Franco-Nevada Corporation (FNV) income statement
NYSE · Basic Materials · Gold · 42 employees · CEO Paul J. Brink
- Price
- $224.95 -2.87%
- Market cap
- $43.4B
- Enterprise value
- $42.4B
- Last report
- Q2 '26 filed 2026-08-12
- Next report
- 2026-11-11 EPS est. $1.77
Franco-Nevada Corporation (FNV) reported revenue of $581M for Q2 '26 (+57.3% year on year), operating income of $446M (76.7% of revenue) and net income of $354M. Over the last four quarters revenue was $2.32B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $310M | $303M | $257M | $260M | $276M | $321M | $368M | $369M | $488M | $597M | $651M | $581M | |
| Cost of revenue | $117M | $114M | $91.8M | $82M | $86.1M | $94.4M | $107M | $97.5M | $134M | $137M | $124M | $130M | |
| Gross profit | $193M | $189M | $165M | $178M | $190M | $227M | $262M | $272M | $354M | $460M | $526M | $451M | |
| General & administrative | $5.7M | $5.2M | $7M | $9.4M | $10.2M | $5.7M | $15.1M | $8.5M | $16.3M | $2.6M | $15.4M | $7.8M | |
| Other operating expenses | -$200K | $1.17B | -$200K | -$300K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$2.5M | |
| Operating expenses | $5.5M | $1.18B | $6.8M | $9.1M | $10.2M | $5.7M | $15.1M | $8.5M | $16.3M | $2.6M | $15.4M | $5.3M | |
| Operating income | $187M | -$988M | $158M | $169M | $179M | $221M | $246M | $263M | $337M | $458M | $511M | $446M | |
| Interest income | $15.3M | $16.8M | $15.9M | $16.2M | $15M | $13.1M | $11.1M | $6.71M | $8M | $2.54M | $5.42M | $6.63M | |
| Interest expense | $691K | $822K | $597K | $600K | $706K | $680K | $698K | $813K | $800K | $812K | $789K | $682K | |
| Other non-operating income (gains on investments, FX ...) | -$13.7M | -$25.8M | -$14.4M | -$6.4M | -$16.2M | $500K | -$23.9M | -$53.1M | -$26M | -$8.5M | -$84.8M | -$13.9M | |
| Total non-operating income | $13M | $27.8M | $13.8M | $5.8M | $15.5M | $1.3M | $23.2M | $52.3M | $25.2M | $10.5M | $84M | $13.2M | |
| Income before tax | $200M | -$960M | $172M | $175M | $195M | $222M | $270M | $316M | $362M | $468M | $595M | $459M | |
| Income tax | $24.9M | $22.7M | $27.5M | $95.3M | $42.2M | $46.8M | $59.8M | $68.6M | $74.9M | $101M | $126M | $105M | |
| Net income | $175M | -$983M | $145M | $79.5M | $153M | $175M | $210M | $247M | $288M | $368M | $469M | $354M | |
| EPS (basic) | $0.90 | -$5.25 | $0.75 | $0.41 | $0.79 | $0.91 | $1.09 | $1.28 | $1.49 | $1.94 | $2.40 | $1.83 | |
| EPS (diluted) | $0.90 | -$5.25 | $0.75 | $0.41 | $0.79 | $0.91 | $1.09 | $1.28 | $1.49 | $1.94 | $2.39 | $1.83 | |
| Shares (basic, weighted) | 192M | 192M | 192M | 192M | 192M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | |
| Shares (diluted, weighted) | 192M | 192M | 192M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | 193M | |
| Depreciation & amortization | $68.1M | $68.9M | $58.2M | $52.9M | $54.2M | $60M | $68.4M | $64M | $87M | $87.3M | $77.9M | $84M | |
| EBITDA | $269M | -$893M | $231M | $228M | $250M | $280M | $339M | $381M | $450M | $554M | $674M | $544M |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $610M | $675M | $653M | $844M | $1.02B | $1.3B | $1.32B | $1.22B | $1.11B | $1.82B | |
| Cost of revenue | $380M | $415M | $366M | $408M | $400M | $478M | $463M | $452M | $354M | $476M | |
| Gross profit | $231M | $260M | $287M | $436M | $620M | $822M | $853M | $767M | $759M | $1.35B | |
| Research & development | $3.4M | $3.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| General & administrative | $20.7M | $24.9M | $22.6M | $28.8M | $28.8M | $30.8M | $32.6M | $27.9M | $34.6M | $46.4M | |
| Other operating expenses | $51.1M | -$3.9M | $75.9M | -$2.9M | $255M | $0 | $0 | $0 | $0 | $0 | |
| Operating expenses | $75.2M | $24.6M | $98.5M | $25.9M | $284M | $30.8M | $32.6M | $27.9M | $34.6M | $46.4M | |
| Operating income | $155M | $235M | $189M | $410M | $337M | $791M | $820M | $739M | $725M | $1.3B | |
| Interest income | $3.46M | $5.59M | $2.94M | $3.58M | $3.9M | $3.67M | $12.1M | $53.3M | $57.7M | $28.7M | |
| Interest expense | $3.56M | $3.52M | $4.37M | $10.8M | $3.68M | $3.57M | $3.07M | $2.95M | $2.48M | $3.15M | |
| Other non-operating income (gains on investments, FX ...) | -$16.1M | -$4M | -$1.8M | -$3.3M | -$3.4M | -$66.8M | -$13.8M | $1.1B | -$39.3M | -$115M | |
| Total non-operating income | $12.5M | $600K | $300K | -$4.3M | $3M | $66.5M | $13.7M | -$1.1B | $39.2M | $115M | |
| Income before tax | $168M | $236M | $189M | $406M | $340M | $858M | $834M | -$364M | $764M | $1.42B | |
| Income tax | $45.7M | $41.3M | $50.1M | $61.8M | $13.3M | $124M | $133M | $102M | $212M | $304M | |
| Net income | $122M | $195M | $139M | $344M | $326M | $734M | $701M | -$466M | $552M | $1.11B | |
| EPS (basic) | $0.70 | $1.07 | $0.75 | $1.88 | $1.80 | $3.86 | $3.51 | -$2.43 | $2.87 | $5.87 | |
| EPS (diluted) | $0.69 | $1.07 | $0.75 | $1.87 | $1.80 | $3.80 | $3.51 | -$2.43 | $2.87 | $5.86 | |
| Shares (basic, weighted) | 174M | 182M | 185M | 188M | 190M | 191M | 192M | 192M | 192M | 193M | |
| Shares (diluted, weighted) | 176M | 182M | 185M | 188M | 191M | 192M | 192M | 192M | 193M | 193M | |
| Depreciation & amortization | $274M | $273M | $248M | $263M | $241M | $300M | $286M | $273M | $225M | $307M | |
| EBITDA | $445M | $512M | $438M | $677M | $581M | $1.16B | $1.12B | -$91M | $989M | $1.72B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-02