Fortuna Mining (FSM) Cost of Revenue (2010 - 2026)
Fortuna Mining's (FSM) quarterly Cost of Revenue came in at $130.6 million in Q1 2026, up 13.9% YoY from $114.7 million in Q1 2025, and down 99.89% on a QoQ basis from $121.8 billion in Q4 2025.
Fortuna Mining (FSM) Cost of Revenue (2010 - 2026) Analysis & Trends
Fortuna Mining (FSM) has 17 years of Cost of Revenue data on file, last reported at $130.6 million in Q1 2026.
- Quarterly Cost of Revenue rose 13.9% year-over-year to $130.6 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $122.2 billion (up 279831.88% YoY) and the FY2025 annual result came in at $480.2 million, up 1795.55% from the prior year.
- Cost of Revenue fell to $130.6 million in Q1 2026, from $121.8 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $121.8 billion in Q4 2025 to a low of -$392.9 million in Q4 2023.
- A 5-year average of $7.2 billion and a median of $126.5 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2023 — Cost of Revenue tumbled 383.31% — and 2025, when it jumped 41777.87%.
- Tracing FSM's Cost of Revenue over 5 years: stood at $138.7 million in 2022, then sank by 383.31% to -$392.9 million in 2023, then grew by 25.59% to -$292.3 million in 2024, then jumped by 41777.87% to $121.8 billion in 2025, then plunged by 99.89% to $130.6 million in 2026.
- The last three Cost of Revenue figures came in at $130.6 million (Q1 2026), $121.8 billion (Q4 2025), and $118.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 2.09 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 953.76 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 2.40 Bn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 241.35 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 1.40 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | 473,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 60.09 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 549.75 Mn |
| 10 | Fortuna Mining | 3.66 Bn | 3.04 Bn | 183.46 Mn | 134.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 130.64 Mn |
| Mar 31, 2026 | 130.64 Mn |
| Dec 31, 2025 | 121.84 Bn |
| Dec 31, 2025 | 121.84 Bn |
| Sep 30, 2025 | 118.23 Mn |
| Sep 30, 2025 | 118.23 Mn |
| Jun 30, 2025 | 125.39 Mn |
| Jun 30, 2025 | 125.39 Mn |
| Mar 31, 2025 | 114.69 Mn |
| Mar 31, 2025 | 114.69 Mn |
| Dec 31, 2024 | -292.35 Mn |
| Dec 31, 2024 | -292.35 Mn |
| Sep 30, 2024 | 117.64 Mn |
| Sep 30, 2024 | 117.64 Mn |
| Jun 30, 2024 | 103.68 Mn |
| Jun 30, 2024 | 103.68 Mn |
| Mar 31, 2024 | 131.32 Mn |
| Mar 31, 2024 | 131.32 Mn |
| Dec 31, 2023 | -392.91 Mn |
| Dec 31, 2023 | -392.91 Mn |