First Majestic Revenue Soars 57% as Q2 Earnings Surpass Expectations

First Majestic Silver Corp., which trades on the NYSE under ticker AG, released its Q2 2026 financial results and quarterly dividend payment. The company reported a significant increase in revenue to $415.5 million, up 57% year-over-year, driven by higher realized silver and gold prices.

The Company achieved mine operating earnings of $223.6 million, a substantial improvement from $49.4 million in the second quarter of 2025. Net earnings for the quarter were $109.4 million (EPS of $0.22) compared to net earnings of $52.5 million (EPS of $0.11) in Q2 2025.

First Majestic also announced a record treasury position, with $1,252.7 million as at June 30, 2026, representing a 34% increase from the end of 2025. The Company generated $194.6 million in free cash flow during the quarter and declared a cash dividend of $0.0152 per common share for Q2 2026.