Fortuna Mining (FSM) Operating Margin (2011 - 2026)
Fortuna Mining (FSM) posted Operating Margin of 69.97% for Q1 2026, up 27.42% quarter-over-quarter from 54.91% in Q4 2025, and up 7143.0% year-on-year from 0.97% in Q1 2025.
Fortuna Mining (FSM) Operating Margin (2011 - 2026) Analysis & Trends
Fortuna Mining (FSM) has reported Operating Margin for 16 consecutive years, with 69.97% the latest figure, recorded in Q1 2026.
- Operating Margin for Q1 2026 came in at 69.97%, up 7143.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 54.9% (down 766625.0% YoY), and the FY2025 annual result was 43.12%, up 2007.0% from the prior year.
- Operating Margin was 69.97% for Q1 2026 at Fortuna Mining, up from 54.91% in the prior quarter.
- Over five years, Operating Margin peaked at 35916.59% in Q2 2024 and troughed at 1.46% in Q1 2025.
- Average Operating Margin over 5 years is 2145.55%, with a median of 36.22% recorded in 2025.
- Year-over-year, Operating Margin jumped 3587857 bps in 2024 and tumbled 3588038 bps in 2025.
- Over 5 years, Operating Margin stood at 99.91% in 2022, then slumped by 88 bps to 12.04% in 2023, then soared by 119 bps to 26.37% in 2024, then soared by 108 bps to 54.91% in 2025, then advanced by 27 bps to 69.97% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 69.97% in Q1 2026, 54.91% in Q4 2025, and 42.5% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 58.20% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 82.36% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 60.86% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 105.11% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 74.85% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 51.44% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 79.47% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 55.58% |
| 10 | Fortuna Mining | 2.55 Bn | 1.95 Bn | 211.84 Mn | 69.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 69.97% |
| Dec 31, 2025 | 54.91% |
| Sep 30, 2025 | 42.50% |
| Jun 30, 2025 | 36.22% |
| Mar 31, 2025 | -1.46% |
| Dec 31, 2024 | 26.37% |
| Sep 30, 2024 | 27.74% |
| Jun 30, 2024 | 35,916.59% |
| Mar 31, 2024 | 51.10% |
| Dec 31, 2023 | 12.04% |
| Sep 30, 2023 | 47.25% |
| Jun 30, 2023 | 38.03% |
| Mar 31, 2023 | 13.61% |
| Dec 31, 2022 | 99.91% |
| Sep 30, 2022 | 7.01% |
| Jun 30, 2022 | 10.27% |
| Mar 31, 2022 | 22.32% |
| Dec 31, 2021 | 19.56% |
| Sep 30, 2021 | 13.41% |
| Jun 30, 2021 | 29.79% |