Franco Nevada (FNV) Operating Expenses (2010 - 2026)
Franco Nevada (FNV) reported Operating Expenses of $7.8 million for the quarter ended Jun 30, 2026, down 18.8% from $9.6 million a year earlier and down 15.2% from the prior quarter.
Franco Nevada (FNV) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Franco Nevada's Operating Expenses came in at $33.3 million, down 3.2% year-over-year; for the year ended Dec 31, 2025, it was $35.3 million, up 8.0% from the prior year.
- Operating Expenses has a five-year compound annual growth rate of -34.1% (years ended Dec 2020 to Dec 2025).
- By year, Operating Expenses came in at $32.7 million in the year ended Dec 31, 2024 (-97.3%), $1.19 billion in the year ended Dec 31, 2023, $31.9 million in the year ended Dec 31, 2022 (+62.8%) and $19.6 million in the year ended Dec 31, 2021 (-93.1%).
- Five-year quarterly Operating Expenses spans a low of $4.5 million in the quarter ended Sep 30, 2021 and a high of $1.18 billion in the quarter ended Dec 31, 2023.
- Year over year, Operating Expenses gained in five of the last eight quarters, with an average decline of 5.6%.
- The high point for year-over-year Operating Expenses in five years was the quarter ended Dec 31, 2022 (growth of 134.6%); the low point was the quarter ended Dec 31, 2024 (a decline of 99.2%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $9.2 million (quarter ended Mar 31, 2026), $7.7 million (quarter ended Dec 31, 2025) and $8.6 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 187.99 Bn | 130.51 Bn | - | 5.42 Bn |
| 2 | Spdr Gold Trust | 134.28 Bn | -423.72 Bn | - | 149.76 Mn |
| 3 | Blackstone | 97.79 Bn | 87.77 Bn | - | 2.38 Bn |
| 4 | Brookfield | 95.78 Bn | -82.50 Bn | - | 14.94 Bn |
| 5 | Kkr | 88.02 Bn | 8.17 Bn | - | 5.41 Bn |
| 6 | Brookfield Asset Management | 85.12 Bn | 79.93 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 73.65 Bn | -12.51 Bn | 4.14 Bn | 6.21 Bn |
| 8 | Wheaton Precious Metals | 63.02 Bn | 59.95 Bn | 687.86 Mn | 11.33 Mn |
| 9 | Franco Nevada | 49.29 Bn | 45.99 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Ameriprise Financial | 46.94 Bn | 8.84 Bn | 4.89 Bn | 3.69 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.30 Mn |
| Mar 31, 2026 | 9.20 Mn |
| Dec 31, 2025 | 7.70 Mn |
| Sep 30, 2025 | 12.50 Mn |
| Jun 30, 2025 | 33.90 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 | 119.50 Mn |
Franco Nevada 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=FNV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=FNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();