Fortitude Gold (FTCO) Gross Margin (2020 - 2026)
Fortitude Gold (FTCO) recorded Gross Margin of 66.09% in Q2 2026, up 11.73 percentage points from 54.35% a year earlier but down 2.29 percentage points from the prior quarter.
Fortitude Gold (FTCO) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Fortitude Gold's Gross Margin came in at 63.17% as of Jun 30, 2026, up 13.72 percentage points year-over-year; for FY2025, it came in at 54.10%, up 5.00 percentage points from FY2024.
- Annual Gross Margin has a five-year change of +24.12 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 49.11% in FY2024 (-7.32 pp), 56.42% in FY2023 (+8.84 pp), 47.59% in FY2022 (-1.82 pp) and 49.40% in FY2021 (+19.42 pp).
- Quarterly Gross Margin has ranged from 43.98% in Q1 2022 to 68.38% in Q1 2026 over the past five years.
- On a year-over-year basis, Gross Margin has increased for six consecutive quarters, with an average year-over-year change of +5.47 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 17.35 percentage points in Q1 2026, against a drop of 8.93 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 68.38% (Q1 2026), 66.12% (Q4 2025) and 52.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn | 67.60% |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn | 65.87% |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn | 31.10% |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn | 63.79% |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn | 54.74% |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn | 19.56% |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - | - |
| 10 | Fortitude Gold | 128.99 Mn | 89.04 Mn | 5.42 Mn | 66.09% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 66.09% |
| Mar 31, 2026 | 68.38% |
| Dec 31, 2025 | 66.12% |
| Sep 30, 2025 | 52.99% |
| Jun 30, 2025 | 54.35% |
| 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% |
Fortitude Gold Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FTCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FTCO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FTCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();