First Majestic Silver reports Q3 2026 results with revenue up 38% and non‑GAAP EPS beat
First Majestic Silver Corp. released its unaudited third‑quarter 2026 results. Revenue reached $394.1 million, a 38% year‑over‑year increase, while non‑GAAP earnings per share were $0.19, beating estimates by $0.02. Silver production fell 11% YoY to 3.44 million ounces and the company declared a cash dividend of $0.0142 per share. The firm ended the quarter with $1.23 billion in treasury cash.
Why it matters
The higher revenue and EPS beat suggest stronger profitability despite lower silver output, which may support the stock price. The increased dividend and large cash balance give the company flexibility for future investments or share repurchases.
Key facts
- 1Revenue was $394.1 million for Q3 2026. stocktitan.net
- 2Net earnings were $74.5 million, or basic EPS of $0.15. stocktitan.net
- 3Adjusted (non‑GAAP) EPS was $0.19, beating estimates by $0.02. seekingalpha.com
- 4Silver production was 3,440,447 ounces, 11% lower YoY. stocktitan.net
- 5The company declared a cash dividend of $0.0142 per share, a 176% YoY increase. stocktitan.net
- 6Treasury cash ended the quarter at $1.23 billion. stocktitan.net
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.