Filing Flows › Fortitude Gold (FTCO) › Q2 2026
Fortitude Gold (FTCO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 4, 2026
Fortitude Gold (FTCO) reported revenue of $8.2M for the second quarter 2026 (Q2 2026), +68% from a year earlier and +156% from the quarter before. Operating margin was 11.0%, net loss $1.9M (23.0% of revenue).
Fortitude Gold, Q2 2026: revenue $8.2M (+68% year over year), operating margin 11.0%, net loss $1.9M, operating cash flow −$4.4M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.2M | +156% | +68% |
| Operating profit | $899K | — | -72% |
| Net earnings | −$1.9M | — | -322% |
| Operating cash flow | −$4.4M | — | — |
What changed
Revenue was $8.2M in Q2 2026, up 68% year over year and up 156% from the previous quarter.
Gross margin was 66.1%, up 11.7 points from Q2 2025. Operating profit was $899K, a 11.0% margin (down 54.4 points year over year). Operating profit fell $2.3M even though revenue rose $3.3M versus Q2 2025, so costs grew faster than sales. The quarter ended with a net loss of $1.9M, narrower than the previous quarter's $1.9M loss. Minority interests bore $2.5M of it: to shareholders the quarter was a profit of $577K. Net interest and other expense of $2.8M was the main reason.
Operating cash flow was −$4.4M. Non-cash charges added back $600K of depreciation and amortization and $523K of share-based compensation. Working capital and other items used $3.6M. Capital expenditures of $710K exceeded it, leaving free cash flow of −$5.1M.
Questions
What was Fortitude Gold's revenue in the second quarter 2026?
Fortitude Gold (FTCO) reported revenue of $8.2M for the second quarter 2026 (Q2 2026), +68% from a year earlier and +156% from the quarter before.
Was Fortitude Gold profitable in the second quarter 2026?
Operating profit was $899K (11.0% of revenue) and net loss $1.9M.
Source: Fortitude Gold 10-Q on SEC EDGAR.