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| Date | Value |
|---|---|
| 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% |