First Majestic Silver Corp. (AG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 470.07M | 471.05M | 286.72M | 264.73M | 245.99M | 173.34M | 146.99M | 136.74M | 106.56M | 136.95M | 133.8M | 147.31M | 157.6M | 148.19M | 159.75M | 159.44M | 156.84M | 204.88M | 124.65M | 154.07M |
| Revenue Growth % | 91.09% | 171.75% | 95.06% | 93.6% | 130.85% | 26.58% | 9.86% | -7.17% | -32.39% | -7.59% | -16.25% | -7.61% | 0.49% | -27.67% | 28.16% | 3.49% | 56.02% | 75% | -0.98% | 342.04% |
| Cost of Goods Sold | 210.29M | 232.77M | 187.64M | 215.38M | 182.19M | 125.1M | 118.47M | 121.28M | 106.88M | 96.73M | 120.77M | 146.17M | 164.03M | 128.79M | 124.4M | 116.05M | 114.38M | 123.72M | 95.35M | 98.14M |
| COGS % of Revenue | 44.74% | 49.42% | 65.44% | 81.36% | 74.06% | 72.17% | 80.6% | 88.69% | 100.3% | 70.64% | 90.26% | 99.23% | 104.08% | 86.91% | 77.87% | 72.78% | 72.93% | 60.39% | 76.5% | 63.7% |
| Gross Profit | 259.78M | 238.28M | 99.08M | 49.35M | 63.8M | 48.24M | 28.52M | 15.46M | -321K | 40.21M | 13.03M | 1.14M | -6.42M | 19.4M | 35.35M | 43.39M | 42.46M | 81.16M | 29.3M | 55.93M |
| Gross Margin % | 55.26% | 50.58% | 34.56% | 18.64% | 25.94% | 27.83% | 19.4% | 11.31% | -0.3% | 29.36% | 9.74% | 0.77% | -4.08% | 13.09% | 22.13% | 27.22% | 27.07% | 39.61% | 23.5% | 36.3% |
| Gross Profit Growth % | 307.14% | 393.98% | 247.38% | 219.18% | 19976.95% | 19.95% | 118.96% | 1258.7% | 95% | 107.33% | -63.16% | -97.38% | -115.13% | -76.1% | 20.68% | -22.42% | 7.24% | 55.92% | -52.3% | 1016.77% |
| Operating Expenses | 27.07M | 24.79M | 20.23M | 9.87M | 28.3M | 22.58M | 24.38M | 29.78M | 18.92M | 37.79M | 31.16M | 19.99M | 137.8M | 44.23M | 50.63M | 39.98M | 44.95M | 52.89M | 40.21M | 39.58M |
| OpEx % of Revenue | 5.76% | 5.26% | 7.06% | 3.73% | 11.5% | 13.02% | 16.58% | 21.78% | 17.76% | 27.59% | 23.29% | 13.57% | 87.44% | 29.85% | 31.7% | 25.07% | 28.66% | 25.81% | 32.26% | 25.69% |
| Selling, General & Admin | 27.07M | 24.79M | 14.69M | 15.99M | 17.87M | 13.63M | 11.99M | 12.55M | 13.41M | 10.62M | 12.84M | 14.6M | 12.69M | 11.01M | 11.85M | 12.37M | 15.1M | 9.85M | 9.28M | 9.67M |
| SG&A % of Revenue | 5.76% | 5.26% | 5.12% | 6.04% | 7.26% | 7.87% | 8.16% | 9.18% | 12.59% | 7.75% | 9.59% | 9.91% | 8.05% | 7.43% | 7.42% | 7.76% | 9.63% | 4.81% | 7.45% | 6.28% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 232.71M | 213.49M | 78.85M | 39.48M | 35.51M | 25.66M | 4.15M | -14.32M | -19.24M | 2.42M | -18.13M | -18.85M | -144.22M | -24.84M | -15.28M | 3.42M | -2.49M | 28.27M | -10.91M | 16.35M |
