First Majestic Silver (AG) Capital Expenditures (2010 - 2026)
First Majestic Silver's (AG) quarterly Capital Expenditures came in at -$14.5 million in Q2 2026, up 19.37% on a YoY basis from -$12.1 million in Q2 2025, and down 12.85% quarter-over-quarter from -$12.8 million in Q1 2026.
Analysis
First Majestic Silver (AG) Capital Expenditures (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported Capital Expenditures for 17 consecutive years, with -$14.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 19.37% year-over-year to -$14.5 million; the trailing twelve-month figure through Jun 2026 stood at -$60.9 million (down 70.17% YoY), and the FY2025 full-year result was -$62.1 million, down 210.11% from the prior year.
- Capital Expenditures fell to -$14.5 million in Q2 2026 per AG's latest filing, from -$12.8 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $24.8 million in Q4 2023 and bottomed at -$19.5 million in Q3 2022.
- Historically, Capital Expenditures has averaged -$9.4 million across 5 years, with a median of -$10.2 million in 2023.
- The sharpest annual moves came in 2023 and 2025: Capital Expenditures jumped 257.26% in 2023, then sank 670.11% in 2025.
- Over 5 years, Capital Expenditures stood at -$15.8 million in 2022, then surged by 257.26% to $24.8 million in 2023, then tumbled by 108.62% to -$2.1 million in 2024, then tumbled by 670.11% to -$16.5 million in 2025, then increased by 11.98% to -$14.5 million in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$14.5 million, -$12.8 million, and -$16.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 20.88 Bn | 19.83 Bn | 535.85 Mn | 125.71 Mn |
| 2 | Pan American Silver | 19.31 Bn | 17.74 Bn | 457,000.00 | -99.00 Mn |
| 3 | Hecla Mining | 13.39 Bn | 12.90 Bn | 332.52 Mn | 39.14 Mn |
| 4 | First Majestic Silver | 9.65 Bn | 8.40 Bn | 223.62 Mn | -14.49 Mn |
| 5 | Endeavour Silver | 2.98 Bn | 2.74 Bn | 74.00 Mn | -29.10 Mn |
| 6 | Silvercorp Metals | 2.65 Bn | 2.27 Bn | 104.04 Mn | - |
| 7 | Americas Gold & Silver | 1.36 Bn | 1.27 Bn | 22.23 Mn | -40.89 Mn |
| 8 | Vizsla Silver | 1.36 Bn | 1.36 Bn | - | -3,000.00 |
| 9 | New Pacific Metals | 1.00 Bn | 1.00 Bn | - | -9,508.00 |
| 10 | Santacruz Silver Mining | 867.95 Mn | 800.93 Mn | 51.14 Mn | -6.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -14.49 Mn |
| Mar 31, 2026 | -12.84 Mn |
| Dec 31, 2025 | -16.47 Mn |
| Sep 30, 2025 | -17.14 Mn |
| Jun 30, 2025 | -17.97 Mn |
| Mar 31, 2025 | -10.52 Mn |
| Dec 31, 2024 | -2.14 Mn |
| Sep 30, 2024 | -5.19 Mn |
| Jun 30, 2024 | -4.15 Mn |
| Mar 31, 2024 | -8.55 Mn |
| Dec 31, 2023 | 24.79 Mn |
| Sep 30, 2023 | -9.97 Mn |
| Jun 30, 2023 | -6.38 Mn |
| Mar 31, 2023 | -8.47 Mn |
| Dec 31, 2022 | -15.77 Mn |
| Sep 30, 2022 | -19.50 Mn |
| Jun 30, 2022 | -18.15 Mn |
| Mar 31, 2022 | -6.30 Mn |
| Dec 31, 2021 | -22.84 Mn |
| Sep 30, 2021 | -15.76 Mn |