Fortitude Gold (FTCO) Gross Margin (2020 - 2026)
Fortitude Gold (FTCO) posted Gross Margin of 68.38% for Q1 2026, up 3.4% quarter-over-quarter from 66.12% in Q4 2025, and up 1735.0% year-on-year from 3.73% in Q1 2025.
Fortitude Gold (FTCO) Gross Margin (2020 - 2026) Analysis & Trends
Fortitude Gold (FTCO) has reported Gross Margin for 7 consecutive years, with 68.38% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 68.38%, up 1735.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 58.47% (up 942.0% YoY), and the FY2025 annual result was 54.1%, up 500.0% from the prior year.
- Gross Margin was 68.38% for Q1 2026 at Fortitude Gold, up from 66.12% in the prior quarter.
- Over five years, Gross Margin peaked at 68.38% in Q1 2026 and troughed at 43.98% in Q1 2022.
- Average Gross Margin over 5 years is 53.07%, with a median of 51.38% recorded in 2022.
- Year-over-year, Gross Margin plunged 893 bps in 2024 and surged 1735 bps in 2026.
- Over 5 years, Gross Margin stood at 51.38% in 2022, then gained by 3 bps to 52.81% in 2023, then fell by 8 bps to 48.78% in 2024, then surged by 36 bps to 66.12% in 2025, then grew by 3 bps to 68.38% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 68.38% in Q1 2026, 66.12% in Q4 2025, and 52.99% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Barrick Mining | 978.09 Bn | 980.39 Bn | 3.12 Bn | 59.77% |
| 2 | Trx Gold | 189.48 Bn | 189.48 Bn | 21.05 Mn | 61.79% |
| 3 | Newmont | 101.22 Bn | 92.61 Bn | 7.29 Bn | 99.74% |
| 4 | OR Royalties | 53.18 Bn | 53.08 Bn | 88.84 Mn | 86.39% |
| 5 | Wheaton Precious Metals | 50.59 Bn | 48.43 Bn | 699.37 Mn | 77.58% |
| 6 | Aura Minerals | 50.25 Bn | 50.25 Bn | 19.58 Mn | 54.68% |
| 7 | Franco Nevada | 40.21 Bn | 39.50 Bn | 526.30 Mn | 80.88% |
| 8 | Gold Fields | 30.19 Bn | 28.41 Bn | - | - |
| 9 | Kinross Gold | 28.01 Bn | 25.95 Bn | 1.44 Bn | 59.87% |
| 10 | Fortitude Gold | 125.55 Mn | 116.03 Mn | 2.19 Mn | 68.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 68.38% |
| Dec 31, 2025 | 66.12% |
| Sep 30, 2025 | 52.99% |
| Jun 30, 2025 | 53.53% |
| Mar 31, 2025 | 51.03% |
| Dec 31, 2024 | 48.78% |
| Sep 30, 2024 | 46.72% |
| Jun 30, 2024 | 50.43% |
| Mar 31, 2024 | 50.91% |
| Dec 31, 2023 | 52.81% |
| Sep 30, 2023 | 55.65% |
| Jun 30, 2023 | 58.41% |
| Mar 31, 2023 | 57.27% |
| Dec 31, 2022 | 51.38% |
| Sep 30, 2022 | 45.61% |
| Jun 30, 2022 | 48.23% |
| Mar 31, 2022 | 43.98% |
| Dec 31, 2021 | 45.43% |
| Sep 30, 2021 | 47.20% |
| Jun 30, 2021 | 50.80% |