First Majestic Silver (AG) Deferred Taxes (2010 - 2025)
First Majestic Silver (AG) reported Deferred Taxes of -$52.5 million for Q4 2025, down 386.36% on a YoY basis from $18.3 million in Q4 2024, and down 43.69% quarter-over-quarter from -$36.6 million in Q3 2025.
First Majestic Silver (AG) Deferred Taxes (2010 - 2025) Analysis & Trends
First Majestic Silver has reported Deferred Taxes for 16 years, with the latest figure at -$52.5 million in Q4 2025.
- For the quarter ending Q4 2025, Deferred Taxes fell 386.36% year-over-year to -$52.5 million; the trailing twelve-month figure through Dec 2025 stood at -$113.3 million (down 360.79% YoY), and the FY2025 full-year result was -$89.1 million, down 791745.19% from the prior year.
- Deferred Taxes for Q4 2025 stood at -$52.5 million, down from -$36.6 million in the prior quarter.
- The five-year high for Deferred Taxes was $53.3 million in Q2 2022, with the low at -$52.5 million in Q4 2025.
- Historically, Deferred Taxes has averaged -$8.4 million across 5 years, with a median of -$9.9 million in 2021.
- The largest YoY upside for Deferred Taxes was 668.55% in 2022 against a maximum downside of 12716.03% in 2022.
- First Majestic Silver's Deferred Taxes stood at $156000.0 in 2021, then tumbled by 12716.03% to -$19.7 million in 2022, then slipped by 12.62% to -$22.2 million in 2023, then jumped by 182.75% to $18.3 million in 2024, then tumbled by 386.36% to -$52.5 million in 2025.
- The last three Deferred Taxes figures came in at -$52.5 million (Q4 2025), -$36.6 million (Q3 2025), and -$31.9 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 54.32 Bn | 53.75 Bn | -65.31 Mn | -52.52 Mn |
| 2 | Silvercorp Metals | 2.47 Bn | 2.11 Bn | 77.07 Mn | - |
| 3 | Highlander Silver | 1.88 Bn | 1.80 Bn | 74,000.00 | - |
| 4 | Endeavour Silver | 1,974.55 | -232.10 Mn | 93.50 Mn | -12.80 Mn |
| 5 | New Pacific Metals | 91.50 | -41.94 Mn | - | - |
| 6 | Bunker Hill Mining | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -52.52 Mn |
| Sep 30, 2025 | -36.55 Mn |
| Jun 30, 2025 | -31.93 Mn |
| Mar 31, 2025 | 7.72 Mn |
| Dec 31, 2024 | 18.34 Mn |
| Sep 30, 2024 | 13.24 Mn |
| Jun 30, 2024 | 22.64 Mn |
| Mar 31, 2024 | -10.78 Mn |
| Dec 31, 2023 | -22.16 Mn |
| Sep 30, 2023 | 3.73 Mn |
| Jun 30, 2023 | -10.35 Mn |
| Mar 31, 2023 | -46.03 Mn |
| Dec 31, 2022 | -19.68 Mn |
| Sep 30, 2022 | -13.73 Mn |
| Jun 30, 2022 | 53.26 Mn |
| Mar 31, 2022 | -23.23 Mn |
| Dec 31, 2021 | 156,000.00 |
| Sep 30, 2021 | -8.07 Mn |
| Jun 30, 2021 | -9.37 Mn |
| Mar 31, 2021 | -1.83 Mn |