Business
First Majestic Silver Reports Q4 2025 and Full Year 2025 Financial Results; Announces Quarterly Dividend Payment
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majesti
About this update from First Majestic Silver Corp.
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - February 19, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the \"Company\" or \"First Majestic\") is pleased to announce the Company's audited consolidated financial results for the fourth quarter and year end ended December 31, 2025. The full version of the annual financial statements and the accompanying management's discussion and analysis can be viewed on the Company's website at www.firstmajestic.com or on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar. All amounts are in U.S. dollars unless stated otherwise. FOURTH QUARTER HIGHLIGHTS Record Quarterly Silver Production (+77% Y/Y): The Company achieved record quarterly silver production by producing 4.2 million silver ounces (\"oz\") in Q4 2025, a 77% increase when compared to 2.4 million silver ounces produced in Q4 2024. Record Quarterly Revenue (+169% Y/Y): For a fourth consecutive quarter, the Company achieved record quarterly revenue of $463.9 million (with 60% of revenue from silver), a 169% increase compared to $172.3 million in revenue in Q4 2024. Total revenue for the quarter excluded 463,156 oz of silver and 2,808 oz of gold that were held in inventory at the end of the quarter, with a fair value of $45.3 million. Record Cash Flow from Operations (+$238.5 million Y/Y): Operating cash flow before changes in working capital and taxes in the quarter was a record $301.0 million or $0.61 per share, a significant increase compared to $62.4 million or $0.21 per share in the fourth quarter of 2024. Record Earnings Before Income Tax, Depreciation and Amortization (\"EBITDA\") (+$276.8 million Y/Y): EBITDA for the quarter was a record $338.8 million, a significant increase compared to $62.0 million in the fourth quarter of 2024. Net Earnings (+$118.7 million Y/Y): Net earnings for the quarter were $105.2 million (earnings per share (\"EPS\") of $0.17) compared to a net loss of $13.5 million (EPS of ($0.04)) in the fourth quarter of 2024. Net earnings did not include $41.9 million in unrealized gains from the Company's portfolio of marketable securities, which are included within Other Comprehensive Income. Record Adjusted Net Earnings (+$136.8 million Y/Y): Adjusted net earnings, excluding non-cash or non-recurring items such as an impairment reversal, unrealized gains on marketable securiti...