Cannae Holdings (CNNE) Operating Expenses (2016 - 2026)
Cannae Holdings (CNNE) posted Operating Expenses of $159 million for Q2 2026, down 7.1% from $171.1 million a year earlier but up 34.4% from the prior quarter.
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Analysis
Cannae Holdings (CNNE) Operating Expenses (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at Cannae Holdings was $524.8 million, down 6.2% year-over-year; for FY2025, it came in at $543.2 million, down 2.3% from FY2024.
- Annual Operating Expenses has declined for four consecutive years, with a five-year compound annual growth rate of -6.8% (FY2020 to FY2025).
- In prior years, Cannae Holdings' Operating Expenses was $556.2 million in FY2024 (-19.3%), $688.9 million in FY2023 (-14.6%), $806.7 million in FY2022 (-7.9%) and $875.7 million in FY2021 (+13.1%).
- Quarterly Operating Expenses has run from a low of $118.3 million in Q1 2026 to a high of $243 million in Q1 2022 over five years.
- On a year-over-year basis, Operating Expenses has declined in each of the last four quarters, with an average decline of 7.7% over the last eight quarters.
- The strongest year-over-year quarter for Operating Expenses in the past five years was Q3 2021, with growth of 25.4%; the weakest was Q3 2024, with a decline of 32.5%.
- According to Business Quant data, Operating Expenses for the three prior quarters was $118.3 million (Q1 2026), $127.4 million (Q4 2025) and $120.1 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 178.21 Bn | 124.34 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 137.31 Bn | -420.70 Bn | - | 149.76 Mn |
| 3 | Blackstone | 87.93 Bn | 77.91 Bn | - | 2.38 Bn |
| 4 | Brookfield | 84.85 Bn | -98.46 Bn | - | 14.94 Bn |
| 5 | Kkr | 80.55 Bn | 699.31 Mn | - | 5.41 Bn |
| 6 | Brookfield Asset Management | 73.79 Bn | 68.60 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 66.18 Bn | -16.62 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 59.75 Bn | 55.17 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 46.77 Bn | 44.14 Bn | 451.00 Mn | 5.30 Mn |
| 10 | Cannae Holdings | 704.05 Mn | 82.15 Mn | 16.90 Mn | 159.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 159.00 Mn |
| Mar 31, 2026 | 118.30 Mn |
| Dec 31, 2025 | 127.40 Mn |
| Sep 30, 2025 | 120.10 Mn |
| Jun 30, 2025 | 171.10 Mn |
| Mar 31, 2025 | 124.60 Mn |
| Dec 31, 2024 | 131.90 Mn |
| Sep 30, 2024 | 132.00 Mn |
| Jun 30, 2024 | 141.00 Mn |
| Mar 31, 2024 | 151.30 Mn |
| Dec 31, 2023 | 144.00 Mn |
| Sep 30, 2023 | 195.50 Mn |
| Jun 30, 2023 | 172.40 Mn |
| Mar 31, 2023 | 177.00 Mn |
| Dec 31, 2022 | 176.40 Mn |
| Sep 30, 2022 | 185.80 Mn |
| Jun 30, 2022 | 201.50 Mn |
| Mar 31, 2022 | 243.00 Mn |
| Dec 31, 2021 | 218.40 Mn |
| Sep 30, 2021 | 210.80 Mn |
API Access
Cannae Holdings Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=CNNE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "CNNE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=CNNE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();