Filing Flows › First Majestic Silver (AG) › Q1 2025
First Majestic Silver (AG) Q1 2025 earnings results (first quarter 2025)
6-K filed May 8, 2025
First Majestic Silver (AG) reported revenue of $244M for the first quarter 2025 (Q1 2025), +130% from a year earlier. Operating margin was 2.6%, net earnings $2.3M (0.9% of revenue).
First Majestic Silver, Q1 2025: revenue $244M (+130% year over year), operating margin 2.6%, net earnings $2.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $244M | — | +130% |
| Operating profit | $6.2M | — | — |
| Net earnings | $2.3M | — | — |
What changed
Revenue was $243.9M in Q1 2025, up 130% year over year.
Operating profit was $6.2M, a 2.6% margin (up 15.4 points year over year). Total costs grew 99% against revenue growth of 130%. The fastest-growing cost line was Other operating costs (+259%). Net earnings were $2.3M. The effective tax rate was 0.0%.
Questions
What was First Majestic Silver's revenue in the first quarter 2025?
First Majestic Silver (AG) reported revenue of $244M for the first quarter 2025 (Q1 2025), +130% from a year earlier.
Was First Majestic Silver profitable in the first quarter 2025?
Operating profit was $6.2M (2.6% of revenue) and net earnings $2.3M.