Cost of revenue · 2016–2025

First Majestic Silver cost of revenue

$544M+57.7% · FY2025

First Majestic Silver (AG) reported $544M in cost of revenue for fiscal 2025, +57.7% year on year.

$149M2016$159M2017$219M2018$232M2019$194M2020$366M2021$472M2022$410M2023$345M2024$544M2025
First Majestic Silver — Cost of revenue, 2016–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$544M+57.7%Open →
FY20242024-12-31$345M−15.9%Open →
FY20232023-12-31$410M−13.1%Open →
FY20222022-12-31$472M+28.8%Open →
FY20212021-12-31$366M+88.4%Open →
FY20202020-12-31$194M−16.3%Open →
FY20192019-12-31$232M+5.9%Open →
FY20182018-12-31$219M+37.6%Open →
FY20172017-12-31$159M+6.7%Open →
FY20162016-12-31$149M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth +15.4%

Figures are reported under IFRS, in US dollars.

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=First Majestic Silver cost of revenue |url=https://companiesranked.com/en/company/first-majestic-silver/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). First Majestic Silver cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/first-majestic-silver/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-first-majestic-silver-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{First Majestic Silver cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/first-majestic-silver/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 40-F · 0001062993-26-001765 · March 31, 2026

{{cite web |title=First Majestic Silver cost of revenue — 40-F (0001062993-26-001765) |url=https://www.sec.gov/Archives/edgar/data/1308648/000106299326001765/form40f.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-31}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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