Fortuna Mining (FSM) Net Margin (2010 - 2026)

Fortuna Mining (FSM) reported Net Margin of 32.41% for Q1 2026, up 242.0% on a YoY basis from 9.48% in Q1 2025, and up 128699444.22% quarter-over-quarter from 0.0% in Q4 2025.

Fortuna Mining (FSM) Net Margin (2010 - 2026) Analysis & Trends

Fortuna Mining has reported Net Margin for 16 years, with the latest figure at 32.41% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 242.0% year-over-year to 32.41%; the trailing twelve-month figure through Mar 2026 stood at 0.1% (down 1593.0% YoY), and the FY2025 full-year result was 30.35%, up 1788.0% from the prior year.
  • Net Margin for Q1 2026 stood at 32.41%, up from 0.0% in the prior quarter.
  • The five-year high for Net Margin was 49.17% in Q3 2025, with the low at 34.79% in Q4 2023.
  • Historically, Net Margin has averaged 11.13% across 5 years, with a median of 13.07% in 2024.
  • Annual changes were most pronounced in 2023 — Net Margin sank 3480 bps — and 2024, when it soared 2417 bps.
  • Fortuna Mining's Net Margin stood at 0.0% in 2022, then sank by 796147 bps to 34.79% in 2023, then surged by 52 bps to 16.85% in 2024, then jumped by 100 bps to 0.0% in 2025, then surged by 128699444 bps to 32.41% in 2026.
  • The last three Net Margin figures came in at 32.41% (Q1 2026), 0.0% (Q4 2025), and 49.17% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net 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 30.70%
3 Wheaton Precious Metals 410.57 Bn 409.42 Bn 699.37 Mn 76.67%
4 Alamos Gold 136.28 Bn 135.62 Bn 442.20 Mn 52.82%
5 Gold Fields 128.61 Bn 126.83 Bn - -
6 Kinross Gold 103.07 Bn 100.89 Bn 1.44 Bn 35.01%
7 Newmont 100.59 Bn 91.98 Bn 7.29 Bn 41.15%
8 Equinox Gold 47.64 Bn 47.14 Bn - -
9 AngloGold Ashanti 44.52 Bn 41.55 Bn 1.94 Bn 39.59%
10 Fortuna Mining 2.48 Mn -578.43 Mn 211.84 Mn 32.41%

Historic Data

Download Data
DateValue
Mar 31, 2026 32.41%
Dec 31, 2025 0.00%
Sep 30, 2025 49.17%
Jun 30, 2025 18.50%
Mar 31, 2025 30.00%
Dec 31, 2024 -16.85%
Sep 30, 2024 27.79%
Jun 30, 2024 26.00%
Mar 31, 2024 13.07%
Dec 31, 2023 -34.79%
Sep 30, 2023 13.70%
Jun 30, 2023 1.83%
Mar 31, 2023 7.51%
Dec 31, 2022 0.00%
Sep 30, 2022 1.38%
Jun 30, 2022 1.25%
Mar 31, 2022 18.26%
Dec 31, 2021 14.63%
Sep 30, 2021 13.84%
Jun 30, 2021 17.84%