FURY (Fury Gold Mines) Operating Income: $-15.55 Mil (TTM As of Mar. 2026)

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FURY Fury Gold Mines Ltd FURY
34 GF Score
Price $0.54
! 1 Warning Sign
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What is Fury Gold Mines Operating Income?

Fury Gold Mines FURY -3.08% 34 Operating Income is $-15.55 Mil as of Mar. 2026. GuruFocus rates FURY with a GF Score™ of 34/100. The stock has 1 warning sign investors should review.

Fury Gold Mines's Operating Income for the three months ended in Mar. 2026 was $-4.67 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-15.55 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Fury Gold Mines's Operating Income for the three months ended in Mar. 2026 was $-4.67 Mil. Fury Gold Mines's Revenue for the three months ended in Mar. 2026 was $0.00 Mil. Therefore, Fury Gold Mines's Operating Margin % for the quarter that ended in Mar. 2026 was %.

Fury Gold Mines's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fury Gold Mines's annualized ROC % for the quarter that ended in Mar. 2026 was -40.14%. Fury Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 120.54%.


Fury Gold Mines  (AMEX:FURY) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Fury Gold Mines's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-18.668 * ( 1 - 0% )/( (55.914 + 37.098)/ 2 )
=-18.668/46.506
=-40.14 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Fury Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=43.912/( ( (36.401 + max(-1.34, 0)) + (36.459 + max(-1.035, 0)) )/ 2 )
=43.912/( ( 36.401 + 36.459 )/ 2 )
=43.912/36.43
=120.54 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.286 + 0 + 0.429) - (1.466 + 0.016 + 0.573)
=-1.34

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.399 + 0 + 0.56999999999999) - (1.544 + 0.016 + 0.444)
=-1.035

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Fury Gold Mines's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-4.667/0
= %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Fury Gold Mines Operating Income Related Terms


Fury Gold Mines Operating Income Historical Data

* Premium members only.

The historical data trend for Fury Gold Mines's Operating Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fury Gold Mines Operating Income Chart

Fury Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.60 -11.39 -11.18 -7.39 -13.34

Fury Gold Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.38 -3.32 -4.02 -3.55 -4.67
FURY
34GF Score
Fury Gold Mines Ltd FURY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Fury Gold Mines Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.55 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-15.55 Mil mean?
Fury Gold Mines (FURY) has a Operating Income of $-15.55 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Fury Gold Mines and its competitors.
Is Fury Gold Mines' Operating Income too high?
Fury Gold Mines' current Operating Income is $-15.55 Mil. Overall, Fury Gold Mines has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Fury Gold Mines' Operating Income compare to competitors?
Fury Gold Mines' Operating Income of $-15.55 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Metals & Mining company?
A good Operating Income depends on the Metals & Mining industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Fury Gold Mines and its competitors. Fury Gold Mines's current Operating Income is $-15.55 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fury Gold Mines stock overvalued right now?
Fury Gold Mines (FURY) has a current Operating Income of $-15.55 Mil. The current Operating Income is $-15.55 Mil. Fury Gold Mines' overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Fury Gold Mines (FURY), the current Operating Income is $-15.55 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fury Gold Mines Business Description

Address 401 Bay Street, 16th Floor, Toronto, ON, CAN, M5H 2Y4
Fury Gold Mines Ltd is a Canadian-focused high-grade gold exploration company. The company's projects are strategically positioned in two prolific mining regions: the Eeyou Istchee James Bay Region of Quebec and the Kitikmeot Region in Nunavut. Fury Gold's project portfolio comprises the Committee Bay gold project in Nunavut, and the Eau Claire gold, Sakami gold, Elmer East gold and lithium, and Eleonore South gold projects in Quebec. Additionally, it also owns interests in the Kipawa rare earths project and has full ownership of the Zeus heavy rare earths project, both located in the Temiscamingue region of Quebec. The company operates in two reportable segments: Quebec and Nunavut.
34GF Score

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Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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