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AG

First Majestic Silver Corp.

First Majestic Silver (AG) Q2 2026 earnings

Published Jul 30, 2026

AI summary

  • Revenue $416M, up 57% from $264M a year ago.
  • Adjusted EPS $0.21 missed the $0.25 consensus by $0.04, up from $0.04 a year ago.
  • Quarterly revenue rose 57% year-over-year to $415.5 million, driven by higher realized silver and gold prices.
  • Net earnings reached $109.4 million, or $0.22 per share, compared to $52.5 million in the prior year period.
  • The company generated $194.6 million in free cash flow and ended the quarter with a record $1.25 billion treasury.

Results vs analyst consensus

Revenue

Reported

$416M

Consensus not captured before release

Not verified against provider data.

+57% YoY

Adjusted EPS

Reported · adjusted EPS

$0.21

Consensus $0.25

Missed by $0.04

GAAP EPS: $0.22

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • Cash costs and AISC were impacted by a stronger Mexican peso and temporary operational disruptions at mine sites.
  • Revenue excludes $78 million in silver and gold bullion held in inventory at the end of the quarter.
  • Net earnings were impacted by a one-time $10.1 million tax expense related to a settled historic tax dispute.
Read original report

Source: First Majestic Silver Corp. press release · SEC Form 6-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.