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| Date | Value |
|---|---|
| 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 |