Fortis FORFF
NYSE FORFF
$15.73 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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