First Majestic Silver Corp income statement

In fiscal 2025, First Majestic Silver Corp reported revenue of $1.26bn, up 124.3% on the year before, operating income of $397m (a 31.6% margin) and net income of $165m, or $0.34 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

First Majestic Silver Corp: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	278	252	301	364	364	584	624	574	561	1,257
Cost of revenue	149	159	219	232	194	366	472	410	345	544
Gross profit	49	16	82	132	170	218	153	164	216	713
Operating income	28	−71	−249	−32	40	49	−39	−179	−4	397
Interest expense	2	3	11	12	12	13	13	15	15	15
Income before tax	25	−75	−263	−39	30	25	−61	−196	−26	395
Income tax	17	−22	−59	1	7	30	53	−61	75	184
Net income	9	−53	−204	−40	23	−5	−114	−135	−102	165
Diluted EPS	$0.05	−$0.32	−$1.11	−$0.20	$0.11	−$0.02	−$0.43	−$0.48	−$0.34	$0.34
Diluted shares (average)	164m	165m	184m	202m	216m	245m	263m	282m	296m	485m
EBITDA	108	6	−156	34	95	166	97	−54	120	661

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from First Majestic Silver Corp's SEC filings (10-K and 10-Q), retrieved November 2, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to First Majestic Silver Corp.