First Majestic Silver (AG) Operating Income (2010 - 2025)
First Majestic Silver (AG) posted Operating Income of $243.2 million for Q4 2025, up 208.48% quarter-over-quarter from $78.8 million in Q3 2025, and up 847.9% year-on-year from $25.7 million in Q4 2024.
First Majestic Silver (AG) Operating Income (2010 - 2025) Analysis & Trends
First Majestic Silver (AG) has reported Operating Income for 16 consecutive years, with $243.2 million the latest figure, recorded in Q4 2025.
- Operating Income for Q4 2025 came in at $243.2 million, up 847.9% year-over-year; the trailing twelve-month figure through Dec 2025 was $397.1 million (up 10674.35% YoY), and the FY2025 annual result was $397.1 million, up 10674.35% from the prior year.
- Operating Income was $243.2 million for Q4 2025 at First Majestic Silver, up from $78.8 million in the prior quarter.
- Over five years, Operating Income peaked at $243.2 million in Q4 2025 and troughed at -$181.2 million in Q3 2023.
- Average Operating Income over 5 years is $3.0 million, with a median of $1.7 million recorded in 2022.
- Year-over-year, Operating Income jumped 3831.47% in 2021 and tumbled 5689.8% in 2023.
- Over 5 years, Operating Income stood at $28.3 million in 2021, then plunged by 187.86% to -$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.
- Per Business Quant data, the three most recent Operating Income figures were $243.2 million in Q4 2025, $78.8 million in Q3 2025, and $39.5 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | First Majestic Silver | 8.16 Bn | 7.60 Bn | 237.81 Mn | 243.23 Mn |
| 2 | Endeavour Silver | 2.36 Bn | 2.12 Bn | 93.50 Mn | 83.80 Mn |
| 3 | Silvercorp Metals | 2.21 Bn | 1.95 Bn | 99.96 Bn | 209.29 Mn |
| 4 | New Pacific Metals | 738.90 Mn | 698.64 Mn | - | - |
| 5 | Highlander Silver | 686.31 Mn | 583.11 Mn | 74,000.00 | 20.50 Mn |
| 6 | Bunker Hill Mining | 147.77 Mn | 147.77 Mn | - | -3.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Mar 31, 2021 | 15.49 Mn |