First Majestic Silver (AG) Inventory (2009 - 2025)

First Majestic Silver (AG) reported Inventory of $84.8 million for Q4 2025, up 35.55% on a YoY basis from $62.5 million in Q4 2024, and down 11.93% quarter-over-quarter from $96.2 million in Q3 2025.

First Majestic Silver (AG) Inventory (2009 - 2025) Analysis & Trends

First Majestic Silver has reported Inventory for 17 years, with the latest figure at $84.8 million in Q4 2025.

  • For the quarter ending Q4 2025, Inventory rose 35.55% year-over-year to $84.8 million; the trailing twelve-month figure through Dec 2025 stood at $84.8 million (up 35.55% YoY), and the FY2025 full-year result was $84.8 million, up 35.55% from the prior year.
  • Inventory for Q4 2025 stood at $84.8 million, down from $96.2 million in the prior quarter.
  • The five-year high for Inventory was $96.2 million in Q3 2025, with the low at -$5273.0 in Q4 2023.
  • Historically, Inventory has averaged $61.6 million across 5 years, with a median of $65.1 million in 2022.
  • Annual changes were most pronounced in 2023 — Inventory plunged 100.01% — and 2024, when it soared 1185838.67%.
  • First Majestic Silver's Inventory stood at $60.6 million in 2021, then increased by 6.84% to $64.8 million in 2022, then sank by 100.01% to -$5273.0 in 2023, then soared by 1185838.67% to $62.5 million in 2024, then soared by 35.55% to $84.8 million in 2025.
  • The last three Inventory figures came in at $84.8 million (Q4 2025), $96.2 million (Q3 2025), and $83.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 First Majestic Silver 54.32 Bn 53.75 Bn -65.31 Mn 84.75 Mn
2 Silvercorp Metals 2.47 Bn 2.11 Bn 77.07 Mn 12.32 Mn
3 Highlander Silver 1.88 Bn 1.80 Bn 74,000.00 3.99 Mn
4 Endeavour Silver 1,974.55 -232.10 Mn 93.50 Mn 75.60 Mn
5 New Pacific Metals 91.50 -41.94 Mn - -
6 Bunker Hill Mining - - - 341,004.00

Historic Data

Download Data
DateValue
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 -5,273.00
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
Jun 30, 2021 52.22 Mn
Mar 31, 2021 36.08 Mn