First Majestic Silver (AG) Cost of Revenue (2010 - 2025)

First Majestic Silver (AG) has reported Cost of Revenue for 16 consecutive years, with $153.7 million the latest figure, recorded in Q4 2025.

• Cost of Revenue for Q4 2025 came in at $153.7 million, up 71.87% year-over-year; the trailing twelve-month figure through Dec 2025 was $543.7 million (up 57.72% YoY), and the FY2025 annual result was $543.7 million, up 57.72% from the prior year.
• Cost of Revenue was $153.7 million for Q4 2025 at First Majestic Silver, up from $131.1 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $320.7 million in Q3 2023 and troughed at -$139.1 million in Q4 2023.
• Average Cost of Revenue over 5 years is $112.4 million, with a median of $114.5 million recorded in 2022.
• Year-over-year, Cost of Revenue surged 265.76% in 2021 and slumped 210.25% in 2023.
• Over 5 years, Cost of Revenue stood at $121.2 million in 2021, then increased by 4.05% to $126.1 million in 2022, then plunged by 210.25% to -$139.1 million in 2023, then jumped by 164.3% to $89.4 million in 2024, then surged by 71.87% to $153.7 million in 2025.
• Per Business Quant data, the three most recent Cost of Revenue figures were $153.7 million in Q4 2025, $131.1 million in Q3 2025, and $141.1 million in Q2 2025.