Fortis (FTS) Operating Expenses (2015 - 2026)

Fortis' Operating Expenses history runs 12 years deep, the most recent figure standing at $616.2 million for Q1 2026.

• Quarterly Operating Expenses rose 6.52% year-over-year to $616.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 5.94% YoY) and the FY2025 annual result came in at $2.3 billion, up 7.09% from the prior year.
• Operating Expenses was $616.2 million for Q1 2026 at Fortis, up from $603.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at $4.7 billion in Q4 2022 and bottomed at $483.1 million in Q3 2022.
• A 5-year average of $1.0 billion and a median of $568.5 million in 2024 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2022 — Operating Expenses gained 14.99% — and 2024, when it tumbled 87.7%.
• Fortis' Operating Expenses stood at $4.7 billion in 2022, then decreased by 1.05% to $4.6 billion in 2023, then tumbled by 87.7% to $569.1 million in 2024, then increased by 5.97% to $603.1 million in 2025, then advanced by 2.17% to $616.2 million in 2026.
• Business Quant data shows FTS's Operating Expenses at $616.2 million in Q1 2026, $603.1 million in Q4 2025, and $574.0 million in Q3 2025.