First Majestic Silver Corp revenue

First Majestic Silver Corp's revenue was $1.26bn in fiscal 2025, up 124.3% on the year before. Since fiscal 2016 ($278m) it has grown at a compound 18.3% a year.

Revenue history

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

First Majestic Silver Corp: revenue history, 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
Growth on the year before	—	−9.3%	+19.3%	+20.9%	−0.0%	+60.5%	+6.9%	−8.1%	−2.3%	+124.3%
Gross profit	49	16	82	132	170	218	153	164	216	713
Gross margin	17.7%	6.3%	27.2%	36.2%	46.6%	37.3%	24.4%	28.5%	38.5%	56.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Silver: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
First Majestic Silver Corp	$1.26bn	124.3%	—
Compass Minerals International Inc	$1.29bn	5.5%	1.9%
Metallus Inc.	$1.22bn	16.1%	-0.5%
Ferroglobe PLC	$1.34bn	-18.8%	—
Hawkins Inc	$1.14bn	9.0%	6.8%
Balchem Corp	$1.11bn	9.4%	6.2%

Compare with peers

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More: Silver stocks compared, Materials sector, rankings of US companies

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.