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
DateValue
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