| Operating Margin % | 49.51% | 45.32% | 27.5% | 14.91% | 14.43% | 14.8% | 2.82% | -10.47% | -18.06% | 1.77% | -13.55% | -12.8% | -91.51% | -16.76% | -9.56% | 2.14% | -1.59% | 13.8% | -8.75% | 10.61% |
| Operating Income Growth % | 555.37% | 732% | 1801.76% | 375.75% | 284.52% | 958.58% | 122.86% | 24.04% | 86.66% | 109.76% | -18.69% | -651.98% | -5689.8% | -187.86% | -40.03% | -79.12% | -116.08% | -4.64% | -128.94% | 159.71% |
| EBITDA | 291.11M | 290.21M | 134.04M | 113.54M | 98.28M | 60.71M | 36.4M | 17.66M | 6.97M | 33.52M | 10.23M | 14.13M | -109.41M | 4.38M | 22.38M | 39.55M | 29.97M | 67.05M | 19.33M | 46.56M |
| EBITDA Margin % | 61.93% | 61.61% | 46.75% | 42.89% | 39.95% | 35.02% | 24.76% | 12.92% | 6.54% | 24.47% | 7.65% | 9.59% | -69.42% | 2.95% | 14.01% | 24.8% | 19.11% | 32.72% | 15.5% | 30.22% |
| EBITDA Growth % | 196.2% | 378.04% | 268.28% | 542.89% | 1309.87% | 81.13% | 255.82% | 25.02% | 106.37% | 666.1% | -54.3% | -64.28% | -465.02% | -93.47% | 15.81% | -15.05% | -6.15% | 55.27% | -65.69% | 343.65% |
| D&A (Non-Cash Add-back) | 58.41M | 76.72M | 55.2M | 74.06M | 62.77M | 35.05M | 32.25M | 31.98M | 26.21M | 31.09M | 28.36M | 32.98M | 34.82M | 29.21M | 37.66M | 36.13M | 32.46M | 38.78M | 30.24M | 30.2M |
| EBIT | 232.71M | 213.49M | 70.65M | 43.03M | 33.27M | 21.52M | 2.27M | -12.8M | -22M | -193.16M | -18.69M | -17.88M | -142.74M | -28.47M | -13.74M | -4.69M | -4.71M | 27.08M | -9.82M | 16.47M |
| Net Interest Income | 1.3M | 326.95K | -1.42M | -1.4M | -550K | -3.18M | -2.75M | -2.48M | -3.92M | -2.55M | -3.38M | -2.25M | -2.87M | -1.54M | -3.12M | -3.01M | -2.66M | -7.56M | -2.82M | -2.85M |
| Interest Income | 7.19M | 4.57M | 2.91M | 3.62M | 3.67M | 315.83K | 1.71M | 2.45M | 756K | 1.62M | 1.53M | 2.4M | 1.01M | 2.17M | 0 | 0 | 293.56K | 378.72K | 303.92K | 167.57K |
| Interest Expense | 5.89M | 4.25M | 4.33M | 5.01M | 4.22M | 3.5M | 4.46M | 4.93M | 4.68M | 4.16M | 4.91M | 4.65M | 3.88M | 3.71M | 3.12M | 3.01M | 2.95M | 7.94M | 3.12M | 3.02M |
| Other Income/Expense | 4.94M | 52.17M | -12.53M | -1.46M | -6.46M | -5.51M | -6.33M | -3.42M | -7.44M | 21.2M | -5.46M | -3.68M | -2.4M | 22.66M | -4.88M | -8.75M | 21.51M | -8.34M | -6.1M | 202K |
| Pretax Income | 237.65M | 265.66M | 66.32M | 38.02M | 29.05M | 20.15M | -2.18M | -17.74M | -26.68M | 23.62M | -23.6M | -22.53M | -146.62M | -2.18M | -20.16M | -5.34M | 19.02M | 19.93M | -17.01M | 16.56M |
| Pretax Margin % | 50.56% | 56.4% | 23.13% | 14.36% | 11.81% | 11.63% | -1.49% | -12.97% | -25.04% | 17.25% | -17.64% | -15.3% | -93.03% | -1.47% | -12.62% | -3.35% | 12.13% | 9.73% | -13.65% | 10.75% |
