Fortitude Gold (FTCO) Operating Expenses (2020 - 2026)
Fortitude Gold (FTCO) reported Operating Expenses of $4.1 million for Q1 2026, up 96.98% on a YoY basis from $2.1 million in Q1 2025, and up 17.67% quarter-over-quarter from $3.5 million in Q4 2025.
Fortitude Gold (FTCO) Operating Expenses (2020 - 2026) Analysis & Trends
Fortitude Gold has reported Operating Expenses for 7 years, with the latest figure at $4.1 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 96.98% year-over-year to $4.1 million; the trailing twelve-month figure through Mar 2026 stood at $11.5 million (down 21.91% YoY), and the FY2025 full-year result was $9.5 million, down 43.78% from the prior year.
- Operating Expenses for Q1 2026 stood at $4.1 million, up from $3.5 million in the prior quarter.
- The five-year high for Operating Expenses was $6.7 million in Q2 2023, with the low at $1.7 million in Q2 2025.
- Historically, Operating Expenses has averaged $4.0 million across 5 years, with a median of $4.1 million in 2026.
- Annual changes were most pronounced in 2025 — Operating Expenses sank 66.31% — and 2026, when it jumped 96.98%.
- Fortitude Gold's Operating Expenses stood at $4.8 million in 2022, then declined by 6.4% to $4.4 million in 2023, then dropped by 13.6% to $3.8 million in 2024, then dropped by 9.13% to $3.5 million in 2025, then climbed by 17.67% to $4.1 million in 2026.
- The last three Operating Expenses figures came in at $4.1 million (Q1 2026), $3.5 million (Q4 2025), and $2.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Fortitude Gold | - | - | 2.19 Mn | 4.11 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.11 Mn |
| Dec 31, 2025 | 3.49 Mn |
| Sep 30, 2025 | 2.29 Mn |
| Jun 30, 2025 | 1.65 Mn |
| Mar 31, 2025 | 2.09 Mn |
| Dec 31, 2024 | 3.84 Mn |
| Sep 30, 2024 | 3.95 Mn |
| Jun 30, 2024 | 4.90 Mn |
| Mar 31, 2024 | 4.24 Mn |
| Dec 31, 2023 | 4.45 Mn |
| Sep 30, 2023 | 4.68 Mn |
| Jun 30, 2023 | 6.71 Mn |
| Mar 31, 2023 | 4.42 Mn |
| Dec 31, 2022 | 4.75 Mn |
| Sep 30, 2022 | 5.39 Mn |
| Jun 30, 2022 | 3.59 Mn |
| Mar 31, 2022 | 3.71 Mn |
| Dec 31, 2021 | 3.79 Mn |
| Sep 30, 2021 | 3.45 Mn |
| Jun 30, 2021 | 2.27 Mn |