First Majestic Silver Financial Statements
NYSE: AGBasic MaterialsPrecious MetalsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
First Majestic Silver revenue and earnings
In fiscal 2025, First Majestic Silver generated $1.26 billion in revenue, up 124.3% from fiscal 2024. Net income was $164.9 million, for a net margin of 13.1% versus a median of -18.2% in the prior 5 years. Gross margin was 56.8% (up from 38.5%) and operating margin 31.6%.
Diluted earnings per share came in at $0.34. Over the last 5 fiscal years, AG's revenue has grown at a 28.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
First Majestic Silver income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.26B | 560.60M | 573.80M | 624.22M | 584.12M | 363.88M | 363.94M | 300.93M | 252.29M | 278.08M |
| Revenue growth (YoY) | +124.25% | -2.30% | -8.08% | +6.87% | +60.53% | -0.02% | +20.94% | +19.28% | -9.27% | — |
| Cost of Revenue | 543.67M | 344.70M | 410.06M | 471.69M | 366.08M | 194.31M | 232.15M | 219.16M | 159.26M | 149.28M |
| Gross Profit | 713.49M | 215.90M | 163.74M | 152.53M | 218.03M | 169.57M | 131.80M | 81.77M | 15.98M | 49.20M |
| Operating Expenses | 316.42M | 219.66M | 342.53M | 191.73M | 168.83M | 129.21M | 163.78M | 331.03M | 86.97M | 20.96M |
| Selling, General & Admin | 50.37M | 39.60M | 38.71M | 36.37M | 27.06M | 24.86M | 26.80M | 21.43M | 17.49M | 17.75M |
| Operating Income | 397.07M | -3.75M | -178.78M | -39.19M | 49.20M | 40.36M | -31.99M | -249.27M | -71.00M | 28.25M |
| Interest Expense | 26.23M | 28.06M | 26.28M | 20.32M | 21.00M | 14.77M | 15.15M | 13.04M | 4.27M | 7.96M |
| Pretax Income | 395.03M | -26.45M | -195.91M | -61.40M | 25.25M | 29.73M | -39.02M | -263.05M | -75.30M | 25.49M |
| Income Tax | 184.05M | 75.43M | -60.80M | 52.87M | 30.17M | 6.64M | 1.45M | -58.88M | -22.03M | 16.89M |
| Net Income | 164.92M | -101.89M | -135.11M | -114.28M | -4.92M | 23.09M | -40.47M | -204.16M | -53.27M | 8.60M |
| Net Income growth (YoY) | — | — | — | — | -121.32% | — | — | — | -719.37% | — |
| EPS (Basic) | 0.34 | -0.34 | -0.48 | -0.43 | -0.02 | 0.11 | -0.20 | -1.11 | -0.32 | 0.05 |
| EPS (Diluted) | 0.34 | -0.34 | -0.48 | -0.43 | -0.02 | 0.11 | -0.20 | -1.11 | -0.32 | 0.05 |
| Shares Outstanding (Basic) | 479.58M | 295.54M | 282.33M | 263.12M | 244.75M | 213.88M | 201.62M | 183.65M | 165.29M | 160.87M |
| Shares Outstanding (Diluted) | 484.56M | 295.54M | 282.33M | 263.12M | 244.75M | 215.88M | 201.62M | 183.65M | 165.29M | 164.26M |
| EBITDA | 661.87M | 121.74M | -52.61M | 98.22M | 167.49M | 96.64M | 35.23M | -154.75M | 7.08M | 108.60M |
| Gross Margin | 56.75% | 38.51% | 28.54% | 24.44% | 37.33% | 46.60% | 36.21% | 27.17% | 6.33% | 17.69% |
| Operating Margin | 31.58% | -67.00% | -31.16% | -6.28% | 8.42% | 11.09% | -8.79% | -82.83% | -28.14% | 10.16% |
| Net Margin | 13.12% | -18.17% | -23.55% | -18.31% | -84.00% | 6.34% | -11.12% | -67.84% | -21.12% | 3.09% |
This table shows 10 annual periods of First Majestic Silver's income statement, from FY 2025 back to FY 2016, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow AG's reporting calendar. What is a income statement?