| Income Tax | 92.21M | 158.85M | 23.36M | -18.56M | 22.81M | 33.63M | 24.41M | 30.51M | -13.12M | 13.39M | 3.55M | -5M | -45.96M | 14.64M | 537K | 78.71M | 11.73M | 23.9M | 1.39M | 957K |
| Effective Tax Rate % | 38.8% | 59.79% | 35.22% | -48.82% | 78.52% | 166.88% | -1117.63% | -172.04% | 49.17% | 56.69% | -15.05% | 22.18% | 31.35% | -672.93% | -2.66% | -1474.56% | 61.7% | 119.93% | -8.2% | 5.78% |
| Net Income | 126.32M | 84.41M | 26.98M | 56.58M | 6.24M | -13.48M | -26.59M | -48.25M | -13.56M | 10.23M | -27.15M | -17.53M | -100.66M | -16.82M | -20.69M | -84.05M | 7.29M | -3.97M | -18.41M | 15.6M |
| Net Margin % | 26.87% | 17.92% | 9.41% | 21.37% | 2.54% | -7.78% | -18.09% | -35.29% | -12.73% | 7.47% | -20.29% | -11.9% | -63.87% | -11.35% | -12.95% | -52.71% | 4.64% | -1.94% | -14.77% | 10.12% |
| Net Income Growth % | 1924.42% | 726.28% | 201.45% | 217.26% | 146.01% | -231.74% | 2.05% | -175.19% | 86.53% | 160.83% | -31.21% | 79.14% | -1481.74% | -323.55% | -12.42% | -638.82% | 292.72% | -111.5% | -159.48% | 256.49% |
| Net Income (Continuing) | 145.44M | 106.81M | 42.96M | 56.58M | 6.24M | -13.48M | -26.59M | -48.25M | -13.56M | 10.23M | -27.15M | -17.53M | -100.66M | -16.82M | -20.69M | -84.05M | 7.29M | -3.97M | -18.41M | 15.6M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 423.49M | 411.21M | 407.9M | 405.42M | 411.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.25 | 0.17 | 0.05 | 0.11 | 0.00 | -0.04 | -0.09 | -0.17 | -0.05 | 0.04 | -0.09 | -0.06 | -0.37 | -0.06 | -0.08 | -0.32 | 0.03 | -0.02 | -0.07 | 0.06 |
| EPS Growth % | - | 480.31% | 161.27% | 164.71% | 110.43% | -221.8% | 6.66% | -172.44% | 87.3% | 158.16% | -20.2% | 80.5% | -1435.74% | -307.1% | -9.61% | -633.33% | 177% | -110.33% | -151.29% | 226.32% |
| EPS (Basic) | 0.26 | 0.17 | 0.05 | 0.11 | 0.01 | -0.04 | -0.09 | -0.17 | -0.05 | 0.04 | -0.09 | -0.06 | -0.37 | -0.06 | -0.08 | -0.32 | 0.03 | -0.02 | -0.07 | 0.06 |
| Diluted Shares Outstanding | 501.77M | 491.32M | 492.7M | 488.58M | 456.41M | 301.86M | 301M | 292.03M | 287.21M | 287M | 286.92M | 280.99M | 274.22M | 266.67M | 262.87M | 262.68M | 262.59M | 256.36M | 256.36M | 245.84M |
| Basic Shares Outstanding | 492.88M | 491.32M | 488.72M | 485.09M | 453.06M | 301.86M | 295.48M | 283.83M | 271.26M | 287M | 286.92M | 280.99M | 274.22M | 266.67M | 258.65M | 262.66M | 260.2M | 256.36M | 256.36M | 242.78M |
| Dividend Payout Ratio | 3.2% | 3.07% | 8.7% | 3.85% | 44.21% | - | - | - | - | 13.21% | - | - | - | - | - | - | - | - | - | 7.26% |