Fortuna Mining (FSM) Tax Rate (2015 - 2026)
Fortuna Mining (FSM) reported Tax Rate of 23.29% for Q1 2026, up 2037.0% on a YoY basis from 1.09% in Q1 2025, and down 159.06% quarter-over-quarter from 39.44% in Q4 2025.
Fortuna Mining (FSM) Tax Rate (2015 - 2026) Analysis & Trends
Fortuna Mining has reported Tax Rate for 12 years, with the latest figure at 23.29% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 2037.0% year-over-year to 23.29%; the trailing twelve-month figure through Mar 2026 stood at 3.86% (down 415.0% YoY), and the FY2025 full-year result was 27.84%, down 844.0% from the prior year.
- Tax Rate for Q1 2026 stood at 23.29%, down from 39.44% in the prior quarter.
- The five-year high for Tax Rate was 440.54% in Q3 2022, with the low at 43.66% in Q1 2025.
- Historically, Tax Rate has averaged 46.22% across 5 years, with a median of 32.12% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate soared 34129 bps — and 2023, when it plunged 42683 bps.
- Fortuna Mining's Tax Rate stood at 9.8% in 2022, then tumbled by 338 bps to 23.35% in 2023, then surged by 84 bps to 3.74% in 2024, then soared by 1156 bps to 39.44% in 2025, then sank by 159 bps to 23.29% in 2026.
- The last three Tax Rate figures came in at 23.29% (Q1 2026), 39.44% (Q4 2025), and 21.93% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -18.82% |
| 2 | Barrick Mining | 1,048.41 Bn | 1,051.14 Bn | 3.12 Bn | 23.14% |
| 3 | Wheaton Precious Metals | 429.35 Bn | 428.20 Bn | 699.37 Mn | - |
| 4 | Alamos Gold | 144.86 Bn | 144.19 Bn | 442.20 Mn | - |
| 5 | Gold Fields | 136.49 Bn | 134.71 Bn | - | - |
| 6 | Kinross Gold | 110.14 Bn | 107.96 Bn | 1.44 Bn | -35.21% |
| 7 | Newmont | 106.92 Bn | 98.31 Bn | 7.29 Bn | 30.63% |
| 8 | Equinox Gold | 51.34 Bn | 50.84 Bn | - | - |
| 9 | AngloGold Ashanti | 47.89 Bn | 44.92 Bn | 1.94 Bn | - |
| 10 | Fortuna Mining | 2.62 Mn | -578.30 Mn | 211.84 Mn | -23.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -23.29% |
| Mar 31, 2026 | -23.29% |
| Dec 31, 2025 | 39.44% |
| Dec 31, 2025 | 39.44% |
| Sep 30, 2025 | 21.93% |
| Sep 30, 2025 | 21.93% |
| Jun 30, 2025 | 29.31% |
| Jun 30, 2025 | 29.31% |
| Mar 31, 2025 | -43.66% |
| Mar 31, 2025 | -43.66% |
| Dec 31, 2024 | -3.74% |
| Dec 31, 2024 | -3.74% |
| Sep 30, 2024 | 36.05% |
| Sep 30, 2024 | 36.05% |
| Jun 30, 2024 | 81.00% |
| Jun 30, 2024 | 81.00% |
| Mar 31, 2024 | 36.36% |
| Mar 31, 2024 | 36.36% |
| Dec 31, 2023 | -23.35% |
| Dec 31, 2023 | -23.35% |