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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |