Franco-Nevada Posts 64% Revenue Surge to $1.82B and 16% Dividend Hike
Franco-Nevada delivered record 2025 results with $1.82 billion in revenue, a 64% year-over-year increase, $1.49 billion in operating cash flow and $1.11 billion in net income. The company raised its dividend by 16%, remains debt-free with $3.1 billion in available capital and forecast 2026 gold production of 510,000-570,000 ounces.
1. Record 2025 Financial Performance
Franco-Nevada reported $1.82 billion in revenue for 2025, a 64% increase year-over-year, and generated record operating cash flow of $1.49 billion alongside $1.11 billion in net income.
2. Dividend Increase and Capital Strength
The company boosted its dividend by 16% in January, maintains a debt-free balance sheet and holds $3.1 billion in available capital to fund future growth and strategic investments.
3. 2026 Production Guidance and Portfolio Expansion
Franco-Nevada projects 2026 gold equivalent production between 510,000 and 570,000 ounces, driven by contributions from Côté Gold, Porcupine and Valentine projects plus recent streaming acquisitions like Casa Berardi.