Fst (FSTWF) Gross Margin (2024 - 2026)
Fst (FSTWF) reported Gross Margin of 51.59% for Q1 2026, up 552.0% year-over-year from 7.91% in Q1 2025, and up 24.12% quarter-over-quarter from 41.57% in Q4 2025.
Fst (FSTWF) Gross Margin (2024 - 2026) Analysis & Trends
Fst (FSTWF) has 3 years of Gross Margin data on file, last reported at 51.59% in Q1 2026.
- Gross Margin for Q1 2026 came in at 51.59%, up 552.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 44.8% (changed N/A YoY), and the FY2025 annual result was 43.01%, down 4.0% from the prior year.
- Gross Margin grew to 51.59% in Q1 2026 per FSTWF's latest filing, from 41.57% in the prior quarter.
- Over five years, Gross Margin peaked at 51.59% in Q1 2026 and troughed at 38.77% in Q3 2024.
- A 3-year average of 44.17% and a median of 45.98% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2025 and 2026: Gross Margin tumbled 443 bps in 2025, then surged 552 bps in 2026.
- A 3-year view of Gross Margin shows it stood at 45.99% in 2024, then retreated by 10 bps to 41.57% in 2025, then increased by 24 bps to 51.59% in 2026.
- Business Quant data shows FSTWF's Gross Margin at 51.59% in Q1 2026, 41.57% in Q4 2025, and 39.21% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn | 17.46% |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn | 15.81% |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn | 14.66% |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn | 29.11% |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn | -1.67% |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 | -42.64% |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn | 23.79% |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn | 9.89% |
| 10 | Fst | - | - | 7.56 Mn | 51.59% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 51.59% |
| Dec 31, 2025 | 41.57% |
| Sep 30, 2025 | 39.21% |
| Jun 30, 2025 | 45.98% |
| Mar 31, 2025 | 46.07% |
| Dec 31, 2024 | 45.99% |
| Sep 30, 2024 | 38.77% |