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
DateValue
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