First Majestic Silver Corp. (AG)

First Majestic Silver Cash Flow 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
Net Income	164.92	-101.89	-135.11	-114.28	-4.92
Depreciation & Amortization	259.01	135.1	134.5	143.51	121.51
Loss (Gain) From Sale of Assets	-	-	10.25	-4.3	2.1
Asset Writedown & Restructuring Costs	-3.45	-	125.2	-2.65	0.4
Loss (Gain) From Sale of Investments	-9.49	-0.12	-2.64	4.24	1.52
Stock-Based Compensation	12.65	12.19	12.87	13.96	12.29
Other Operating Activities	165.02	77.45	-70.54	6.19	-32.67
Change in Accounts Receivable	-55.12	-1.51	-1.5	-0.87	-3.39
Change in Inventory	-0.32	2.27	-0.51	-3.45	-8.96
Change in Accounts Payable	38.96	2.82	-6.19	-22.75	16.58
Change in Income Taxes	-10.39	-2.52	0.53	-4.43	3.33
Change in Other Net Operating Assets	-35.78	28.18	-11.25	3.81	-39.07
Operating Cash Flow	526.01	151.97	55.61	18.99	68.72
Operating Cash Flow Growth	246.13%	173.26%	192.89%	-72.37%	-13.79%
Capital Expenditures	-210.66	-115.12	-145.98	-217.68	-188.97
Cash Acquisitions	154.56	-	-	-	29.05
Divestitures	-	-	-5.4	-	-
Investment in Securities	28.73	5.82	-1.22	1.01	-0.96
Other Investing Activities	-0.8	0.14	-1.4	2.87	-19.88
Investing Cash Flow	-28.18	-114.16	-154	-213.8	-180.75
Long-Term Debt Issued	340.49	-	-	50	252.78
Long-Term Debt Repaid	-232.88	-37.27	-15.24	-43.47	-221.13
Net Debt Issued (Repaid)	107.61	-37.27	-15.24	6.53	31.65
Issuance of Common Stock	48.75	94.02	96.63	120.96	88.47
Repurchase of Common Stock	-8.7	-0.27	-	-0.67	-0.04
Common Dividends Paid	-9.84	-5.3	-5.87	-6.87	-3.93
Other Financing Activities	-49.21	-8.77	-10.87	-6.07	-4.33
Financing Cash Flow	88.61	42.41	64.65	113.89	111.82
Foreign Exchange Rate Adjustments	4.81	-3.62	2.66	-0.35	-0.44
Miscellaneous Cash Flow Adjustments	-	-	5.22	-5.22	-
Net Cash Flow	591.26	76.6	-25.86	-86.49	-0.65
Free Cash Flow	315.35	36.85	-90.37	-198.69	-120.24
Free Cash Flow Growth	755.80%	-	-	-	-
Free Cash Flow Margin	25.09%	6.57%	-15.75%	-31.83%	-20.59%
Free Cash Flow Per Share	0.65	0.13	-0.32	-0.76	-0.49
Cash Interest Paid	8.02	8.77	8.47	3.17	4.33
Cash Income Tax Paid	78.57	15.84	24.66	62.75	76.53
Levered Free Cash Flow	503.16	54.97	-84.1	-159.93	-9.84
Unlevered Free Cash Flow	514.72	66.5	-72.88	-151.84	-1.99
Change in Working Capital	-62.64	29.23	-18.92	-27.69	-31.5

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

SEC Filings: 10-K · 10-Q