First Majestic Silver AG
NYSE AG
$20.33 -0.85 (-3.99%)
As of: Sep 10, 2026 · 11:09 AM EDT

First Majestic Silver (AG) Deferred Taxes (2010 - 2026)

First Majestic Silver's (AG) quarterly Deferred Taxes came in at $68.1 million in Q2 2026, up 271.68% on a YoY basis from $18.3 million in Q2 2025, and down 27.2% quarter-over-quarter from $93.5 million in Q1 2026.

Analysis

First Majestic Silver (AG) Deferred Taxes (2010 - 2026) Analysis & Trends

First Majestic Silver (AG) has reported Deferred Taxes for 17 consecutive years, with $68.1 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Deferred Taxes rose 271.68% year-over-year to $68.1 million; the trailing twelve-month figure through Jun 2026 stood at $132.4 million (up 368.58% YoY), and the FY2025 full-year result was $184.1 million, up 144.0% from the prior year.
  • Deferred Taxes slipped to $68.1 million in Q2 2026 per AG's latest filing, from $93.5 million in the prior quarter.
  • Across five years, Deferred Taxes topped out at $93.5 million in Q1 2026 and bottomed at -$52.6 million in Q3 2023.
  • Historically, Deferred Taxes has averaged $6.1 million across 5 years, with a median of $3.0 million in 2022.
  • The sharpest annual moves came in 2022 and 2023: Deferred Taxes jumped 8124.87% in 2022, then sank 422.91% in 2023.
  • Over 5 years, Deferred Taxes stood at -$14.6 million in 2022, then plunged by 96.82% to -$28.8 million in 2023, then surged by 171.77% to $20.7 million in 2024, then plunged by 353.88% to -$52.5 million in 2025, then soared by 229.61% to $68.1 million in 2026.
  • According to Business Quant data, Deferred Taxes over the past three periods registered $68.1 million, $93.5 million, and -$52.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Coeur Mining 21.16 Bn 20.10 Bn 535.85 Mn -8.34 Mn
2 Pan American Silver 19.51 Bn 17.95 Bn 457,000.00 179.00 Mn
3 Hecla Mining 13.63 Bn 13.15 Bn 332.52 Mn -8.10 Mn
4 First Majestic Silver 9.75 Bn 8.50 Bn 223.62 Mn 68.07 Mn
5 Endeavour Silver 3.02 Bn 2.78 Bn 74.00 Mn 2.30 Mn
6 Silvercorp Metals 2.69 Bn 2.30 Bn 104.04 Mn 13.12 Mn
7 Americas Gold & Silver 1.39 Bn 1.30 Bn 22.23 Mn 4.84 Mn
8 Vizsla Silver 1.34 Bn 1.34 Bn - -
9 New Pacific Metals 1.01 Bn 1.01 Bn - -
10 Santacruz Silver Mining 885.91 Mn 818.90 Mn 51.14 Mn 36.07 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 68.07 Mn
Mar 31, 2026 93.50 Mn
Dec 31, 2025 -52.52 Mn
Sep 30, 2025 23.36 Mn
Jun 30, 2025 -39.65 Mn
Mar 31, 2025 22.81 Mn
Dec 31, 2024 20.69 Mn
Sep 30, 2024 24.41 Mn
Jun 30, 2024 30.51 Mn
Mar 31, 2024 -13.12 Mn
Dec 31, 2023 -28.82 Mn
Sep 30, 2023 -52.64 Mn
Jun 30, 2023 -10.35 Mn
Mar 31, 2023 -45.96 Mn
Dec 31, 2022 -14.64 Mn
Sep 30, 2022 16.30 Mn
Jun 30, 2022 78.71 Mn
Mar 31, 2022 -11.73 Mn
Dec 31, 2021 23.90 Mn
Sep 30, 2021 -8.07 Mn