# First Majestic (AG) — Earnings

AG · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/ag/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.21 |
| EPS estimate | $0.25 |
| EPS surprise | −14.81% |
| Revenue surprise | −16.23% |
| Revenue | $415.5M |
| Revenue estimate | $496.0M |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1308648/000162828026050781/ag-2026q2x6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/58a76d9d-4c27-61e6-eea3-c28c4c2abdfa.html) |

First Majestic reported Q2 2026 results on July 30, 2026. Earnings per share were $0.21, missing the $0.25 estimate by 14.81%. Revenue was $415.5 million, about 16% below the $496.0 million consensus. Compared with Q2 2025, EPS rose from $0.04 and revenue rose about 57% from $264.2 million. Both figures were below Q1 2026, which set the highs in the table at $0.31 per share and $476.7 million.

The record shows a shift from losses to profits. First Majestic lost money in 11 of the 20 quarters, and each full year from 2022 to 2024 ended in a loss of $0.20, $0.10 and $0.12 per share. Fiscal 2025 turned to a profit of $0.46 per share, with every quarter profitable, and its revenue of about $1.26 billion was more than double 2024's $560.6 million. The first half of 2026 totals $0.52 per share, above all of 2025. The company beat in only 4 of 20 quarters.

First Majestic has reported Q3 between November 2 and November 9 in each of the past five years. That points to early November 2026 for the next report, which will show whether revenue moves back toward the Q1 2026 level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.25 | $0.21 | -14.81% | $496.0M | $415.5M |
| Q1 2026 | May 12, 2026 | $0.32 | $0.31 | -1.90% | $522.0M | $476.7M |
| Q4 2025 | Feb 19, 2026 | $0.21 | $0.30 | 42.86% | $560.4M | $463.9M |
| Q3 2025 | Nov 5, 2025 | $0.10 | $0.07 | -32.24% | $308.0M | $285.1M |
| Q2 2025 | Aug 14, 2025 | $0.03 | $0.04 | 55.64% | $283.0M | $264.2M |
| Q1 2025 | May 8, 2025 | $0.07 | $0.05 | -23.66% | $241.1M | $243.9M |
| Q4 2024 | Feb 20, 2025 | $0.04 | $0.03 | -25.74% | $158.8M | $172.3M |
| Q3 2024 | Nov 7, 2024 | $0.02 | −$0.03 | -250.00% | $147.0M | $146.1M |
| Q2 2024 | Aug 1, 2024 | −$0.03 | −$0.07 | -165.15% | $129.7M | $136.2M |
| Q1 2024 | May 8, 2024 | −$0.05 | −$0.05 | -4.38% | $112.0M | $106.0M |
| Q4 2023 | Feb 22, 2024 | −$0.01 | −$0.03 | -219.15% | $132.9M | $136.9M |
| Q3 2023 | Nov 2, 2023 | $0.02 | −$0.05 | -398.05% | $130.1M | $133.2M |
| Q2 2023 | Aug 3, 2023 | −$0.02 | −$0.02 | 6.67% | $133.0M | $146.7M |
| Q1 2023 | May 4, 2023 | −$0.02 | $0.00 | 100.00% | $145.7M | $157.0M |
| Q4 2022 | Feb 23, 2023 | −$0.03 | −$0.07 | -101.73% | $155.9M | $148.2M |
| Q3 2022 | Nov 9, 2022 | −$0.02 | −$0.09 | -275.00% | $156.0M | $159.8M |
| Q2 2022 | Aug 4, 2022 | $0.00 | −$0.02 | -800.00% | $186.0M | $159.4M |
| Q1 2022 | May 12, 2022 | $0.02 | −$0.02 | -226.58% | $172.0M | $156.8M |
| Q4 2021 | Mar 10, 2022 | $0.07 | $0.02 | -72.75% | $199.0M | $204.9M |
| Q3 2021 | Nov 4, 2021 | $0.00 | −$0.07 | -1850.00% | $184.0M | $124.6M |

## Frequently Asked Questions

### When did First Majestic (AG) last report earnings?

First Majestic last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did AG beat earnings estimates?

No. First Majestic reported EPS of $0.21 for Q2 2026 against a $0.25 estimate — a 14.81% miss.

### How much revenue did AG report last quarter?

First Majestic reported $415.5M in revenue for Q2 2026, against a consensus estimate of $496.0M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).