First Majestic Silver Corp. (AG)

First Majestic Silver Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,257	560.6	573.8	624.22	584.12
Revenue Growth (YoY)	124.25%	-2.30%	-8.08%	6.87%	60.53%
Cost of Revenue	563.79	368.37	432.15	483.62	378.14
Gross Profit	693.37	192.24	141.66	140.6	205.98
Selling, General & Admin	50.37	39.6	38.71	36.37	27.06
Other Operating Expenses	11.1	9.61	8.33	6.1	3.23
Operating Expenses	326.55	186.7	280.39	192.21	159.19
Operating Income	366.82	5.54	-138.74	-51.61	46.78
Interest Expense	-18.5	-18.45	-17.96	-12.94	-12.55
Interest & Investment Income	14.7	5.24	6.51	2.35	1.08
Currency Exchange Gain (Loss)	25.25	-18.9	11.88	-0.64	1.17
Other Non Operating Income (Expenses)	-9.62	0.1	4.28	-1.66	-0.05
EBT Excluding Unusual Items	378.64	-26.48	-134.02	-64.49	36.42
Merger & Restructuring Charges	-9.54	-	-6.88	-	-1.97
Gain (Loss) on Sale of Investments	19.12	0.02	-1.64	-3.87	-2.05
Gain (Loss) on Sale of Assets	-	-	-10.25	4.3	-2.08
Asset Writedown	3.45	-	-29.68	2.65	-0.42
Other Unusual Items	3.36	-	-13.44	-	-4.64
Pretax Income	395.03	-26.45	-195.92	-61.4	25.25
Income Tax Expense	184.05	75.43	-60.8	52.87	30.17
Earnings From Continuing Operations	210.98	-101.89	-135.11	-114.28	-4.92
Minority Interest in Earnings	-46.05	-	-	-	-
Net Income	164.92	-101.89	-135.11	-114.28	-4.92
Net Income to Common	164.92	-101.89	-135.11	-114.28	-4.92
Shares Outstanding (Basic)	480	296	282	263	245
Shares Outstanding (Diluted)	485	296	282	263	245
Shares Change (YoY)	63.96%	4.68%	7.30%	7.51%	13.37%
EPS (Basic)	0.34	-0.34	-0.48	-0.43	-0.02
EPS (Diluted)	0.34	-0.34	-0.48	-0.43	-0.02
Free Cash Flow	315.35	36.85	-90.37	-198.69	-120.24
Free Cash Flow Per Share	0.65	0.13	-0.32	-0.76	-0.49
Dividend Per Share	0.023	0.019	0.020	0.024	0.023
Dividend Growth	21.28%	-6.93%	-14.41%	1.29%	-
Gross Margin	55.15%	34.29%	24.69%	22.53%	35.26%
Operating Margin	29.18%	0.99%	-24.18%	-8.27%	8.01%
Profit Margin	13.12%	-18.17%	-23.55%	-18.31%	-0.84%
Free Cash Flow Margin	25.09%	6.57%	-15.75%	-31.83%	-20.59%
EBITDA	610.82	128.11	-14.36	83.86	162.44
EBITDA Margin	48.59%	22.85%	-2.50%	13.43%	27.81%
D&A For EBITDA	244	122.57	124.37	135.47	115.66
EBIT	366.82	5.54	-138.74	-51.61	46.78
EBIT Margin	29.18%	0.99%	-24.18%	-8.27%	8.01%
Effective Tax Rate	46.59%	-	-	-	119.50%

Updated Feb 19, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q