First Majestic Silver revenue and financials

AG · TSX · CAD

$24.96Change from previous close: −0.04%Absolute change: −$0.01

Close · October 6, 2026

In the fiscal year ended December 2025, First Majestic Silver reported revenue of $1.26B (+124.25% year over year). Net income was $164.92M, a net margin of 13.1%.

Annual revenue · 2025: $1.26B
  1. $584.12M2021
  2. $624.22M2022
  3. $573.8M2023
  4. $560.6M2024
  5. $1.26B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+124.25%
2025 vs 2024
Net margin
13.1%
2024: -18.2%

Financial data

Amounts in millions of USD; per-share values in USD; shares in millions.

Cash flow · Annual
Item20252024202320222021
Operating cash flow52615255.619.068.7
Depreciation and amortization259135134144122
Capital expenditure-211-115-146-218-189
Investing cash flow-28.2-114-154-214-181
Financing cash flow88.642.464.6114112
Dividends paid-9.8-5.3-5.9-6.9-3.9
Share repurchases-8.7-0.30.0-0.7-0.0
Debt issued3400.00.050.0—
Debt repaid-274-37.3-15.2-43.5—
Effect of exchange rates4.8-3.62.7-0.3-0.4
Net change in cash59176.6-25.9-86.5-0.7
Free cash flow31536.8-90.4-199-120
Levered free cash flow50355.0-84.1-160-9.8