Hydro One (HRNNF) Operating Expenses (2017 - 2026)

Hydro One's (HRNNF) quarterly Operating Expenses came in at $128.3 million in Q1 2026, up 12.98% year-on-year from $113.6 million in Q1 2025, and up 2.27% on a QoQ basis from $125.5 million in Q4 2025.

Hydro One (HRNNF) Operating Expenses (2017 - 2026) Analysis & Trends

Hydro One (HRNNF) has 10 years of Operating Expenses data on file, last reported at $128.3 million in Q1 2026.

  • On a quarterly basis, Operating Expenses rose 12.98% year-over-year to $128.3 million in Q1 2026; TTM through Mar 2026 was $500.8 million, a 9.51% increase from a year earlier, with the FY2025 full-year figure at $4.9 billion, up 2.29% from the prior year.
  • Operating Expenses for Q1 2026 stood at $128.3 million, up from $125.5 million in the prior quarter.
  • Over the last five years, Operating Expenses for HRNNF reached as high as $128.3 million in Q1 2026 and fell as low as $92.4 million in Q1 2022.
  • Historically, Operating Expenses has averaged $109.6 million across 5 years, with a median of $109.8 million in 2024.
  • Across the five-year window, Operating Expenses dropped 3.36% in 2022 and rose 14.85% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $94.3 million in 2022, then climbed by 14.51% to $108.0 million in 2023, then increased by 4.75% to $113.1 million in 2024, then grew by 10.95% to $125.5 million in 2025, then advanced by 2.27% to $128.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $128.3 million in Q1 2026, $125.5 million in Q4 2025, and $125.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Fortis 462,782.01 Bn 462,783.29 Bn 1.70 Bn 616.18 Mn
2 Dominion Energy 62.80 Bn 67.01 Bn - 3.63 Bn
3 Xcel Energy 50.41 Bn 48.65 Bn 4.02 Bn 3.27 Bn
4 Wec Energy 37.36 Bn 37.32 Bn 2.04 Bn 2.45 Bn
5 Energy Co Of Parana 34.84 Bn 34.18 Bn - -
6 Ameren 31.32 Bn 31.43 Bn - 1.64 Bn
7 Edison International 30.65 Bn 30.49 Bn - 2.46 Bn
8 Firstenergy 28.61 Bn 29.98 Bn 2.74 Bn 3.37 Bn
9 Hydro One 25.14 Bn 25.13 Bn - 128.34 Mn
10 Cms Energy 22.72 Bn 23.22 Bn 2.28 Bn 2.24 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 128.34 Mn
Dec 31, 2025 125.49 Mn
Sep 30, 2025 124.98 Mn
Jun 30, 2025 121.97 Mn
Mar 31, 2025 113.60 Mn
Dec 31, 2024 113.10 Mn
Sep 30, 2024 115.82 Mn
Jun 30, 2024 114.79 Mn
Mar 31, 2024 109.83 Mn
Dec 31, 2023 107.98 Mn
Sep 30, 2023 106.67 Mn
Jun 30, 2023 107.20 Mn
Mar 31, 2023 100.60 Mn
Dec 31, 2022 94.30 Mn
Sep 30, 2022 93.54 Mn
Jun 30, 2022 93.34 Mn
Mar 31, 2022 92.37 Mn
Dec 31, 2021 97.58 Mn
Sep 30, 2021 93.74 Mn
Jun 30, 2021 84.61 Mn