Franco Nevada (FNV) Operating Expenses (2010 - 2026)

Franco Nevada (FNV) posted quarterly Operating Expenses of $9.2 million for Q1 2026, down 91.99% YoY from $114.9 million in Q1 2025, and up 19.48% sequentially from $7.7 million in Q4 2025.

Franco Nevada (FNV) Operating Expenses (2010 - 2026) Analysis & Trends

Franco Nevada has disclosed Operating Expenses across 17 years of filings, most recently posting $9.2 million for Q1 2026.

  • In Q1 2026, Operating Expenses fell 91.99% year-over-year to $9.2 million; the TTM figure through Mar 2026 stood at $93.0 million (down 70.68% YoY), while the FY2025 annual figure was $35.3 million, down 65.93% from the prior year.
  • Operating Expenses grew to $9.2 million in Q1 2026, from $7.7 million in the prior quarter.
  • Over the last five years, Operating Expenses for FNV reached as high as $1.3 billion in Q4 2023 and fell as low as $7.6 million in Q3 2024.
  • The 5-year median for Operating Expenses is $104.2 million (2023), against an average of $155.9 million.
  • Annual changes were most pronounced in 2022 — Operating Expenses soared 2919.05% — and 2024, when it sank 93.8%.
  • A 5-year view of Operating Expenses shows it stood at $131.5 million in 2022, then surged by 881.67% to $1.3 billion in 2023, then tumbled by 91.97% to $103.6 million in 2024, then tumbled by 92.57% to $7.7 million in 2025, then climbed by 19.48% to $9.2 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $9.2 million, $7.7 million, and $12.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Barrick Mining 978.09 Bn 980.39 Bn 3.12 Bn 155.00 Mn
2 Trx Gold 189.48 Bn 189.48 Bn 21.05 Mn -7.01 Mn
3 Newmont 101.22 Bn 92.61 Bn 7.29 Bn 2.84 Bn
4 OR Royalties 53.18 Bn 53.08 Bn 88.84 Mn -19.25 Mn
5 Wheaton Precious Metals 50.59 Bn 48.43 Bn 699.37 Mn 89.82 Mn
6 Aura Minerals 50.25 Bn 50.25 Bn 19.58 Mn -1.16 Mn
7 Franco Nevada 40.21 Bn 39.50 Bn 526.30 Mn 9.20 Mn
8 Gold Fields 30.19 Bn 28.41 Bn - -
9 Kinross Gold 28.01 Bn 25.95 Bn 1.44 Bn 83.10 Mn
10 Pan American Silver 18.70 Bn 17.09 Bn 608,000.00 -39,000.00

Historic Data

Download Data
DateValue
Mar 31, 2026 9.20 Mn
Dec 31, 2025 7.70 Mn
Sep 30, 2025 12.50 Mn
Jun 30, 2025 63.60 Mn
Mar 31, 2025 114.90 Mn
Dec 31, 2024 103.60 Mn
Sep 30, 2024 7.60 Mn
Jun 30, 2024 91.10 Mn
Mar 31, 2024 98.60 Mn
Dec 31, 2023 1.29 Bn
Sep 30, 2023 122.50 Mn
Jun 30, 2023 129.40 Mn
Mar 31, 2023 104.20 Mn
Dec 31, 2022 131.50 Mn
Sep 30, 2022 116.00 Mn
Jun 30, 2022 120.70 Mn
Mar 31, 2022 126.80 Mn
Dec 31, 2021 60.60 Mn
Sep 30, 2021 4.50 Mn
Jun 30, 2021 141.80 Mn