Fortis (FTS) Operating Expenses (2017 - 2026)
Fortis filings provide 12 years of Operating Expenses readings, the most recent being $616.2 million for Q1 2026.
- On a quarterly basis, Operating Expenses rose 6.52% to $616.2 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.4 billion, a 60.19% decrease, with the full-year FY2025 number at $2.3 billion, down 60.37% from a year prior.
- Operating Expenses hit $616.2 million in Q1 2026 for Fortis, up from $603.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.3 billion in Q4 2024 to a low of $483.1 million in Q3 2022.
- Median Operating Expenses over the past 5 years was $548.1 million (2023), compared with a mean of $768.8 million.
- Biggest five-year swings in Operating Expenses: surged 672.79% in 2024 and later crashed 85.89% in 2025.
- Fortis' Operating Expenses stood at $534.1 million in 2022, then rose by 3.56% to $553.1 million in 2023, then surged by 672.79% to $4.3 billion in 2024, then crashed by 85.89% to $603.1 million in 2025, then increased by 2.17% to $616.2 million in 2026.
- The last three reported values for Operating Expenses were $616.2 million (Q1 2026), $603.1 million (Q4 2025), and $574.0 million (Q3 2025) per Business Quant data.