Fortis (FORFF) Operating Expenses (2014 - 2026)
Fortis' (FORFF) quarterly Operating Expenses came in at $626.1 million in Q2 2026, up 9.94% on a YoY basis from $569.4 million in Q2 2025, and up 1.6% quarter-over-quarter from $616.2 million in Q1 2026.
Analysis
Fortis (FORFF) Operating Expenses (2014 - 2026) Analysis & Trends
Fortis (FORFF) has reported Operating Expenses for 13 consecutive years, with $626.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 9.94% year-over-year to $626.1 million; the trailing twelve-month figure through Jun 2026 stood at $2.4 billion (up 7.08% YoY), and the FY2025 full-year result was $2.3 billion, up 7.09% from the prior year.
- Operating Expenses grew to $626.1 million in Q2 2026 per FORFF's latest filing, from $616.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $626.1 million in Q2 2026 and bottomed at $483.1 million in Q3 2022.
- Historically, Operating Expenses has averaged $555.0 million across 5 years, with a median of $550.6 million in 2023.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses increased 0.79% in 2022, then grew 9.94% in 2026.
- Over 5 years, Operating Expenses stood at $534.1 million in 2022, then climbed by 3.56% to $553.1 million in 2023, then gained by 2.89% to $569.1 million in 2024, then increased by 5.97% to $603.1 million in 2025, then gained by 3.81% to $626.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $626.1 million, $616.2 million, and $603.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 310.56 Bn | 310.56 Bn | 890.00 Mn | -140.00 Mn |
| 2 | Dominion Energy | 57.37 Bn | 56.59 Bn | 3.50 Bn | 4.15 Bn |
| 3 | Xcel Energy | 47.65 Bn | 45.64 Bn | 3.12 Bn | 2.41 Bn |
| 4 | Wec Energy | 34.59 Bn | 34.54 Bn | 1.45 Bn | 1.63 Bn |
| 5 | Ameren | 29.37 Bn | 29.36 Bn | - | 1.63 Bn |
| 6 | Firstenergy | 26.72 Bn | 26.53 Bn | 2.51 Bn | 3.00 Bn |
| 7 | Hydro One | 22.94 Bn | 22.55 Bn | - | - |
| 8 | Edison International | 22.20 Bn | 21.96 Bn | 3.29 Bn | 3.27 Bn |
| 9 | Cms Energy | 21.18 Bn | 20.93 Bn | 3.65 Bn | 3.81 Bn |
| 10 | Fortis | 7.98 Bn | 9.27 Bn | 1.60 Bn | 626.05 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 626.05 Mn |
| Mar 31, 2026 | 616.18 Mn |
| Dec 31, 2025 | 603.07 Mn |
| Sep 30, 2025 | 574.04 Mn |
| Jun 30, 2025 | 569.43 Mn |
| Mar 31, 2025 | 578.44 Mn |
| Dec 31, 2024 | 569.10 Mn |
| Sep 30, 2024 | 542.46 Mn |
| Jun 30, 2024 | 540.31 Mn |
| Mar 31, 2024 | 568.46 Mn |
| Dec 31, 2023 | 553.11 Mn |
| Sep 30, 2023 | 508.72 Mn |
| Jun 30, 2023 | 530.79 Mn |
| Mar 31, 2023 | 548.12 Mn |
| Dec 31, 2022 | 534.11 Mn |
| Sep 30, 2022 | 483.05 Mn |
| Jun 30, 2022 | 516.88 Mn |
| Mar 31, 2022 | 528.16 Mn |
| Dec 31, 2021 | 529.95 Mn |
| Sep 30, 2021 | 471.88 Mn |