Fortitude Gold (FTCO) Gross Margin (2020 - 2026)
Fortitude Gold (FTCO) reported Gross Margin of 68.38% for Q1 2026, up 1735.0% on a YoY basis from 3.73% in Q1 2025, and up 3.4% quarter-over-quarter from 66.12% in Q4 2025.
Fortitude Gold (FTCO) Gross Margin (2020 - 2026) Analysis & Trends
Fortitude Gold has reported Gross Margin for 7 years, with the latest figure at 68.38% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 1735.0% year-over-year to 68.38%; the trailing twelve-month figure through Mar 2026 stood at 58.47% (up 942.0% YoY), and the FY2025 full-year result was 54.1%, up 500.0% from the prior year.
- Gross Margin for Q1 2026 stood at 68.38%, up from 66.12% in the prior quarter.
- The five-year high for Gross Margin was 68.38% in Q1 2026, with the low at 43.98% in Q1 2022.
- Historically, Gross Margin has averaged 53.07% across 5 years, with a median of 51.38% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 893 bps — and 2026, when it soared 1735 bps.
- Fortitude Gold's Gross Margin 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 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | - |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 59.77% |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 77.58% |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 74.11% |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 59.87% |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 99.74% |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | - |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 60.04% |
| 10 | Fortitude Gold | - | - | 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% |