Franco Nevada Operating Expenses Growth & History (FNV)
Franco Nevada's operating expenses was $46.4M for fiscal 2025.
View full Franco Nevada company overviewFranco Nevada annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $46.4M | $13.7M | +41.90% |
| 2024 | 2024-12-31 | $32.7M | −$1.16B | −97.26% |
| 2023 | 2023-12-31 | $1.19B | $1.16B | +3644.83% |
| 2022 | 2022-12-31 | $31.9M | — | — |
| 2020 | 2020-12-31 | $283.9M | $258.0M | +996.14% |
| 2019 | 2019-12-31 | $25.9M | −$72.6M | −73.71% |
| 2018 | 2018-12-31 | $98.5M | $73.9M | +300.41% |
| 2017 | 2017-12-31 | $24.6M | −$50.6M | −67.29% |
| 2016 | 2016-12-31 | $75.2M | — | — |
Franco Nevada quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $4.3M | −$8.1M | −65.32% |
| Q1 2026 | 2026-03-31 | $15.4M | $300,000 | +1.99% |
| Q4 2025 | 2025-12-31 | $2.6M | — | — |
| Q3 2025 | 2025-09-30 | $16.3M | — | — |
| Q2 2025 | 2025-06-30 | $12.4M | $3.3M | +36.26% |
| Q1 2025 | 2025-03-31 | $15.1M | — | — |
| Q2 2024 | 2024-06-30 | $9.1M | $1.9M | +26.39% |
| Q2 2023 | 2023-06-30 | $7.2M | $1.6M | +28.57% |
| Q2 2022 | 2022-06-30 | $5.6M | −$11.7M | −67.63% |
| Q2 2021 | 2021-06-30 | $17.3M | $8.0M | +86.02% |
| Q2 2020 | 2020-06-30 | $9.3M | $4.1M | +78.85% |
| Q2 2019 | 2019-06-30 | $5.2M | −$1.8M | −25.71% |
| Q4 2018 | 2018-12-31 | $81.2M | $74.2M | +1060.00% |
| Q3 2018 | 2018-09-30 | $5.4M | $400,000 | +8.00% |
| Q2 2018 | 2018-06-30 | $7.0M | $500,000 | +7.69% |
| Q1 2018 | 2018-03-31 | $4.9M | −$1.2M | −19.67% |
| Q4 2017 | 2017-12-31 | $7.0M | — | — |
| Q3 2017 | 2017-09-30 | $5.0M | — | — |
| Q2 2017 | 2017-06-30 | $6.5M | — | — |
| Q1 2017 | 2017-03-31 | $6.1M | — | — |
Franco Nevada operating expenses trends
Over the last five fiscal years, Franco Nevada's operating expenses decreased from $283.9M to $46.4M, a change of −$237.5M. The latest reported quarter, Q2 2026, shows $4.3M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Franco Nevada source filings ↗