Fortis (FTRSF) 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 (FTRSF) 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| Date | Value |
|---|---|
| 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 |