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
DateValue
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