Fortuna Mining Corp.
FSM- Exchange
- NYSE
- Industry
- Gold and Silver Ores
- SEC CIK
- 0001341335
No open-market purchases or sales by Fortuna Mining Corp. insiders were filed in the last 90 days; 245 institutions reported holding it in 13F filings for Q2 2026, worth $1.65B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 12:51 PM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 40-F | 40-F | 40-F | 40-F | 40-F |
| Reported | – | – | – | – | – |
| Revenue | $947.1M | $1.06B | $842.4M | $681.5M | $599.9M |
| Cost of revenue | $480.2M | $718.4M | $652.4M | $534.7M | $394.4M |
| Gross profit | $466.9M | $343.6M | $190.0M | $146.8M | $205.5M |
| Selling, general and administrative | $97.7M | $76.1M | $64.1M | $61.5M | $45.4M |
| Operating income | $408.4M | $228.0M | -$407.0K | -$113.6M | $136.9M |
| Interest expense | – | – | $18.4M | $8.88M | $10.2M |
| Income tax | $111.4M | $70.3M | $32.6M | $10.8M | $47.8M |
| Net income | $311.1M | $141.9M | -$43.6M | -$135.9M | $59.4M |
| EPS, basic | $0.94 | $0.42 | $-0.17 | $-0.44 | $0.24 |
| EPS, diluted | $0.90 | $0.41 | $-0.17 | $-0.44 | $0.23 |
| Weighted shares, basic | 306.9M | 308.9M | 295.1M | 291.3M | 238.0M |
| Weighted shares, diluted | 334.9M | 310.7M | 295.1M | 291.3M | 249.4M |
| Margins and growth | |||||
| Gross margin | 49.3% | 32.4% | 22.6% | 21.5% | 34.3% |
| Operating margin | 43.1% | 21.5% | -0.0% | -16.7% | 22.8% |
| Net margin | 32.8% | 13.4% | -5.2% | -19.9% | 9.9% |
| Revenue growth, year over year | −10.8% | +26.1% | +23.6% | +13.6% | +115.0% |
| Net income growth, year over year | +119.2% | – | – | −328.8% | +175.6% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 40-F | 40-F | 40-F | 40-F | 40-F |
| Reported | – | – | – | – | – |
| Cash and equivalents | $554.0M | $231.3M | $128.1M | $80.5M | $107.1M |
| Accounts receivable | $20.8M | $26.7M | $69.5M | $68.2M | $76.5M |
| Inventory | $122.7M | $134.5M | $115.8M | $92.0M | $85.8M |
| Total current assets | $764.5M | $486.2M | $333.3M | $252.7M | $281.1M |
| Property, plant and equipment | – | – | – | $1.57B | $1.71B |
| Total assets | $2.36B | $2.12B | $1.97B | $1.88B | $2.02B |
| Accounts payable | $153.4M | $151.6M | $148.1M | $111.9M | $133.8M |
| Short-term debt | – | – | $43.9M | – | – |
| Total current liabilities | $256.4M | $256.0M | $243.8M | $135.1M | $166.8M |
| Total liabilities | $625.3M | $649.5M | $679.7M | $587.5M | $592.4M |
| Shareholders' equity | $1.74B | $1.47B | $1.29B | $1.29B | $1.43B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 40-F | 40-F | 40-F | 40-F | 40-F |
| Reported | – | – | – | – | – |
| Operating cash flow | – | $365.7M | $296.9M | $194.2M | $147.1M |
| Depreciation and amortization | – | $226.8M | $216.3M | $171.4M | $121.1M |
| Share buybacks | $10.3M | $34.1M | – | $5.93M | – |
| Investing cash flow | – | -$194.4M | -$216.9M | -$255.3M | -$118.5M |
| Financing cash flow | – | -$66.1M | -$32.7M | $38.5M | -$51.4M |
| Net change in cash | $251.9M | $103.2M | $47.7M | -$26.6M | -$24.8M |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Dec 31, 2025 | 306.0M | −0.2% | SEC |
| Dec 31, 2024 | 306.6M | 0.0% | SEC |
| Dec 31, 2023 | 306.6M | +5.6% | SEC |
| Dec 31, 2022 | 290.2M | −0.4% | SEC |
| Dec 31, 2021 | 291.5M | – | SEC |
| Mar 9, 2021 | 184.2M | +14.9% | SEC |
| Mar 10, 2020 | 160.3M | +0.2% | SEC |
| Mar 12, 2019 | 159.9M | – | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.