continuing to invest in development and exploration. The silver price environment is clearly part of the story, but the bigger story is what is happening on the ground at Zacualpan: higher grades, higher throughput, and the meaningful contribution from our newly developed Kena Vein. At Plomosas, we reduced expenditures by making the disciplined decision to temporarily suspend underground mining while we work toward a more efficient and sustainable operating plan, and we are in advanced-stage discussions on toll-milling arrangements with nearby third-party operators that we believe can generate cash flow during the suspension. IMPACT is in the strongest financial position in its history, with the resources to optimize Zacualpan, advance Plomosas, and pursue new opportunities in Mexico."
Revenue from Zacualpan increased to $29.3 million in Q1 2026 from $7.2 million in Q1 2025 on realized silver prices of $77.91 per ounce, compared to $$31.51 per ounce in Q1 2025. Operating expenses at Zacualpan were $6.7 million in Q1 2026, up from $4.8 million in Q1 2025 on higher throughput, underground development expenses, and inflationary pressures. Gross profit from Zacualpan rose to $22.3 million, compared to $2.2 million in the same period last year.