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AG (First Majestic Silver Corp.) Stock Financials & Earnings | Market Cap Arena
AG
First Majestic Silver Corp.
Mkt Cap
$14B
Basic Materials
·
Silver
·
🇨🇦 Canada
·
NYSE
Revenue (TTM)
$1.3B
Net Income (TTM)
$174M
EPS (TTM)
$0.34
Free Cash Flow (TTM)
$351M
Gross Margin
35.5%
Op. Margin
29.0%
Net Margin
13.7%
FCF Margin
27.7%
P/S Ratio (TTM)
10.7x
P/E Ratio (TTM)
78.2x
YoY Rev Growth
+125.1%
Employees
—
Earnings Reports
▶
Q4 2025
Browse All Reports
Quarterly
FY
Revenue & Profitability
Revenue
Gross Profit
Operating Income
Quarter
Revenue
Gross Profit
Op. Income
Q1 23
$158M
-$6M
-$144M
Q2 23
$147M
$1M
-$19M
Q3 23
$134M
$13M
-$18M
Q4 23
$137M
$40M
$2M
Q1 24
$107M
-$321K
-$19M
Q2 24
$137M
$15M
-$14M
Q3 24
$147M
$29M
$4M
Q4 24
$173M
$48M
$26M
Q1 25
$246M
$64M
$36M
Q2 25
$265M
$49M
$39M
Q3 25
$287M
$99M
$79M
Q4 25
$471M
$238M
$213M
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Revenue Breakdown
AG
First Majestic Silver Corp.
Revenue Breakdown
Q4 2025
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Valuation
P/S Ratio
P/E Ratio
Quarter
P/S
P/E
Q1 23
21.8x
—
Q2 23
22.2x
—
Q3 23
23.2x
—
Q4 23
23.7x
—
Q1 24
26.0x
—
Q2 24
26.5x
—
Q3 24
25.8x
—
Q4 24
24.2x
—
Q1 25
19.4x
—
Q2 25
16.4x
598.8x
Q3 25
14.0x
178.5x
Q4 25
10.7x
78.2x
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Operating Cash Flow
Operating Cash Flow
Free Cash Flow
Quarter
Operating CF
Free CF
Q1 23
-$5M
-$54M
Q2 23
$20M
-$17M
Q3 23
$20M
-$14M
Q4 23
$25M
-$1M
Q1 24
$12M
-$18M
Q2 24
$17M
-$10M
Q3 24
$41M
$8M
Q4 24
$82M
$57M
Q1 25
$55M
-$6M
Q2 25
$90M
$41M
Q3 25
$113M
$55M
Q4 25
$309M
$261M
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Capital Expenditures
CapEx
Quarter
CapEx
Q1 23
$49M
Q2 23
$37M
Q3 23
$34M
Q4 23
$26M
Q1 24
$31M
Q2 24
$27M
Q3 24
$33M
Q4 24
$25M
Q1 25
$61M
Q2 25
$50M
Q3 25
$57M
Q4 25
$48M
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OpEx vs Revenue Growth (YoY)
Revenue Growth
OpEx Growth
Quarter
Revenue Growth
OpEx Growth
Q1 23
+0.5%
+89.4%
Q2 23
-7.6%
+6.5%
Q3 23
-16.2%
-13.2%
Q4 23
-7.6%
-22.3%
Q1 24
-32.4%
-58.3%
Q2 24
-7.2%
-9.1%
Q3 24
+9.9%
-6.0%
Q4 24
+26.6%
+9.8%
Q1 25
+130.9%
+67.3%
Q2 25
+93.6%
+49.1%
Q3 25
+95.1%
+45.5%
Q4 25
+171.8%
+74.4%
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Stock-Based Compensation
SBC ($)
% of Revenue
Quarter
SBC ($)
% of Revenue
Q1 23
$4M
2.7%
Q2 23
$3M
2.3%
Q3 23
$3M
2.1%
Q4 23
$0
0.0%
Q1 24
$4M
3.7%
Q2 24
$3M
2.3%
Q3 24
$3M
1.8%
Q4 24
$3M
1.5%
Q1 25
$5M
1.8%
Q2 25
$3M
1.1%
Q3 25
$3M
0.9%
Q4 25
$0
0.0%
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OpEx Breakdown
G&A
S&M
SG&A
Quarter
G&A
S&M
SG&A
Q1 23
$13M
—
—
Q2 23
$15M
—
—
Q3 23
$13M
—
—
Q4 23
$8M
$2M
—
Q1 24
$13M
—
—
Q2 24
$13M
—
—
Q3 24
$12M
—
—
Q4 24
$14M
—
—
Q1 25
$18M
—
—
Q2 25
$16M
—
—
Q3 25
$15M
—
—
Q4 25
—
—
$25M
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War Chest
Cash & Equivalents
Short-Term Investments
Quarter
Cash
Short-term Investments
Total
Q1 23
$105M
$69M
$174M
Q2 23
$160M
$52M
$212M
Q3 23
$138M
$55M
$193M
Q4 23
$126M
$62M
$188M
Q1 24
$102M
$52M
$154M
Q2 24
$152M
$58M
$211M
Q3 24
$155M
$64M
$219M
Q4 24
$202M
$50M
$252M
Q1 25
$351M
$66M
$417M
Q2 25
$385M
$82M
$467M
Q3 25
$435M
$140M
$575M
Q4 25
$792M
$180M
$972M
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Shares Outstanding
Shares Outstanding
Quarter
Shares (Diluted)
QoQ Change
Q1 23
274M
+2.8%
Q2 23
281M
+2.5%
Q3 23
287M
+2.1%
Q4 23
287M
+0.0%
Q1 24
287M
+0.1%
Q2 24
292M
+1.7%
Q3 24
301M
+3.1%
Q4 24
302M
+0.3%
Q1 25
456M
+51.2%
Q2 25
489M
+7.0%
Q3 25
493M
+0.8%
Q4 25
491M
-0.3%
marketcaparena.com