Fortuna Mining (FSM) Operating Expenses (2011 - 2026)
Fortuna Mining (FSM) posted Operating Expenses of -$27.8 million for Q1 2026, down 107156.74% quarter-over-quarter from $25961.0 in Q4 2025, and down 16.28% year-on-year from -$33.2 million in Q1 2025.
Fortuna Mining (FSM) Operating Expenses (2011 - 2026) Analysis & Trends
Fortuna Mining (FSM) has reported Operating Expenses for 16 consecutive years, with -$27.8 million the latest figure, recorded in Q1 2026.
- Operating Expenses for Q1 2026 came in at -$27.8 million, down 16.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $20.1 million (up 100.04% YoY), and the FY2025 annual result was $287.5 million, up 19.56% from the prior year.
- Operating Expenses was -$27.8 million for Q1 2026 at Fortuna Mining, down from $25961.0 in the prior quarter.
- Over five years, Operating Expenses peaked at $26.3 million in Q3 2025 and troughed at -$56.1 billion in Q2 2024.
- Average Operating Expenses over 5 years is -$3.3 billion, with a median of $13.7 million recorded in 2024.
- Year-over-year, Operating Expenses surged 1472.74% in 2022 and slumped 197560.92% in 2024.
- Over 5 years, Operating Expenses stood at $16.9 million in 2022, then rose by 17.68% to $19.9 million in 2023, then dropped by 11.94% to $17.5 million in 2024, then plunged by 99.85% to $25961.0 in 2025, then sank by 107156.74% to -$27.8 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were -$27.8 million in Q1 2026, $25961.0 in Q4 2025, and $26.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 155.00 Mn |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | -7.01 Mn |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 2.84 Bn |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | -19.25 Mn |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 89.82 Mn |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | -1.16 Mn |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 9.20 Mn |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 83.10 Mn |
| 10 | Fortuna Mining | 2.55 Bn | 1.95 Bn | 211.84 Mn | -27.79 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -27.79 Mn |
| Dec 31, 2025 | 25,961.00 |
| Sep 30, 2025 | 26.30 Mn |
| Jun 30, 2025 | 21.58 Mn |
| Mar 31, 2025 | -23.90 Mn |
| Dec 31, 2024 | 17.53 Mn |
| Sep 30, 2024 | 13.69 Mn |
| Jun 30, 2024 | -56.08 Bn |
| Mar 31, 2024 | -33.07 Mn |
| Dec 31, 2023 | 19.91 Mn |
| Sep 30, 2023 | -48.96 Mn |
| Jun 30, 2023 | -28.37 Mn |
| Mar 31, 2023 | 14.99 Mn |
| Dec 31, 2022 | 16.92 Mn |
| Sep 30, 2022 | 13.04 Mn |
| Jun 30, 2022 | 15.30 Mn |
| Mar 31, 2022 | 17.42 Mn |
| Dec 31, 2021 | 16.86 Mn |
| Sep 30, 2021 | 829,000.00 |
| Jun 30, 2021 | 5.82 Mn |