First Majestic Silver (AG) Capital Expenditures (2010 - 2026)
First Majestic Silver's (AG) quarterly Capital Expenditures came in at -$45.0 million in Q2 2026, down 42.64% YoY from -$78.5 million in Q2 2025, and down 138.01% on a QoQ basis from $118.4 million in Q4 2025.
First Majestic Silver (AG) Capital Expenditures (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has 17 years of Capital Expenditures data on file, last reported at -$45.0 million in Q2 2026.
- Quarterly Capital Expenditures fell 42.64% year-over-year to -$45.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.6 million (up 113.02% YoY) and the FY2025 annual result came in at $804000.0, down 95.98% from the prior year.
- Capital Expenditures retreated to -$45.0 million in Q2 2026, from $118.4 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $276.3 million in Q4 2022 to a low of -$49.3 million in Q2 2022.
- A 5-year average of $7.9 million and a median of -$31.1 million in 2023 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2024 — Capital Expenditures soared 46.37% — and 2025, when it tumbled 108.59%.
- Tracing AG's Capital Expenditures over 5 years: stood at $276.3 million in 2022, then slumped by 65.4% to $95.6 million in 2023, then fell by 3.11% to $92.6 million in 2024, then advanced by 27.79% to $118.4 million in 2025, then tumbled by 138.01% to -$45.0 million in 2026.
- The last three Capital Expenditures figures came in at -$45.0 million (Q2 2026), $118.4 million (Q4 2025), and -$40.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | -14.49 Mn |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | -29.10 Mn |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | -4.59 Mn |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | -9,508.00 |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | - |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -45.01 Mn |
| Jun 30, 2026 | -45.01 Mn |
| Dec 31, 2025 | 118.39 Mn |
| Dec 31, 2025 | 118.39 Mn |
| Sep 30, 2025 | -40.20 Mn |
| Sep 30, 2025 | -40.20 Mn |
| Jun 30, 2025 | -31.55 Mn |
| Jun 30, 2025 | -31.55 Mn |
| Mar 31, 2025 | -45.84 Mn |
| Mar 31, 2025 | -45.84 Mn |
| Dec 31, 2024 | 92.64 Mn |
| Dec 31, 2024 | 92.64 Mn |
| Sep 30, 2024 | -27.84 Mn |
| Sep 30, 2024 | -27.84 Mn |
| Jun 30, 2024 | -22.81 Mn |
| Jun 30, 2024 | -22.81 Mn |
| Mar 31, 2024 | -21.98 Mn |
| Mar 31, 2024 | -21.98 Mn |
| Dec 31, 2023 | 95.61 Mn |
| Dec 31, 2023 | 95.61 Mn |