First Majestic Silver AG
NYSE AG
$20.16 -1.02 (-4.82%)
As of: Sep 10, 2026 · 3:59 PM EDT

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% on a YoY basis from $943704.6 in Q2 2025, and down 78.12% quarter-over-quarter from -$8.3 million in Q1 2026.

Analysis

First Majestic Silver (AG) Change in Inventory (2010 - 2026) Analysis & Trends

First Majestic Silver (AG) has reported Change in Inventory for 16 consecutive years, with -$14.8 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Change in Inventory fell 1668.82% year-over-year to -$14.8 million; the trailing twelve-month figure through Jun 2026 stood at -$33.7 million (down 1887.28% YoY), and the FY2024 full-year result was -$4.4 million, up 16.73% from the prior year.
  • Change in Inventory retreated to -$14.8 million in Q2 2026 per AG's latest filing, from -$8.3 million in the prior quarter.
  • Across five years, Change in Inventory topped out at $10.6 million in Q2 2023 and bottomed at -$14.8 million in Q2 2026.
  • Historically, Change in Inventory has averaged -$2.7 million across 5 years, with a median of -$1.6 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Change in Inventory jumped 772.53% in 2023, then sank 89100.0% in 2025.
  • Over 5 years, Change in Inventory stood at -$1.3 million in 2022, then plunged by 495.34% to -$7.8 million in 2023, then soared by 86.77% to -$1.0 million in 2024, then slumped by 850.49% to -$9.8 million in 2025, then sank by 51.23% to -$14.8 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$14.8 million, -$8.3 million, and -$9.8 million for Q2 2026, Q1 2026, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Coeur Mining 20.88 Bn 19.83 Bn 535.85 Mn 24.46 Mn
2 Pan American Silver 19.31 Bn 17.74 Bn 457,000.00 -
3 Hecla Mining 13.39 Bn 12.90 Bn 332.52 Mn 15.37 Mn
4 First Majestic Silver 9.65 Bn 8.40 Bn 223.62 Mn -14.81 Mn
5 Endeavour Silver 2.98 Bn 2.74 Bn 74.00 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 -3.76 Mn
8 Vizsla Silver 1.36 Bn 1.36 Bn - -
9 New Pacific Metals 1.00 Bn 1.00 Bn - -
10 Santacruz Silver Mining 867.95 Mn 800.93 Mn 51.14 Mn -17.05 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.81 Mn
Mar 31, 2026 -8.31 Mn
Sep 30, 2025 -9.79 Mn
Jun 30, 2025 -837,000.00
Mar 31, 2025 158,000.00
Dec 31, 2024 -1.03 Mn
Sep 30, 2024 11,000.00
Jun 30, 2024 -534,000.00
Mar 31, 2024 -2.84 Mn
Dec 31, 2023 -7.79 Mn
Sep 30, 2023 -2.46 Mn
Jun 30, 2023 10.60 Mn
Mar 31, 2023 -5.62 Mn
Dec 31, 2022 -1.31 Mn
Sep 30, 2022 1.81 Mn
Jun 30, 2022 -1.58 Mn
Mar 31, 2022 -2.38 Mn
Dec 31, 2021 6.66 Mn
Sep 30, 2021 -15.20 Mn
Jun 30, 2021 2.74 Mn