First Majestic Silver Reports Quarterly Earnings

The silver mining company saw strong financial results in the latest quarter.

Published on Feb. 25, 2026

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First Majestic Silver (TSE:AG), a publicly traded mining company focused on silver and gold production in Mexico and the United States, reported its quarterly earnings results on Thursday. The company posted C$0.41 in earnings per share for the quarter, with revenue of C$621 million. However, the company also reported a negative net margin of 14.81% and a negative return on equity of 5.74%.

Why it matters

First Majestic Silver's quarterly earnings report provides insight into the performance of the company and the broader silver mining industry. As one of the largest silver producers in North America, First Majestic's results can have implications for the silver market and the company's competitors.

The details

First Majestic Silver reported C$0.41 in earnings per share for the quarter, which beat analysts' expectations. The company's revenue was C$621 million. However, the company also reported a negative net margin of 14.81% and a negative return on equity of 5.74%, indicating some financial challenges. First Majestic owns and operates the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine in Mexico and the United States.

  • First Majestic Silver reported its quarterly earnings results on Thursday, February 19, 2026.
  • The company's shares traded up C$2.70 during mid-day trading on Thursday, reaching C$33.68.

The players

First Majestic Silver

A publicly traded mining company focused on silver and gold production in Mexico and the United States.

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The takeaway

First Majestic Silver's quarterly earnings report highlights the challenges and opportunities facing the silver mining industry. While the company reported strong revenue and earnings, its negative margins and return on equity suggest that it is still navigating some financial difficulties. Investors will be closely watching the company's future performance and strategic decisions as it seeks to improve its profitability.