First Majestic Silver (AG) Change in Inventory (2010 - 2026)
First Majestic Silver's (AG) quarterly Change in Inventory came in at -$14.8 million in Q2 2026, down 1668.82% YoY from $943704.6 in Q2 2025, and down 245.86% on a QoQ basis from $10.2 million in Q4 2025.
First Majestic Silver (AG) Change in Inventory (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has 17 years of Change in Inventory data on file, last reported at -$14.8 million in Q2 2026.
- Quarterly Change in Inventory fell 1668.82% year-over-year to -$14.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$15.3 million (down 408.04% YoY) and the FY2025 annual result came in at -$319000.0, down 114.07% from the prior year.
- Change in Inventory eased to -$14.8 million in Q2 2026, from $10.2 million in the prior quarter.
- In the past five years, Change in Inventory ranged from a high of $10.6 million in Q2 2023 to a low of -$14.8 million in Q2 2026.
- A 5-year average of -$959310.2 and a median of -$1.3 million in 2022 frame the typical range for Change in Inventory.
- Annual changes were most pronounced in 2023 — Change in Inventory soared 772.53% — and 2025, when it plunged 89100.0%.
- Tracing AG's Change in Inventory over 5 years: stood at -$1.3 million in 2022, then sank by 92.6% to -$2.5 million in 2023, then jumped by 323.44% to $5.6 million in 2024, then surged by 80.32% to $10.2 million in 2025, then tumbled by 245.86% to -$14.8 million in 2026.
- The last three Change in Inventory figures came in at -$14.8 million (Q2 2026), $10.2 million (Q4 2025), and -$9.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.44 Bn | 9.19 Bn | 223.62 Mn | -14.81 Mn |
| 2 | Endeavour Silver | 3.15 Bn | 2.91 Bn | 74.00 Mn | - |
| 3 | Silvercorp Metals | 2.78 Bn | 2.40 Bn | 84.75 Mn | - |
| 4 | New Pacific Metals | 1.23 Bn | 1.19 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | 345,000.00 |
| 6 | Bunker Hill Mining | 165.73 Mn | 165.73 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -14.81 Mn |
| Jun 30, 2026 | -14.81 Mn |
| Dec 31, 2025 | 10.15 Mn |
| Dec 31, 2025 | 10.15 Mn |
| Sep 30, 2025 | -9.79 Mn |
| Sep 30, 2025 | -9.79 Mn |
| Jun 30, 2025 | -837,000.00 |
| Jun 30, 2025 | -837,000.00 |
| Mar 31, 2025 | 158,000.00 |
| Mar 31, 2025 | 158,000.00 |
| Dec 31, 2024 | 5.63 Mn |
| Dec 31, 2024 | 5.63 Mn |
| Sep 30, 2024 | 11,000.00 |
| Sep 30, 2024 | 11,000.00 |
| Jun 30, 2024 | -534,000.00 |
| Jun 30, 2024 | -534,000.00 |
| Mar 31, 2024 | -2.84 Mn |
| Mar 31, 2024 | -2.84 Mn |
| Dec 31, 2023 | -2.52 Mn |
| Dec 31, 2023 | -2.52 Mn |