Filing Flows › Franco Nevada (FNV) › Operating margin
Franco Nevada (FNV) operating margin by quarter
Franco Nevada's operating margin was 76.7% in Q2 2026 (second quarter 2026), -12.1 pts from Q1 2026. Over the last 6 quarters it ranged from 68.8% (Q1 2025) to 88.8% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 2026 | 76.7% | -12.1 pts | -6.1 pts |
| Q1 2026 | 88.8% | +12.8 pts | +20.0 pts |
| Q4 2025 | 76.0% | +6.1 pts | — |
| Q3 2025 | 69.9% | -12.9 pts | — |
| Q2 2025 | 82.8% | +14.0 pts | — |
| Q1 2025 | 68.8% | — | — |
Q2 2026 at a glance
Franco Nevada, Q2 2026: revenue $581M (+57% year over year), operating margin 76.7%, net earnings $354M, operating cash flow $482M. The chart follows the revenue to costs, profit and cash.
Questions
What is Franco Nevada's operating margin?
Franco Nevada's operating margin was 76.7% in Q2 2026 (second quarter 2026), -12.1 pts from Q1 2026.
How has Franco Nevada's operating margin changed?
Over the last 6 quarters it ranged from 68.8% (Q1 2025) to 88.8% (Q1 2026).