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

Hydro One (HYNLY) reported Operating Expenses of $128.3 million for Q1 2026, up 12.98% year-over-year from $113.6 million in Q1 2025, and up 2.27% quarter-over-quarter from $125.5 million in Q4 2025.

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

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

  • Operating Expenses for Q1 2026 came in at $128.3 million, up 12.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $500.8 million (up 9.51% YoY), and the FY2025 annual result was $4.9 billion, up 4.57% from the prior year.
  • Operating Expenses improved to $128.3 million in Q1 2026 per HYNLY's latest filing, from $125.5 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $128.3 million in Q1 2026 and troughed at $92.4 million in Q1 2022.
  • A 5-year average of $109.6 million and a median of $109.8 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses declined 10.25% in 2022, then advanced 14.85% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $94.3 million in 2022, then rose by 14.51% to $108.0 million in 2023, then advanced by 4.75% to $113.1 million in 2024, then gained by 10.95% to $125.5 million in 2025, then increased by 2.27% to $128.3 million in 2026.
  • Business Quant data shows HYNLY's Operating Expenses at $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 664.76 Bn 664.50 Bn 1.70 Bn 616.18 Mn
2 Dominion Energy 60.27 Bn 64.46 Bn 4.03 Bn 3.63 Bn
3 Xcel Energy 48.32 Bn 46.42 Bn 3.35 Bn 3.27 Bn
4 Wec Energy 36.56 Bn 36.93 Bn 2.83 Bn 2.45 Bn
5 Ameren 30.01 Bn 30.12 Bn 1.69 Bn 1.64 Bn
6 Korea Electric Power 28.97 Bn 14.20 Bn 11.57 Bn -2.24 Bn
7 Edison International 27.64 Bn 27.48 Bn 3.85 Bn 2.46 Bn
8 Firstenergy 26.85 Bn 28.22 Bn 2.74 Bn 3.37 Bn
9 Cms Energy 22.51 Bn 22.92 Bn 2.28 Bn 2.24 Bn
10 Hydro One - - - 128.34 Mn

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 104.00 Mn