Filing Flows › First Majestic Silver (AG) › Q1 2025 › vs Q1 2024
First Majestic Silver (AG) Q1 2025 vs Q1 2024 (year over year)
First Majestic Silver's revenue rose $138M (+130%) from $106M in Q1 2024 to $244M in Q1 2025. Operating margin 2.6% against -12.8% (+15.4 pts).
First Majestic Silver, Q1 2025: revenue $244M (+130% year over year), operating margin 2.6%, net earnings $2.3M. The chart draws each line against Q1 2024, the increases inside each band.
Margins
| Q1 2025 | Q1 2024 | Change | |
|---|---|---|---|
| Operating margin | 2.6% | -12.8% | +15.4 pts |
| Net margin | 0.9% | -12.8% | +13.7 pts |
Every line
| Line | Q1 2025 | Q1 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $244M | $106M | $138M | +130% |
| Operating profit | $6.2M | −$13.6M | $19.8M | — |
| Costs & expenses | $238M | $120M | $118M | +99% |
| Pre-tax earnings | $6.2M | −$13.6M | $19.8M | — |
| Cost of revenue | $118M | $80.5M | $37.2M | +46% |
| General & admin | $12.7M | $9.2M | $3.5M | +38% |
| Other operating costs | $107M | $29.8M | $77.4M | +259% |
| Net earnings | $2.3M | −$13.6M | $15.8M | — |
| Minority interests | $4.0M | $0 | $4.0M | — |
Questions
How much did First Majestic Silver's revenue grow year over year in Q1 2025?
First Majestic Silver's revenue rose $138M (+130%) from $106M in Q1 2024 to $244M in Q1 2025. Operating margin 2.6% against -12.8% (+15.4 pts).