Filing Flows › Franco Nevada (FNV) › Q1 2026
Franco Nevada (FNV) Q1 2026 earnings results (first quarter 2026)
6-K filed May 12, 2026
Franco Nevada (FNV) reported revenue of $651M for the first quarter 2026 (Q1 2026). Operating margin was 88.8%, net earnings $469M (72.0% of revenue).
Franco Nevada, Q1 2026: revenue $651M, operating margin 88.8%, net earnings $469M, operating cash flow $520M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $651M | — | — |
| Gross profit | $526M | — | — |
| Operating profit | $578M | — | — |
| Net earnings | $469M | — | — |
| Operating cash flow | $520M | — | — |
| Free cash flow | $520M | — | — |
What changed
Revenue was $650.7M in Q1 2026.
Gross margin was 80.9%. Operating profit was $577.8M, a 88.8% margin. Net earnings were $468.6M. The effective tax rate was 21.2%.
Operating cash flow was $520.4M, 111% of net earnings. Working capital and other items added $51.8M. Capital expenditures of $200K left free cash flow of $520.2M.
Questions
What was Franco Nevada's revenue in the first quarter 2026?
Franco Nevada (FNV) reported revenue of $651M for the first quarter 2026 (Q1 2026).
Was Franco Nevada profitable in the first quarter 2026?
Operating profit was $578M (88.8% of revenue) and net earnings $469M.
Source: Franco Nevada 6-K on SEC EDGAR.