Fortitude Gold (FTCO) Gross Margin (2020 - 2026)
Fortitude Gold's (FTCO) quarterly Gross Margin came in at 68.38% in Q1 2026, up 1735.0% YoY from 3.73% in Q1 2025, and up 3.4% on a QoQ basis from 66.12% in Q4 2025.
Fortitude Gold (FTCO) Gross Margin (2020 - 2026) Analysis & Trends
Fortitude Gold (FTCO) has 7 years of Gross Margin data on file, last reported at 68.38% in Q1 2026.
- Quarterly Gross Margin rose 1735.0% year-over-year to 68.38% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 58.47% (up 942.0% YoY) and the FY2025 annual result came in at 54.1%, up 500.0% from the prior year.
- Gross Margin improved to 68.38% in Q1 2026, from 66.12% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 68.38% in Q1 2026 to a low of 43.98% in Q1 2022.
- A 5-year average of 53.07% and a median of 51.38% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 893 bps — and 2026, when it soared 1735 bps.
- Tracing FTCO's Gross Margin over 5 years: stood at 51.38% in 2022, then grew by 3 bps to 52.81% in 2023, then slipped by 8 bps to 48.78% in 2024, then surged by 36 bps to 66.12% in 2025, then gained by 3 bps to 68.38% in 2026.
- The last three Gross Margin figures came in at 68.38% (Q1 2026), 66.12% (Q4 2025), and 52.99% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 136.03 Bn | 127.02 Bn | 4.03 Bn | 65.87% |
| 2 | Agnico Eagle Mines | 106.09 Bn | 102.63 Bn | 2.43 Bn | 63.79% |
| 3 | Barrick Mining | 77.15 Bn | 71.23 Bn | 2.90 Bn | 54.74% |
| 4 | Wheaton Precious Metals | 68.18 Bn | 68.08 Bn | 687.86 Mn | 74.03% |
| 5 | AngloGold Ashanti | 58.68 Bn | 55.85 Bn | 1.70 Bn | 54.86% |
| 6 | Gold Fields | 40.68 Bn | 38.90 Bn | - | - |
| 7 | Pan American Silver | 21.86 Bn | 20.29 Bn | 457,000.00 | 40.66% |
| 8 | Coeur Mining | 21.72 Bn | 20.67 Bn | 535.85 Mn | 49.36% |
| 9 | Royal Gold | 21.39 Bn | 21.20 Bn | 390.45 Mn | 86.66% |
| 10 | Fortitude Gold | 135.34 Mn | 121.79 Mn | 5.42 Mn | 66.09% |
Historic Data
Download 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 | 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% |