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
DateValue
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%