First Majestic Silver Corp. (AG)

First Majestic Silver Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	965.57	560.6	573.8	624.22	584.12	363.88
Revenue Growth (YoY)	83.84%	-2.30%	-8.08%	6.87%	60.53%	-0.02%
Cost of Revenue	499.59	368.37	432.15	483.62	378.14	218.84
Gross Profit	465.98	192.24	141.66	140.6	205.98	145.04
Selling, General & Admin	47.28	39.6	38.71	36.37	27.06	24.86
Other Operating Expenses	10.72	9.61	8.33	6.1	3.23	2.36
Operating Expenses	299.98	186.7	280.39	192.21	159.19	89.88
Operating Income	166.01	5.54	-138.74	-51.61	46.78	55.16
Interest Expense	-14.22	-15.44	-15.25	-12.94	-12.55	-12.07
Interest & Investment Income	10.52	5.24	6.51	2.35	1.08	3.15
Currency Exchange Gain (Loss)	11.92	-18.9	11.88	-0.64	1.17	-7.3
Other Non Operating Income (Expenses)	-3.63	-2.92	1.57	-1.66	-0.05	-0.34
EBT Excluding Unusual Items	170.6	-26.48	-134.02	-64.49	36.42	38.6
Merger & Restructuring Charges	-9.14	-	-6.88	-	-1.97	-
Gain (Loss) on Sale of Investments	-7.92	0.02	-1.64	-3.87	-2.05	1.97
Gain (Loss) on Sale of Assets	-	-	-10.25	4.3	-2.08	-3.69
Asset Writedown	-	-	-29.68	2.65	-0.42	-
Other Unusual Items	-	-	-13.44	-	-4.64	-7.16
Pretax Income	153.54	-26.45	-195.92	-61.4	25.25	29.73
Income Tax Expense	61.24	75.43	-60.8	52.87	30.17	6.64
Net Income	68.31	-101.89	-135.11	-114.28	-4.92	23.09
Net Income to Common	68.31	-101.89	-135.11	-114.28	-4.92	23.09
Shares Outstanding (Basic)	432	296	282	263	245	214
Shares Outstanding (Diluted)	435	296	282	263	245	216
Shares Change (YoY)	49.16%	4.68%	7.30%	7.51%	13.37%	7.07%
EPS (Basic)	0.16	-0.34	-0.48	-0.43	-0.02	0.11
EPS (Diluted)	0.16	-0.34	-0.48	-0.43	-0.02	0.11
Free Cash Flow	151.94	36.85	-90.37	-198.69	-120.24	-32.26
Free Cash Flow Per Share	0.35	0.13	-0.32	-0.76	-0.49	-0.15
Dividend Per Share	0.020	0.019	0.020	0.024	0.023	-
Dividend Growth	12.85%	-6.93%	-14.41%	1.29%	-	-
Gross Margin	48.26%	34.29%	24.69%	22.53%	35.26%	39.86%
Operating Margin	17.19%	0.99%	-24.18%	-8.27%	8.01%	15.16%
Profit Margin	7.07%	-18.17%	-23.55%	-18.31%	-0.84%	6.35%
Free Cash Flow Margin	15.74%	6.57%	-15.75%	-31.83%	-20.59%	-8.87%
EBITDA	380.49	128.11	-14.36	83.86	162.44	110.85
EBITDA Margin	39.41%	22.85%	-2.50%	13.43%	27.81%	30.46%
D&A For EBITDA	214.48	122.57	124.37	135.47	115.66	55.68
EBIT	166.01	5.54	-138.74	-51.61	46.78	55.16
EBIT Margin	17.19%	0.99%	-24.18%	-8.27%	8.01%	15.16%
Effective Tax Rate	39.88%	-	-	-	119.50%	22.34%

Updated Nov 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q