Enbridge (ENB) Cost of Revenue (2012 - 2026)
Enbridge (ENB) posted quarterly Cost of Revenue of $16.0 billion for Q2 2026, up 176.19% year-over-year from $5.8 billion in Q2 2025, and up 66.3% on a QoQ basis from $9.6 billion in Q1 2026.
Enbridge (ENB) Cost of Revenue (2012 - 2026) Analysis & Trends
Enbridge has reported Cost of Revenue for 15 years, with the latest figure at $16.0 billion in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $16.0 billion, up 176.19% year-over-year; the trailing twelve-month figure through Jun 2026 was $37.8 billion (up 52.11% YoY), and the FY2025 annual result was $24.6 billion, up 26.78% from the prior year.
- Cost of Revenue improved to $16.0 billion in Q2 2026, from $9.6 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $16.0 billion in Q2 2026 and troughed at $3.0 billion in Q1 2024.
- A 5-year average of $5.9 billion and a median of $5.9 billion in 2025 frame the typical range for Cost of Revenue.
- The widest annual swing landed in 2023, when Cost of Revenue slumped 47.61%; it then soared 176.19% in 2026.
- A 5-year view of Cost of Revenue shows it stood at $4.5 billion in 2022, then fell by 24.16% to $3.4 billion in 2023, then jumped by 76.76% to $6.1 billion in 2024, then increased by 3.66% to $6.3 billion in 2025, then jumped by 152.72% to $16.0 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $16.0 billion in Q2 2026, $9.6 billion in Q1 2026, and $6.3 billion in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 110.78 Bn | 109.29 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 83.22 Bn | 82.32 Bn | - | - |
| 4 | Energy Transfer | 72.29 Bn | 71.26 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.94 Bn | 58.38 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Mplx | 60.24 Bn | 59.20 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 59.73 Bn | 59.57 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Targa Resources | 58.90 Bn | 58.77 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 55.79 Bn | 54.54 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Venture Global | 34.05 Bn | 30.83 Bn | 2.92 Bn | 1.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.96 Bn |
| Jun 30, 2026 | 15.96 Bn |
| Mar 31, 2026 | 9.60 Bn |
| Mar 31, 2026 | 9.60 Bn |
| Dec 31, 2025 | 6.32 Bn |
| Dec 31, 2025 | 6.32 Bn |
| Sep 30, 2025 | 5.96 Bn |
| Sep 30, 2025 | 5.96 Bn |
| Jun 30, 2025 | 5.78 Bn |
| Jun 30, 2025 | 5.78 Bn |
| Mar 31, 2025 | 6.51 Bn |
| Mar 31, 2025 | 6.51 Bn |
| Dec 31, 2024 | 6.09 Bn |
| Dec 31, 2024 | 6.09 Bn |
| Sep 30, 2024 | 6.50 Bn |
| Sep 30, 2024 | 6.50 Bn |
| Jun 30, 2024 | 3.78 Bn |
| Jun 30, 2024 | 3.78 Bn |
| Mar 31, 2024 | 2.97 Bn |
| Mar 31, 2024 | 2.97 Bn |