First Majestic Silver (AG) Net Income (2010 - 2025)

First Majestic Silver (AG) reported Net Income of $45.6 million for Q4 2025, up 438.52% on a YoY basis from $8.5 million in Q4 2024, and down 58.53% quarter-over-quarter from $110.0 million in Q3 2025.

First Majestic Silver (AG) Net Income (2010 - 2025) Analysis & Trends

First Majestic Silver has reported Net Income for 16 years, with the latest figure at $45.6 million in Q4 2025.

  • For the quarter ending Q4 2025, Net Income rose 438.52% year-over-year to $45.6 million; the trailing twelve-month figure through Dec 2025 stood at $255.2 million (up 247.55% YoY), and the FY2025 full-year result was $211.0 million, up 307.07% from the prior year.
  • Net Income for Q4 2025 stood at $45.6 million, down from $110.0 million in the prior quarter.
  • The five-year high for Net Income was $110.0 million in Q3 2025, with the low at -$146.7 million in Q1 2023.
  • Historically, Net Income has averaged -$14.0 million across 5 years, with a median of -$16.4 million in 2022.
  • Annual changes were most pronounced in 2022 — Net Income plunged 1448.9% — and 2025, when it soared 438.52%.
  • First Majestic Silver's Net Income stood at -$4.0 million in 2021, then tumbled by 323.55% to -$16.8 million in 2022, then soared by 160.83% to $10.2 million in 2023, then plunged by 231.74% to -$13.5 million in 2024, then soared by 438.52% to $45.6 million in 2025.
  • The last three Net Income figures came in at $45.6 million (Q4 2025), $110.0 million (Q3 2025), and $85.6 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 First Majestic Silver 54.32 Bn 53.75 Bn -65.31 Mn 45.63 Mn
2 Silvercorp Metals 2.47 Bn 2.11 Bn 77.07 Mn 74.53 Mn
3 Highlander Silver 1.88 Bn 1.80 Bn 74,000.00 20.57 Mn
4 Endeavour Silver 1,974.55 -232.10 Mn 93.50 Mn 52.10 Mn
5 New Pacific Metals 91.50 -41.94 Mn - -
6 Bunker Hill Mining - - - 20.12 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 45.63 Mn
Sep 30, 2025 110.03 Mn
Jun 30, 2025 85.63 Mn
Mar 31, 2025 13.96 Mn
Dec 31, 2024 -13.48 Mn
Sep 30, 2024 -71.02 Mn
Jun 30, 2024 -64.16 Mn
Mar 31, 2024 -24.34 Mn
Dec 31, 2023 10.23 Mn
Sep 30, 2023 -23.42 Mn
Jun 30, 2023 -27.88 Mn
Mar 31, 2023 -146.69 Mn
Dec 31, 2022 -16.82 Mn
Sep 30, 2022 -34.43 Mn
Jun 30, 2022 -84.05 Mn
Mar 31, 2022 -15.94 Mn
Dec 31, 2021 -3.97 Mn
Sep 30, 2021 -26.48 Mn
Jun 30, 2021 6.23 Mn
Mar 31, 2021 1.86 Mn