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| 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 | 104.00 Mn |