First Majestic Silver AG
NYSE AG
$21.17 +0.42 (+2.02%)
As of: Sep 9, 2026 · 3:59 PM EDT

First Majestic Silver (AG) Inventory (2009 - 2026)

First Majestic Silver's (AG) quarterly Inventory came in at $106.5 million in Q2 2026, up 28.32% on a YoY basis from $83.0 million in Q2 2025, and up 18.34% quarter-over-quarter from $90.0 million in Q1 2026.

Analysis

First Majestic Silver (AG) Inventory (2009 - 2026) Analysis & Trends

First Majestic Silver (AG) has reported Inventory for 18 consecutive years, with $106.5 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Inventory rose 28.32% year-over-year to $106.5 million; the trailing twelve-month figure through Jun 2026 stood at $106.5 million (up 28.32% YoY), and the FY2025 full-year result was $84.8 million, up 35.55% from the prior year.
  • Inventory grew to $106.5 million in Q2 2026 per AG's latest filing, from $90.0 million in the prior quarter.
  • Across five years, Inventory topped out at $106.5 million in Q2 2026 and bottomed at $16.2 million in Q3 2024.
  • Historically, Inventory has averaged $68.0 million across 5 years, with a median of $67.1 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Inventory slumped 74.68% in 2023, then surged 494.76% in 2025.
  • Over 5 years, Inventory stood at $64.8 million in 2022, then plunged by 74.68% to $16.4 million in 2023, then surged by 281.31% to $62.5 million in 2024, then surged by 35.55% to $84.8 million in 2025, then gained by 25.65% to $106.5 million in 2026.
  • According to Business Quant data, Inventory over the past three periods registered $106.5 million, $90.0 million, and $84.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Coeur Mining 21.86 Bn 20.80 Bn 535.85 Mn 383.42 Mn
2 Pan American Silver 21.66 Bn 20.09 Bn 457,000.00 644.00 Mn
3 Hecla Mining 13.89 Bn 13.40 Bn 332.52 Mn 59.91 Mn
4 First Majestic Silver 10.30 Bn 9.46 Bn 223.62 Mn 106.49 Mn
5 Endeavour Silver 2.92 Bn 2.68 Bn 74.00 Mn 71.30 Mn
6 Silvercorp Metals 2.75 Bn 2.56 Bn 104.04 Mn 5.97 Mn
7 Americas Gold & Silver 1.72 Bn 1.63 Bn 22.23 Mn 16.55 Mn
8 Vizsla Silver 1.41 Bn 1.41 Bn - -
9 New Pacific Metals 1.06 Bn 1.06 Bn - -
10 Santacruz Silver Mining 918.47 Mn 851.45 Mn 51.14 Mn 71.88 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 106.49 Mn
Mar 31, 2026 89.99 Mn
Dec 31, 2025 84.75 Mn
Sep 30, 2025 96.23 Mn
Jun 30, 2025 82.99 Mn
Mar 31, 2025 83.40 Mn
Dec 31, 2024 62.52 Mn
Sep 30, 2024 16.18 Mn
Jun 30, 2024 68.49 Mn
Mar 31, 2024 67.69 Mn
Dec 31, 2023 16.40 Mn
Sep 30, 2023 60.56 Mn
Jun 30, 2023 57.95 Mn
Mar 31, 2023 71.05 Mn
Dec 31, 2022 64.76 Mn
Sep 30, 2022 63.01 Mn
Jun 30, 2022 66.61 Mn
Mar 31, 2022 65.37 Mn
Dec 31, 2021 60.61 Mn
Sep 30, 2021 71.76 Mn