Fortuna Mining (FSM) EBITDA Margin (2010 - 2026)
Fortuna Mining (FSM) reported EBITDA Margin of 66.0% for Q1 2026, up 1435.0% on a YoY basis from 4.3% in Q1 2025, and up 56.27% quarter-over-quarter from 42.23% in Q4 2025.
Fortuna Mining (FSM) EBITDA Margin (2010 - 2026) Analysis & Trends
Fortuna Mining has reported EBITDA Margin for 16 years, with the latest figure at 66.0% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 1435.0% year-over-year to 66.0%; the trailing twelve-month figure through Mar 2026 stood at 42.31% (down 508.0% YoY), and the FY2025 full-year result was 63.29%, up 1478.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 66.0%, up from 42.23% in the prior quarter.
- The five-year high for EBITDA Margin was 82.6% in Q3 2025, with the low at 3.47% in Q4 2023.
- Historically, EBITDA Margin has averaged 41.5% across 5 years, with a median of 43.04% in 2023.
- Annual changes were most pronounced in 2022 — EBITDA Margin slumped 4501 bps — and 2024, when it jumped 2828 bps.
- Fortuna Mining's EBITDA Margin stood at 0.03% in 2022, then plunged by 10349 bps to 3.47% in 2023, then soared by 776 bps to 23.45% in 2024, then surged by 80 bps to 42.23% in 2025, then surged by 56 bps to 66.0% in 2026.
- The last three EBITDA Margin figures came in at 66.0% (Q1 2026), 42.23% (Q4 2025), and 82.6% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 58.20% |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 83.38% |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 30.12% |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 55.58% |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 60.86% |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 70.80% |
| 10 | Fortuna Mining | 2.48 Mn | -578.43 Mn | 211.84 Mn | 66.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 66.00% |
| Dec 31, 2025 | 42.23% |
| Sep 30, 2025 | 82.60% |
| Jun 30, 2025 | 57.32% |
| Mar 31, 2025 | 51.65% |
| Dec 31, 2024 | 23.45% |
| Sep 30, 2024 | 60.89% |
| Jun 30, 2024 | 56.31% |
| Mar 31, 2024 | 49.07% |
| Dec 31, 2023 | -3.47% |
| Sep 30, 2023 | 43.04% |
| Jun 30, 2023 | 28.03% |
| Mar 31, 2023 | 37.18% |
| Dec 31, 2022 | 0.03% |
| Sep 30, 2022 | 32.66% |
| Jun 30, 2022 | 34.49% |
| Mar 31, 2022 | 44.04% |
| Dec 31, 2021 | 45.05% |
| Sep 30, 2021 | 46.32% |
| Jun 30, 2021 | 45.55% |