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% YoY from $39.5 million in Q2 2025, and down 18.78% on a QoQ basis from $243.2 million in Q4 2025.
First Majestic Silver (AG) EBITDA (2010 - 2026) Analysis & Trends
First Majestic Silver (AG) has 17 years of EBITDA data on file, last reported at $197.5 million in Q2 2026.
- Quarterly EBITDA rose 400.34% year-over-year to $197.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $559.1 million (up 433.51% YoY) and the FY2025 annual result came in at $397.1 million, up 10674.35% from the prior year.
- EBITDA declined to $197.5 million in Q2 2026, from $243.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $243.2 million in Q4 2025 to a low of -$144.2 million in Q1 2023.
- A 5-year average of $21.9 million and a median of $2.4 million in 2023 frame the typical range for EBITDA.
- Annual changes were most pronounced in 2023 — EBITDA sank 5689.8% — and 2025, when it surged 1801.76%.
- Tracing AG's EBITDA over 5 years: stood at -$24.8 million in 2022, then jumped by 109.76% to $2.4 million in 2023, then jumped by 958.58% to $25.7 million in 2024, then surged by 847.9% to $243.2 million in 2025, then dropped by 18.78% to $197.5 million in 2026.
- The last three EBITDA figures came in at $197.5 million (Q2 2026), $243.2 million (Q4 2025), and $78.8 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 10.46 Bn | 9.21 Bn | 223.62 Mn | 197.54 Mn |
| 2 | Endeavour Silver | 3.24 Bn | 3.01 Bn | 74.00 Mn | 110.90 Mn |
| 3 | Silvercorp Metals | 2.80 Bn | 2.41 Bn | 84.75 Mn | 82.07 Mn |
| 4 | New Pacific Metals | 1.26 Bn | 1.22 Bn | - | - |
| 5 | Highlander Silver | 1.08 Bn | 978.81 Mn | 491,000.00 | 17.98 Mn |
| 6 | Bunker Hill Mining | 181.61 Mn | 181.61 Mn | - | -4.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 197.54 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 |
| Jun 30, 2021 | 16.35 Mn |