First Majestic Silver (AG) Deferred Taxes (2010 - 2025)
First Majestic Silver (AG) posted Deferred Taxes of -$52.5 million for Q4 2025, down 1035.52% quarter-over-quarter from -$4.6 million in Q3 2025, and down 386.36% year-on-year from $18.3 million in Q4 2024.
First Majestic Silver (AG) Deferred Taxes (2010 - 2025) Analysis & Trends
First Majestic Silver (AG) has reported Deferred Taxes for 15 consecutive years, with -$52.5 million the latest figure, recorded in Q4 2025.
- Deferred Taxes for Q4 2025 came in at -$52.5 million, down 386.36% year-over-year; the trailing twelve-month figure through Dec 2025 was -$78.5 million (down 5109.64% YoY), and the FY2025 annual result was -$89.1 million, down 791745.19% from the prior year.
- Deferred Taxes was -$52.5 million for Q4 2025 at First Majestic Silver, down from -$4.6 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $30.0 million in Q2 2022 and troughed at -$56.4 million in Q2 2023.
- Average Deferred Taxes over 5 years is -$9.6 million, with a median of -$3.2 million recorded in 2021.
- Year-over-year, Deferred Taxes jumped 301.94% in 2022 and slumped 422.91% in 2023.
- Over 5 years, Deferred Taxes stood at -$8.1 million in 2021, then soared by 301.94% to $16.3 million in 2022, then plunged by 422.91% to -$52.6 million in 2023, then jumped by 134.84% to $18.3 million in 2024, then slumped by 386.36% to -$52.5 million in 2025.
- Per Business Quant data, the three most recent Deferred Taxes figures were -$52.5 million in Q4 2025, -$4.6 million in Q3 2025, and -$39.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 8.16 Bn | 7.60 Bn | 237.81 Mn | -52.52 Mn |
| 2 | Endeavour Silver | 2.36 Bn | 2.12 Bn | 93.50 Mn | -12.80 Mn |
| 3 | Silvercorp Metals | 2.21 Bn | 1.95 Bn | 99.96 Bn | - |
| 4 | New Pacific Metals | 738.90 Mn | 698.64 Mn | - | - |
| 5 | Highlander Silver | 686.31 Mn | 583.11 Mn | 74,000.00 | - |
| 6 | Bunker Hill Mining | 147.77 Mn | 147.77 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -52.52 Mn |
| Sep 30, 2025 | -4.63 Mn |
| Jun 30, 2025 | -39.65 Mn |
| Dec 31, 2024 | 18.34 Mn |
| Sep 30, 2024 | 13.24 Mn |
| Jun 30, 2024 | 22.64 Mn |
| Dec 31, 2023 | 109.01 Mn |
| Sep 30, 2023 | -52.64 Mn |
| Jun 30, 2023 | -56.37 Mn |
| Sep 30, 2022 | 16.30 Mn |
| Jun 30, 2022 | 30.04 Mn |
| Sep 30, 2021 | -8.07 Mn |
| Mar 31, 2021 | -1.83 Mn |
| Dec 31, 2020 | -9.37 Mn |
| Sep 30, 2020 | 9.55 Mn |
| Jun 30, 2020 | -6.25 Mn |
| Mar 31, 2020 | 4.57 Mn |
| Jun 30, 2019 | 4.22 Mn |
| Dec 31, 2017 | -29.21 Mn |
| Sep 30, 2017 | -577,000.00 |