Franco-Nevada Corporation (FNV) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.3B	1.8B	1.1B	1.2B	1.3B
Cost of Revenue	525.4M	475.5M	354.3M	452.4M	463.1M
Gross Profit	1.8B	1.3B	759.3M	766.6M	852.6M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	42.1M	46.4M	34.6M	27.9M	32.6M
General & Admin Expense	42.1M	46.4M	34.6M	27.9M	32.6M
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	(2.5M)	—	—	—	—
Total Operating Expenses	39.6M	46.4M	34.6M	27.9M	32.6M
Cost and Expenses	565.0M	521.9M	388.9M	480.3M	495.7M
Operating Income (EBIT)	1.8B	1.3B	724.7M	738.7M	820.0M
Non-Operating
Interest Income	22.6M	28.7M	57.7M	53.3M	12.1M
Interest Expense	3.1M	3.2M	2.5M	3.0M	3.1M
Net Interest Income	19.5M	25.5M	55.2M	50.3M	9.0M
Other Non-Op Income/Expense	132.9M	115.1M	39.2M	(1.1B)	13.7M
Non-Operating Income (excl Interest)	(133.2M)	(115.4M)	(39.3M)	1.1B	(13.8M)
EBT (Pre-Tax Income)	1.9B	1.4B	763.9M	(364.2M)	833.7M
Income Tax Expense	406.7M	303.9M	211.8M	102.2M	133.1M
Bottom Line
Net Income	1.5B	1.1B	552.1M	(466.4M)	700.6M
Earnings from Cont. Ops	1.5B	1.1B	552.1M	(466.4M)	700.6M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.5B	1.1B	552.1M	(466.4M)	700.6M
Per Share
Basic EPS	$7.66	$5.87	$2.87	($2.43)	$3.51
Diluted EPS	$7.65	$5.86	$2.87	($2.43)	$3.51
Revenue Per Share	$11.98	$9.46	$5.79	$6.35	$6.87
Shares
Basic Shares Outstanding	193.3M	192.7M	192.4M	192.0M	191.5M
Diluted Shares Outstanding	193.3M	193.0M	192.6M	192.0M	191.9M
Profitability Metrics
EBITDA	2.2B	1.7B	989.3M	(91.0M)	1.1B
D&A	336.2M	306.7M	225.3M	273.1M	286.2M
EBIT	1.9B	1.4B	764.0M	(364.1M)	833.8M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026