First Majestic Silver (AG) Change in Taxes (2010 - 2025)
First Majestic Silver (AG) posted Change in Taxes of $156.4 million for Q4 2025, up 569.83% quarter-over-quarter from $23.4 million in Q3 2025, and up 365.2% year-on-year from $33.6 million in Q4 2024.
First Majestic Silver (AG) Change in Taxes (2010 - 2025) Analysis & Trends
First Majestic Silver (AG) has reported Change in Taxes for 16 consecutive years, with $156.4 million the latest figure, recorded in Q4 2025.
- Change in Taxes for Q4 2025 came in at $156.4 million, up 365.2% year-over-year; the trailing twelve-month figure through Dec 2025 was $184.1 million (up 144.0% YoY), and the FY2025 annual result was $184.1 million, up 144.0% from the prior year.
- Change in Taxes was $156.4 million for Q4 2025 at First Majestic Silver, up from $23.4 million in the prior quarter.
- Over five years, Change in Taxes peaked at $156.4 million in Q4 2025 and troughed at -$46.0 million in Q1 2023.
- Average Change in Taxes over 5 years is $17.1 million, with a median of $5.1 million recorded in 2021.
- Year-over-year, Change in Taxes surged 8124.87% in 2022 and plunged 291.7% in 2023.
- Over 5 years, Change in Taxes stood at $23.9 million in 2021, then sank by 161.27% to -$14.6 million in 2022, then jumped by 423.84% to $47.4 million in 2023, then fell by 29.08% to $33.6 million in 2024, then surged by 365.2% to $156.4 million in 2025.
- Per Business Quant data, the three most recent Change in Taxes figures were $156.4 million in Q4 2025, $23.4 million in Q3 2025, and -$18.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 8.16 Bn | 7.60 Bn | 237.81 Mn | 156.45 Mn |
| 2 | Endeavour Silver | 2.36 Bn | 2.12 Bn | 93.50 Mn | - |
| 3 | Silvercorp Metals | 2.21 Bn | 1.95 Bn | 99.96 Bn | 19.64 Mn |
| 4 | New Pacific Metals | 738.90 Mn | 698.64 Mn | - | - |
| 5 | Highlander Silver | 686.31 Mn | 583.11 Mn | 74,000.00 | 3.14 Mn |
| 6 | Bunker Hill Mining | 147.77 Mn | 147.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 156.45 Mn |
| Dec 31, 2025 | 156.45 Mn |
| Sep 30, 2025 | 23.36 Mn |
| Sep 30, 2025 | 23.36 Mn |
| Jun 30, 2025 | -18.56 Mn |
| Jun 30, 2025 | -18.56 Mn |
| Mar 31, 2025 | 22.81 Mn |
| Mar 31, 2025 | 22.81 Mn |
| Dec 31, 2024 | 33.63 Mn |
| Dec 31, 2024 | 33.63 Mn |
| Sep 30, 2024 | 24.41 Mn |
| Sep 30, 2024 | 24.41 Mn |
| Jun 30, 2024 | 30.51 Mn |
| Jun 30, 2024 | 30.51 Mn |
| Mar 31, 2024 | -13.12 Mn |
| Mar 31, 2024 | -13.12 Mn |
| Dec 31, 2023 | 47.42 Mn |
| Dec 31, 2023 | 47.42 Mn |
| Sep 30, 2023 | 3.55 Mn |
| Sep 30, 2023 | 3.55 Mn |