Fortuna Mining (FSM) Accumulated Expenses (2015 - 2026)
Fortuna Mining's (FSM) quarterly Accumulated Expenses came in at -$19.7 million in Q1 2026, up 1.95% YoY from -$19.3 million in Q1 2025, and down 170.94% on a QoQ basis from $27.8 million in Q4 2025.
Fortuna Mining (FSM) Accumulated Expenses (2015 - 2026) Analysis & Trends
Fortuna Mining (FSM) has 12 years of Accumulated Expenses data on file, last reported at -$19.7 million in Q1 2026.
- Quarterly Accumulated Expenses rose 1.95% year-over-year to -$19.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$19.7 million (up 1.95% YoY) and the FY2025 annual result came in at $27.8 million, down 8.42% from the prior year.
- Accumulated Expenses retreated to -$19.7 million in Q1 2026, from $27.8 million in the prior quarter.
- In the past five years, Accumulated Expenses ranged from a high of $30.3 million in Q4 2024 to a low of -$24.7 million in Q3 2025.
- A 5-year average of -$7.8 million and a median of -$19.7 million in 2026 frame the typical range for Accumulated Expenses.
- Annual changes were most pronounced in 2023 — Accumulated Expenses dropped 22.73% — and 2024, when it jumped 38.59%.
- Tracing FSM's Accumulated Expenses over 5 years: stood at $23.0 million in 2022, then declined by 4.66% to $21.9 million in 2023, then jumped by 38.59% to $30.3 million in 2024, then fell by 8.42% to $27.8 million in 2025, then tumbled by 170.94% to -$19.7 million in 2026.
- The last three Accumulated Expenses figures came in at -$19.7 million (Q1 2026), $27.8 million (Q4 2025), and -$24.7 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn |
| 10 | Fortuna Mining | 3.66 Bn | 3.04 Bn | 183.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.71 Mn |
| Dec 31, 2025 | 27.79 Mn |
| Sep 30, 2025 | -24.68 Mn |
| Jun 30, 2025 | -20.07 Mn |
| Mar 31, 2025 | -20.11 Mn |
| Dec 31, 2024 | 30.35 Mn |
| Mar 31, 2024 | -18.29 Mn |
| Dec 31, 2023 | 21.90 Mn |
| Sep 30, 2023 | -20.60 Mn |
| Jun 30, 2023 | -20.28 Mn |
| Mar 31, 2023 | -19.00 Mn |
| Dec 31, 2022 | 22.97 Mn |
| Sep 30, 2022 | -20.05 Mn |
| Jun 30, 2022 | -16.52 Mn |
| Mar 31, 2022 | -21.18 Mn |
| Dec 31, 2021 | 23.31 Mn |
| Sep 30, 2021 | -19.92 Mn |
| Jun 30, 2021 | -13.72 Mn |
| Mar 31, 2021 | -18.69 Mn |
| Dec 31, 2020 | 15.88 Mn |