First Majestic Silver (AG) EBITDA (2010 - 2026)
First Majestic Silver's (AG) quarterly EBITDA came in at $197.5 million in Q2 2026, up 400.34% on a YoY basis from $39.5 million in Q2 2025, and down 16.65% quarter-over-quarter from $237.0 million in Q1 2026.
Analysis
First Majestic Silver (AG) EBITDA (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has reported EBITDA for 17 consecutive years, with $197.5 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA rose 400.34% year-over-year to $197.5 million; the trailing twelve-month figure through Jun 2026 stood at $756.6 million (up 621.99% YoY), and the FY2025 full-year result was $397.1 million, up 10674.35% from the prior year.
- EBITDA slipped to $197.5 million in Q2 2026 per AG's latest filing, from $237.0 million in the prior quarter.
- Across five years, EBITDA topped out at $243.2 million in Q4 2025 and bottomed at -$144.2 million in Q1 2023.
- Historically, EBITDA has averaged $33.9 million across 5 years, with a median of $2.9 million in 2022.
- The sharpest annual moves came in 2023 and 2025: EBITDA slumped 5689.8% in 2023, then soared 1801.76% in 2025.
- Over 5 years, EBITDA stood at -$24.8 million in 2022, then soared by 109.76% to $2.4 million in 2023, then soared by 958.58% to $25.7 million in 2024, then jumped by 847.9% to $243.2 million in 2025, then fell by 18.78% to $197.5 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered $197.5 million, $237.0 million, and $243.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Coeur Mining | 21.60 Bn | 20.55 Bn | 535.85 Mn | 216.51 Mn |
| 2 | Pan American Silver | 20.16 Bn | 18.60 Bn | 457,000.00 | 497,000.00 |
| 3 | Hecla Mining | 13.94 Bn | 13.46 Bn | 332.52 Mn | 145.70 Mn |
| 4 | First Majestic Silver | 10.14 Bn | 8.89 Bn | 223.62 Mn | 197.54 Mn |
| 5 | Endeavour Silver | 3.15 Bn | 2.92 Bn | 74.00 Mn | 110.90 Mn |
| 6 | Silvercorp Metals | 2.75 Bn | 2.37 Bn | 104.04 Mn | 84.75 Mn |
| 7 | Americas Gold & Silver | 1.43 Bn | 1.34 Bn | 22.23 Mn | 31.29 Mn |
| 8 | Vizsla Silver | 1.39 Bn | 1.39 Bn | - | -10.69 Mn |
| 9 | New Pacific Metals | 1.05 Bn | 1.05 Bn | - | - |
| 10 | Santacruz Silver Mining | 935.33 Mn | 868.31 Mn | 51.14 Mn | 79.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 197.54 Mn |
| Mar 31, 2026 | 237.00 Mn |
| Dec 31, 2025 | 243.23 Mn |
| Sep 30, 2025 | 78.85 Mn |
| Jun 30, 2025 | 39.48 Mn |
| Mar 31, 2025 | 35.51 Mn |
| Dec 31, 2024 | 25.66 Mn |
| Sep 30, 2024 | 4.15 Mn |
| Jun 30, 2024 | -14.32 Mn |
| Mar 31, 2024 | -19.24 Mn |
| Dec 31, 2023 | 2.42 Mn |
| Sep 30, 2023 | -18.13 Mn |
| Jun 30, 2023 | -18.85 Mn |
| Mar 31, 2023 | -144.22 Mn |
| Dec 31, 2022 | -24.84 Mn |
| Sep 30, 2022 | -15.28 Mn |
| Jun 30, 2022 | 3.42 Mn |
| Mar 31, 2022 | -2.49 Mn |
| Dec 31, 2021 | 28.27 Mn |
| Sep 30, 2021 | -10.91 Mn |