Enbridge (EBBGF) Operating Expenses (2012 - 2026)
Enbridge's (EBBGF) quarterly Operating Expenses came in at $19.1 billion in Q2 2026, up 110.16% year-over-year from $9.1 billion in Q2 2025, and up 36.84% quarter-over-quarter from $14.0 billion in Q1 2026.
Analysis
Enbridge (EBBGF) Operating Expenses (2012 - 2026) Analysis & Trends
Enbridge (EBBGF) has reported Operating Expenses for 15 consecutive years, with $19.1 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 110.16% year-over-year to $19.1 billion in Q2 2026; TTM through Jun 2026 was $52.4 billion, a 35.87% increase from a year earlier, with the FY2025 full-year figure at $38.8 billion, up 21.27% from the prior year.
- Operating Expenses was $19.1 billion for Q2 2026 at Enbridge, up from $14.0 billion in the prior quarter.
- Over five years, Operating Expenses peaked at $19.1 billion in Q2 2026 and troughed at $6.0 billion in Q3 2023.
- A 5-year average of $9.3 billion and a median of $9.1 billion in 2022 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses sank 34.41% in 2023 and soared 110.16% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at $10.3 billion in 2022, then plunged by 32.5% to $6.9 billion in 2023, then soared by 41.96% to $9.9 billion in 2024, then increased by 5.13% to $10.4 billion in 2025, then surged by 84.23% to $19.1 billion in 2026.
- The last three Operating Expenses figures came in at $19.1 billion (Q2 2026), $14.0 billion (Q1 2026), and $10.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.43 Bn | 112.31 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enterprise Products Partners | 84.99 Bn | 84.09 Bn | - | 16.13 Bn |
| 3 | Energy Transfer | 74.47 Bn | 73.44 Bn | 7.40 Bn | 30.76 Bn |
| 4 | Targa Resources | 62.88 Bn | 62.75 Bn | 2.14 Bn | 354.10 Mn |
| 5 | Mplx | 60.97 Bn | 59.94 Bn | 2.73 Bn | 1.93 Bn |
| 6 | Oneok | 60.65 Bn | 60.49 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Enbridge | 55.26 Bn | 55.75 Bn | 5.23 Bn | 19.09 Bn |
| 8 | Gas Transporter Of The South | 22.53 Bn | -3,018.52 Bn | - | - |
| 9 | Plains All American Pipeline | 18.39 Bn | 17.33 Bn | 1.14 Bn | 17.30 Bn |
| 10 | Tc Energy | 16.13 Bn | 15.60 Bn | 1.80 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.09 Bn |
| Mar 31, 2026 | 13.95 Bn |
| Dec 31, 2025 | 10.36 Bn |
| Sep 30, 2025 | 8.99 Bn |
| Jun 30, 2025 | 9.08 Bn |
| Mar 31, 2025 | 10.34 Bn |
| Dec 31, 2024 | 9.86 Bn |
| Sep 30, 2024 | 9.28 Bn |
| Jun 30, 2024 | 6.63 Bn |
| Mar 31, 2024 | 6.18 Bn |
| Dec 31, 2023 | 6.94 Bn |
| Sep 30, 2023 | 6.00 Bn |
| Jun 30, 2023 | 6.02 Bn |
| Mar 31, 2023 | 6.96 Bn |
| Dec 31, 2022 | 10.29 Bn |
| Sep 30, 2022 | 7.51 Bn |
| Jun 30, 2022 | 9.17 Bn |
| Mar 31, 2022 | 10.01 Bn |
| Dec 31, 2021 | 8.26 Bn |
| Sep 30, 2021 | 8.01 Bn |