Fortitude Gold (FTCO) Operating Expenses (2020 - 2026)
Fortitude Gold's (FTCO) quarterly Operating Expenses came in at $4.1 million in Q1 2026, up 96.98% YoY from $2.1 million in Q1 2025, and up 17.67% on a QoQ basis from $3.5 million in Q4 2025.
Fortitude Gold (FTCO) Operating Expenses (2020 - 2026) Analysis & Trends
Fortitude Gold (FTCO) has 7 years of Operating Expenses data on file, last reported at $4.1 million in Q1 2026.
- Quarterly Operating Expenses rose 96.98% year-over-year to $4.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $11.5 million (down 21.91% YoY) and the FY2025 annual result came in at $9.5 million, down 43.78% from the prior year.
- Operating Expenses grew to $4.1 million in Q1 2026, from $3.5 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $6.7 million in Q2 2023 to a low of $1.7 million in Q2 2025.
- A 5-year average of $4.0 million and a median of $4.1 million in 2026 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2025 — Operating Expenses sank 66.31% — and 2026, when it jumped 96.98%.
- Tracing FTCO's Operating Expenses over 5 years: 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Newmont | 140.45 Bn | 131.44 Bn | 4.03 Bn | 3.02 Bn |
| 2 | Agnico Eagle Mines | 108.80 Bn | 105.34 Bn | 2.43 Bn | 119.48 Mn |
| 3 | Barrick Mining | 79.45 Bn | 73.52 Bn | 2.90 Bn | 165.00 Mn |
| 4 | Wheaton Precious Metals | 71.58 Bn | 71.48 Bn | 687.86 Mn | 11.33 Mn |
| 5 | AngloGold Ashanti | 61.94 Bn | 59.11 Bn | 1.70 Bn | 1.06 Bn |
| 6 | Gold Fields | 42.71 Bn | 40.93 Bn | - | - |
| 7 | Pan American Silver | 22.35 Bn | 20.78 Bn | 457,000.00 | -18,000.00 |
| 8 | Royal Gold | 21.96 Bn | 21.77 Bn | 390.45 Mn | 173.18 Mn |
| 9 | Coeur Mining | 21.68 Bn | 20.62 Bn | 535.85 Mn | 869.08 Mn |
| 10 | Fortitude Gold | 133.41 Mn | 119.86 Mn | 5.42 Mn | 7.30 Mn |
Historic Data
Download 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 | 1.65 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 |