Growth Metrics

Fortis (FORFF) Operating Expenses (2015 - 2026)

Fortis posted quarterly Operating Expenses of $616.2 million for Q1 2026, up 6.52% year-on-year from $578.4 million in Q1 2025, and up 2.17% on a QoQ basis from $603.1 million in Q4 2025.

Fortis (FORFF) has 12 years of Operating Expenses data on file, last reported at $616.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 6.52% year-over-year to $616.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.4 billion (down 60.19% YoY), and the FY2025 full-year result was $2.3 billion, down 60.37% from the prior year.
  • Operating Expenses for Q1 2026 stood at $616.2 million, up from $603.1 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.3 billion in Q4 2024 and bottomed at $483.1 million in Q3 2022.
  • The 5-year median for Operating Expenses is $548.1 million (2023), against an average of $768.8 million.
  • The widest annual swing landed in 2024, when Operating Expenses soared 672.79%; it then plunged 85.89% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $534.1 million in 2022, then advanced by 3.56% to $553.1 million in 2023, then jumped by 672.79% to $4.3 billion in 2024, then slumped by 85.89% to $603.1 million in 2025, then gained by 2.17% to $616.2 million in 2026.
  • The last three Operating Expenses figures came in at $616.2 million (Q1 2026), $603.1 million (Q4 2025), and $574.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fortis 655.52 Bn 655.26 Bn 1.70 Bn 616.18 Mn
2 Enel Chile 264.22 Bn 263.80 Bn 1.12 Bn -
3 Dominion Energy 58.83 Bn 63.03 Bn 4.03 Bn 3.63 Bn
4 Xcel Energy 49.61 Bn 47.71 Bn 3.35 Bn 3.27 Bn
5 Wec Energy 36.16 Bn 36.52 Bn 2.83 Bn 2.45 Bn
6 Ameren 29.85 Bn 29.97 Bn 1.69 Bn 1.64 Bn
7 Korea Electric Power 29.21 Bn 14.45 Bn - -
8 Energy Co Of Parana 27.11 Bn 26.46 Bn - -
9 Edison International 26.93 Bn 26.77 Bn 3.85 Bn 2.46 Bn
10 Fortis - - 1.70 Bn 616.18 Mn

Historic Data

Download Data 🔒
DateValue
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 4.27 Bn
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
Jun 30, 2021 497.07 Mn
Mar 31, 2021 513.56 Mn
Dec 31, 2020 477.88 Mn
Sep 30, 2020 442.00 Mn
Jun 30, 2020 432.00 Mn
Mar 31, 2020 466.93 Mn
Dec 31, 2019 2.01 Bn
Sep 30, 2019 1.38 Bn
Jun 30, 2019 911.08 Mn
Mar 31, 2019 463.19 Mn
Dec 31, 2018 -784.14 Mn
Sep 30, 2018 1.27 Bn
Jun 30, 2018 857.33 Mn
Mar 31, 2018 437.54 Mn
Dec 31, 2017 -428.99 Mn
Sep 30, 2017 1.66 Bn
Jun 30, 2017 421.69 Mn
Mar 31, 2017 579.00 Mn
Mar 31, 2016 474.00 Mn
Jun 30, 2015 931.00 Mn