Fortuna Mining Operating Expenses Growth & History (FSM)
Fortuna Mining's operating expenses was $58.5M for fiscal 2025.
View full Fortuna Mining company overviewFortuna Mining annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $58.5M | −$18.7M | −24.23% |
| 2024 | 2024-12-31 | $77.2M | −$113.2M | −59.45% |
| 2023 | 2023-12-31 | $190.4M | −$69.9M | −26.85% |
| 2022 | 2022-12-31 | $260.3M | $191.8M | +279.53% |
| 2021 | 2021-12-31 | $68.6M | $15.6M | +29.47% |
| 2020 | 2020-12-31 | $53.0M | $2.6M | +5.15% |
| 2019 | 2019-12-31 | $50.4M | $15.4M | +44.02% |
| 2018 | 2018-12-31 | $35.0M | — | — |
| 2016 | 2016-12-31 | $32.1M | — | — |
Fortuna Mining quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.3M | −$1.4M | −6.30% |
| Q1 2026 | 2026-03-31 | $29.7M | — | — |
| Q4 2025 | 2025-12-31 | $27.6M | — | — |
| Q3 2025 | 2025-09-30 | $23.9M | — | — |
| Q2 2025 | 2025-06-30 | $21.6M | — | — |
Fortuna Mining operating expenses trends
Over the last five fiscal years, Fortuna Mining's operating expenses increased from $53.0M to $58.5M, a change of $5.5M. The latest reported quarter, Q2 2026, shows $20.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Fortuna Mining source filings ↗