Franco Nevada (FNV) Cost of Revenue (2010 - 2026)
Franco Nevada's Cost of Revenue came in at $45.9 million for the quarter ended Jun 30, 2026, up 37.0% from $33.5 million a year earlier but down 1.3% from the prior quarter.
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Analysis
Franco Nevada (FNV) Cost of Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Franco Nevada reported Cost of Revenue of $189.2 million, up 36.8% year-over-year; for the year ended Dec 31, 2025, it came in at $168.8 million, up 30.9% from the prior year.
- Cost of Revenue carries a five-year compound annual growth rate of 1.2% (years ended Dec 2020 to Dec 2025).
- Going back by year, Cost of Revenue was $129 million in the year ended Dec 31, 2024 (-28.1%), $179.3 million in the year ended Dec 31, 2023 (+1.4%), $176.9 million in the year ended Dec 31, 2022 (-0.8%) and $178.3 million in the year ended Dec 31, 2021 (+12.3%).
- The five-year range for quarterly Cost of Revenue is $29.1 million (the quarter ended Jun 30, 2024) to $49.6 million (the quarter ended Dec 31, 2025).
- Year-over-year, Cost of Revenue has increased for six consecutive quarters, with growth averaging 15.1% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Sep 30, 2025 (growth of 48.0%), and the weakest in the quarter ended Jun 30, 2024 (a decline of 38.2%).
- Business Quant data shows FNV's Cost of Revenue at $46.5 million (quarter ended Mar 31, 2026), $49.6 million (quarter ended Dec 31, 2025) and $47.2 million (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 174.20 Bn | 120.33 Bn | - | - |
| 2 | Spdr Gold Trust | 138.44 Bn | -419.56 Bn | - | - |
| 3 | Blackstone | 87.49 Bn | 77.47 Bn | - | - |
| 4 | Brookfield | 82.77 Bn | -100.54 Bn | - | - |
| 5 | Kkr | 78.18 Bn | -1.68 Bn | - | - |
| 6 | Brookfield Asset Management | 73.40 Bn | 68.21 Bn | - | - |
| 7 | Apollo Global Management | 66.42 Bn | -16.38 Bn | 10.56 Bn | 594.00 Mn |
| 8 | Wheaton Precious Metals | 60.41 Bn | 55.83 Bn | 687.86 Mn | 241.35 Mn |
| 9 | Franco Nevada | 46.41 Bn | 43.77 Bn | 451.00 Mn | 129.90 Mn |
| 10 | Ameriprise Financial | 46.07 Bn | 7.49 Bn | 4.72 Bn | 294.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 129.90 Mn |
| Mar 31, 2026 | 46.50 Mn |
| Dec 31, 2025 | 136.90 Mn |
| Sep 30, 2025 | 134.20 Mn |
| Jun 30, 2025 | 97.50 Mn |
| Mar 31, 2025 | 38.50 Mn |
| Dec 31, 2024 | 94.40 Mn |
| Sep 30, 2024 | 86.10 Mn |
| Jun 30, 2024 | 82.00 Mn |
| Mar 31, 2024 | 33.60 Mn |
| Dec 31, 2023 | 318.20 Mn |
| Sep 30, 2023 | 48.90 Mn |
| Jun 30, 2023 | 122.20 Mn |
| Mar 31, 2023 | 38.20 Mn |
| Dec 31, 2022 | 332.00 Mn |
| Sep 30, 2022 | 42.00 Mn |
| Jun 30, 2022 | 115.10 Mn |
| Mar 31, 2022 | 43.60 Mn |
| Dec 31, 2021 | 245.40 Mn |
| Jun 30, 2021 | 124.50 Mn |
API Access
Franco Nevada Cost of Revenue 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=cost-of-revenue&ticker=FNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "FNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();