Fortuna Mining Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,094	947.06	677.24	842.43	681.49	599.85
Revenue Growth (YoY)	50.28%	39.84%	-19.61%	23.61%	13.61%	115.03%
Cost of Revenue	234.83	480.16	443.88	652.4	534.7	394.38
Gross Profit	598.39	466.9	233.36	190.03	146.8	205.48
Selling, General & Admin	46.05	97.74	68.09	64.07	61.46	45.36
Exploration Expenses	-	-	-	-	-	1.01
Other Operating Expenses	66.35	66.26	9.13	126.36	196.27	22.23
Total Operating Expenses	112.39	164	77.21	190.43	257.73	68.6
Operating Income	532.56	408.39	156.15	-0.41	-113.55	136.88
Interest Income	2.19	3.36	9.72	12.4	-	-
Other Non-Operating Income (Expense)	8.95	4.76	9.72	9.9	24.11	-33.67
Total Non-Operating Income (Expense)	11.14	8.12	19.43	22.29	24.11	-33.67
Pretax Income	524.22	400.18	141.73	-11.05	-125.11	107.18
Provision for Income Taxes	96.01	111.4	51.42	32.58	10.8	47.78
Net Income	315.42	268.41	122.91	-50.84	-128.13	57.88
Minority Interest in Earnings	50.78	42.66	19	7.21	-7.77	1.52
Earnings From Discontinued Operations	-3.64	22.29	51.59	-	-	-
Net Income to Common	315.42	268.41	122.91	-50.84	-128.13	57.88
Net Income Growth	106.07%	118.38%	-	-	-	168.53%
Shares Outstanding (Basic)	307	307	309	295	291	238
Shares Outstanding (Diluted)	328	335	311	295	291	249
Shares Change (YoY)	4.78%	7.77%	5.31%	1.30%	16.77%	34.06%
EPS (Basic)	1.08	0.94	0.42	-0.17	-0.44	0.23
EPS (Diluted)	1.06	0.90	0.41	-0.17	-0.44	0.23
EPS Growth	103.85%	119.51%	-	-	-	91.67%
Shares Outstanding	304.56	305.76	306.93	306.59	290.22	291.53
Free Cash Flow	486.9	374.26	124.94	79.6	-56.99	-5.15
Free Cash Flow Growth	30.10%	199.56%	56.97%	-	-	-
Free Cash Flow Per Share	1.48	1.12	0.40	0.27	-0.20	-0.02
Gross Margin	54.67%	49.30%	34.46%	22.56%	21.54%	34.25%
Operating Margin	48.66%	43.12%	23.06%	-0.05%	-16.66%	22.82%
Profit Margin	33.46%	30.49%	13.34%	-5.18%	-19.94%	9.90%
FCF Margin	44.49%	39.52%	18.45%	9.45%	-8.36%	-0.86%
EBITDA	724.7	599.41	331.66	219.28	59.26	259.15
EBITDA Margin	66.21%	63.29%	48.97%	26.03%	8.70%	43.20%
EBIT	532.56	408.39	156.15	-0.41	-113.55	136.88
EBIT Margin	48.66%	43.12%	23.06%	-0.05%	-16.66%	22.82%
Effective Tax Rate	18.31%	27.84%	36.28%	-294.81%	-8.63%	44.58%

Updated May 6, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q