First Majestic Silver (AG) Operating Expenses (2010 - 2025)

First Majestic Silver has reported Operating Expenses for 16 years, with the latest figure at -$34.6 million in Q4 2025.

• For the quarter ending Q4 2025, Operating Expenses fell 403.41% year-over-year to -$34.6 million; the trailing twelve-month figure through Dec 2025 stood at $55.9 million (up 41.3% YoY), and the FY2025 full-year result was $55.9 million, up 24951.6% from the prior year.
• Operating Expenses for Q4 2025 stood at -$34.6 million, down from $41.5 million in the prior quarter.
• The five-year high for Operating Expenses was $41.5 million in Q3 2025, with the low at -$34.6 million in Q4 2025.
• Historically, Operating Expenses has averaged $10.0 million across 5 years, with a median of $9.3 million in 2022.
• The largest YoY upside for Operating Expenses was 339.16% in 2025 against a maximum downside of 403.41% in 2025.
• First Majestic Silver's Operating Expenses stood at $7.0 million in 2021, then gained by 16.46% to $8.2 million in 2022, then slipped by 0.2% to $8.1 million in 2023, then surged by 40.03% to $11.4 million in 2024, then plunged by 403.41% to -$34.6 million in 2025.
• The last three Operating Expenses figures came in at -$34.6 million (Q4 2025), $41.5 million (Q3 2025), and $30.8 million (Q2 2025), per Business Quant data.