First Majestic Silver (XSWX:AG) Gross Profit: CHF657 Mil (TTM As of Jun. 2026)

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XSWX:AG First Majestic Silver Corp XSWX:AG
36 GF Score
Price CHF16.32
GF Value CHF9.17
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is First Majestic Silver Gross Profit?

First Majestic Silver XSWX:AG +7.24% 36 Gross Profit is CHF657 Mil as of Jun. 2026. GuruFocus rates XSWX:AG with a GF Score™ of 36/100 and a GF Value™ of CHF9.17 (Significantly Overvalued). The stock has 2 warning signs investors should review.

First Majestic Silver's gross profit for the three months ended in Jun. 2026 was CHF179 Mil. First Majestic Silver's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was CHF657 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. First Majestic Silver's gross profit for the three months ended in Jun. 2026 was CHF179 Mil. First Majestic Silver's Revenue for the three months ended in Jun. 2026 was CHF331 Mil. Therefore, First Majestic Silver's Gross Margin % for the quarter that ended in Jun. 2026 was 53.98%.

First Majestic Silver had a gross margin of 53.98% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of First Majestic Silver was 50.14%. The lowest was -3.86%. And the median was 16.36%.


First Majestic Silver  (XSWX:AG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

First Majestic Silver had a gross margin of 53.98% for the quarter that ended in Jun. 2026 => Durable competitive advantage


First Majestic Silver Gross Profit Related Terms


First Majestic Silver Gross Profit Historical Data

* Premium members only.

The historical data trend for First Majestic Silver's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

First Majestic Silver Gross Profit Chart

First Majestic Silver Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.41 15.61 22.18 81.94 358.64

First Majestic Silver Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.13 78.88 189.51 209.89 178.74

XSWX:AG vs EXK: Gross Profit Comparison

For the Silver subindustry, First Majestic Silver's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Majestic Silver Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Majestic Silver's Gross Profit distribution charts can be found below:

* The bar in red indicates where First Majestic Silver's Gross Profit falls into.


XSWX:AG
36GF Score
First Majestic Silver Corp XSWX:AG
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
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First Majestic Silver Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

First Majestic Silver's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=1008.204 - 649.563
=359

First Majestic Silver's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=331.101 - 152.365
=179

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF657 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

First Majestic Silver's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=179 / 331.101
=53.98 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Profit →
What does a Gross Profit of CHF657 Mil mean?
First Majestic Silver (XSWX:AG) has a Gross Profit of CHF657 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on First Majestic Silver and its competitors.
Is First Majestic Silver's Gross Profit too high?
First Majestic Silver's current Gross Profit is CHF657 Mil. Overall, First Majestic Silver has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Majestic Silver's Gross Profit compare to EXK?
First Majestic Silver's Gross Profit of CHF657 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Metals & Mining company?
A good Gross Profit depends on the Metals & Mining industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on First Majestic Silver and its competitors. First Majestic Silver's current Gross Profit is CHF657 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Majestic Silver stock overvalued right now?
Based on GuruFocus' analysis, First Majestic Silver (XSWX:AG) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF9.17, compared to a current price of CHF16.32 — trading 78% above its estimated fair value. The current Gross Profit is CHF657 Mil. First Majestic Silver's overall GF Score™ is 36/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For First Majestic Silver (XSWX:AG), the current Gross Profit is CHF657 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is First Majestic Silver (XSWX:AG) Overvalued in 2026?

Based on GuruFocus' analysis, First Majestic Silver stock appears to be overvalued. The current stock price of CHF16.32 is trading 78% above its estimated GF Value™ of CHF9.17. GuruFocus considers First Majestic Silver to be Significantly Overvalued.

Key valuation signals for XSWX:AG:

  • Gross Profit: CHF657 Mil
  • GF Value™: CHF9.17 vs. price of CHF16.32 (78% above fair value)
  • GF Score™: 36/100 with 2 warning signs

No single metric tells the full story. See the XSWX:AG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Majestic Silver Business Description

Address 925 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6C 3L2
First Majestic Silver Corp is in the business of production, development, exploration, and acquisition of mineral properties with a focus on silver and gold production in North America. The company owns four producing mines in Mexico, consisting of the Santa Elena Silver/Gold Mine, the San Dimas Silver/Gold Mine, the Los Gatos Silver Mine, and the La Encantada Silver Mine. It also owns the Jerritt Canyon Gold Mine in Nevada, USA. Additionally, the firm holds interests in the San Martin Silver Mine and the Del Toro Silver Mine, and several exploration-stage projects. The majority of the company's revenues are from the sale of precious metals contained in dore and concentrate form. It generates maximum revenue from the sale of silver, followed by gold, zinc, copper, and other metals.
36GF Score

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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF16.32
Price
CHF9.17
GF Value