Fortitude Gold (FTCO) Operating Expenses (2020 - 2026)
Fortitude Gold's Operating Expenses came in at $7.3 million for Q2 2026, up 331.7% from $1.69 million a year earlier and up 77.8% from the prior quarter.
Fortitude Gold (FTCO) Operating Expenses (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Fortitude Gold reported Operating Expenses of $17.2 million, up 48.6% year-over-year; for FY2025, it came in at $9.52 million, down 43.8% from FY2024.
- Operating Expenses carries a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- Going back by year, Operating Expenses was $16.93 million in FY2024 (-16.4%), $20.26 million in FY2023 (+16.2%), $17.43 million in FY2022 (+2.4%) and $17.03 million in FY2021 (+195.5%).
- The Q2 2026 figure represents the highest quarterly Operating Expenses since Q1 2021.
- Year-over-year, Operating Expenses increased in two of the last eight quarters, with growth averaging 29.0%.
- The fastest year-over-year change in Operating Expenses over five years came in Q2 2026 (growth of 331.7%), and the weakest in Q2 2025 (a decline of 65.5%).
- Business Quant data shows FTCO's Operating Expenses at $4.11 million (Q1 2026), $3.49 million (Q4 2025) and $2.29 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 179.45 Bn | 145.58 Bn | - | - |
| 2 | Southern Copper | 169.08 Bn | 147.94 Bn | 2.90 Bn | 1.67 Bn |
| 3 | Newmont | 122.31 Bn | 90.49 Bn | 4.03 Bn | 3.02 Bn |
| 4 | Ternium | 109.20 Bn | 74.25 Bn | 941.02 Mn | -427.80 Mn |
| 5 | Freeport-Mcmoran | 103.31 Bn | 99.46 Bn | 2.19 Bn | 5.03 Bn |
| 6 | Agnico Eagle Mines | 92.04 Bn | 92.04 Bn | 2.43 Bn | 57.95 Mn |
| 7 | Barrick Mining | 68.84 Bn | 53.58 Bn | 2.90 Bn | 165.00 Mn |
| 8 | Nucor | 55.48 Bn | 46.02 Bn | 2.03 Bn | 405.00 Mn |
| 9 | ArcelorMittal | 53.16 Bn | 34.19 Bn | - | -780.00 Mn |
| 10 | Fortitude Gold | 130.66 Mn | 94.26 Mn | 5.42 Mn | 7.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.30 Mn |
| Mar 31, 2026 | 4.11 Mn |
| Dec 31, 2025 | 3.49 Mn |
| Sep 30, 2025 | 2.29 Mn |
| Jun 30, 2025 | 1.69 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 |
Fortitude Gold Operating Expenses 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=operating-expenses&ticker=FTCO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FTCO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();