Franco Nevada (FNV) Operating Expenses (2010 - 2026)
Franco Nevada (FNV) reported Operating Expenses of $9.2 million for Q1 2026, down 2.13% year-over-year from $9.4 million in Q1 2025, and up 19.48% quarter-over-quarter from $7.7 million in Q4 2025.
Franco Nevada (FNV) Operating Expenses (2010 - 2026) Analysis & Trends
Franco Nevada (FNV) has 17 years of Operating Expenses data on file, last reported at $9.2 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $9.2 million, down 2.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $35.1 million (down 1.4% YoY), and the FY2025 annual result was $35.3 million, up 7.29% from the prior year.
- Operating Expenses improved to $9.2 million in Q1 2026 per FNV's latest filing, from $7.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $12.5 million in Q3 2025 and troughed at $4.2 million in Q1 2024.
- A 5-year average of $7.3 million and a median of $6.4 million in 2022 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2022 and 2025: Operating Expenses sank 66.47% in 2022, then jumped 123.81% in 2025.
- A 5-year view of Operating Expenses shows it stood at $6.4 million in 2022, then retreated by 4.69% to $6.1 million in 2023, then surged by 80.33% to $11.0 million in 2024, then declined by 30.0% to $7.7 million in 2025, then climbed by 19.48% to $9.2 million in 2026.
- Business Quant data shows FNV's Operating Expenses at $9.2 million in Q1 2026, $7.7 million in Q4 2025, and $12.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Seabridge Gold | 2,186.27 Bn | 2,186.17 Bn | - | -4.48 Mn |
| 2 | Barrick Mining | 996.87 Bn | 999.60 Bn | 3.12 Bn | 155.00 Mn |
| 3 | Wheaton Precious Metals | 410.57 Bn | 409.42 Bn | 699.37 Mn | 76.85 Mn |
| 4 | Alamos Gold | 136.28 Bn | 135.62 Bn | 442.20 Mn | 19.40 Mn |
| 5 | Gold Fields | 128.61 Bn | 126.83 Bn | - | - |
| 6 | Kinross Gold | 103.07 Bn | 100.89 Bn | 1.44 Bn | 83.10 Mn |
| 7 | Newmont | 100.59 Bn | 91.98 Bn | 7.29 Bn | 2.84 Bn |
| 8 | Equinox Gold | 47.64 Bn | 47.14 Bn | - | 300,000.00 |
| 9 | AngloGold Ashanti | 44.52 Bn | 41.55 Bn | 1.94 Bn | 999.00 Mn |
| 10 | Franco Nevada | 506.41 Mn | -164.49 Mn | 526.30 Mn | 9.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.20 Mn |
| Dec 31, 2025 | 7.70 Mn |
| Sep 30, 2025 | 12.50 Mn |
| Jun 30, 2025 | 5.70 Mn |
| Mar 31, 2025 | 9.40 Mn |
| Dec 31, 2024 | 11.00 Mn |
| Sep 30, 2024 | 7.60 Mn |
| Jun 30, 2024 | 7.60 Mn |
| Mar 31, 2024 | 4.20 Mn |
| Dec 31, 2023 | 6.10 Mn |
| Sep 30, 2023 | 5.00 Mn |
| Jun 30, 2023 | 6.20 Mn |
| Mar 31, 2023 | 6.20 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Sep 30, 2022 | 4.70 Mn |
| Jun 30, 2022 | 5.80 Mn |
| Mar 31, 2022 | 8.60 Mn |
| Dec 31, 2021 | -38.60 Mn |
| Sep 30, 2021 | 4.50 Mn |
| Jun 30, 2021 | 17.30 Mn |