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
DateValue
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