Fortuna Mining Corp. (FSM)
Fortuna Mining Corp. reported revenue of $947.1M in fiscal 2025, up 39.8% from a year earlier. Net income was $287.5M, a net margin of 30.4%. At December 31, 2025 it held $554M in cash. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 26, 2026.
Key facts about Fortuna Mining Corp.
- Net worth
- Fortuna Mining Corp. has a market value (market cap) of $3.1B at the latest share price, and shareholders' equity of $1.7B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $947.1M (+39.8% year on year), with net income of $287.5M.
- Latest report
- The latest periodic report (annual report (Canadian issuer), 40-F) was filed with the SEC on March 26, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Fortuna Mining Corp. does
Fortuna Mining Corp. is registered with the SEC under industry code SIC 1040 (Gold and Silver Ores). Its shares trade on NYSE under the ticker FSM.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $947.1M | $287.5M | $0.90 | n/a |
| 2024 | $677.2M | $128.7M | $0.41 | n/a |
| 2023 | $842.4M | -$50.8M | -$0.17 | n/a |
| 2022 | $681.5M | -$128.1M | -$0.44 | n/a |
| 2021 | $599.9M | $57.9M | $0.23 | n/a |
| 2020 | $279M | $21.6M | $0.12 | n/a |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where FSM ranks in Basic materials
Latest SEC filings
What Fortuna Mining Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026
- November 2, 2026
- November 2, 2026
- October 22, 2026
- October 20, 2026
- October 13, 2026
- October 8, 2026Passive stake changed SCHEDULE 13G/A
- October 7, 2026
- September 24, 2026
- September 1, 2026
Insider trades
What the people running Fortuna Mining Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
Who owns FSM
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Van Eck Associates Corp13G, passive | 6.84% | May 15, 2026 |
| Global X Management CO LLC13G, passive | 5.87% | February 17, 2026 |
| Dimensional Fund Advisors LP13G, passive | 5.2% | January 23, 2025 |
| Arrowstreet Capital, Limited Partnership13G, passive with 1 related filers | 5% | May 15, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 243 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Van Eck Associates Corp | 20,986,066 | +97,584 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 15,035,452 | -2,297,898 |
| Dimensional Fund Advisors LP | 10,562,217 | -71,940 |
| Vanguard Capital Management LLC | 8,839,150 | +62,036 |
| American Century Companies Inc | 8,530,023 | -233,527 |
| D. E. Shaw & Co., Inc. | 7,976,417 | +685,364 |
| Arrowstreet Capital, Limited Partnership | 6,564,537 | -8,404,233 |
| Morgan Stanley | 5,286,739 | -973,014 |
| Barclays PLC | 5,274,406 | +1,465,061 |
| Two Sigma Investments, LP | 5,241,620 | -226,751 |
| Norges Bank | 4,040,366 | new |
| Bank of America Corp | 3,820,677 | +964,369 |
| Invesco Ltd. | 3,566,459 | -396,734 |
| Millennium Management LLC | 3,336,789 | +1,097,168 |
| Point72 Asset Management, L.P. | 2,980,532 | +1,306,602 |
| Toronto Dominion Bank | 2,797,941 | -72,686 |
| Vanguard Fiduciary Trust Co | 2,662,575 | -752 |
| Goldman Sachs Group Inc | 2,595,169 | +32,330 |
| Nuveen, LLC | 2,482,269 | +57,013 |
| Bank of Montreal | 2,170,081 | -22,396 |
Insiders
Questions about FSM
What does Fortuna Mining Corp. do?
Fortuna Mining Corp. is a company in the Basic materials sector, listed on NYSE as FSM. Its shares trade on NYSE under the ticker FSM.
What is Fortuna Mining Corp.'s net worth?
Fortuna Mining Corp. has a market value (market cap) of $3.1B at the latest share price, and shareholders' equity of $1.7B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Fortuna Mining Corp. profitable?
Yes. In fiscal 2025 it reported net income of $287.5M on revenue of $947.1M, a net margin of 30.4%.
How much revenue does Fortuna Mining Corp. make?
In fiscal 2025 Fortuna Mining Corp. reported revenue of $947.1M. That is 39.8% more than a year earlier.
When did Fortuna Mining Corp. last report?
Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 26, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from November 5, 2026.
Similar companies
Compare FSM with
Follow FSM
Get an email when Fortuna Mining Corp. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values Fortuna Mining Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.