Enbridge (ENB) Operating Expenses (2012 - 2026)

Enbridge (ENB) has reported Operating Expenses for 15 consecutive years, with $14.0 billion the latest figure, recorded in Q1 2026.

• Quarterly Operating Expenses rose 34.99% year-over-year to $14.0 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $42.4 billion (up 17.4% YoY) and the FY2025 annual result came in at $38.8 billion, up 21.27% from the prior year.
• Operating Expenses grew to $14.0 billion in Q1 2026 per ENB's latest filing, from $10.4 billion in the prior quarter.
• Over the last five years, Operating Expenses for ENB reached as high as $14.0 billion in Q1 2026 and fell as low as $6.0 billion in Q3 2023.
• A 5-year average of $8.7 billion and a median of $9.1 billion in 2025 frame the typical range for Operating Expenses.
• Annual changes were most pronounced in 2023 — Operating Expenses plunged 34.41% — and 2025, when it jumped 67.25%.
• Year by year, Operating Expenses stood at $10.3 billion in 2022, then sank by 32.5% to $6.9 billion in 2023, then surged by 41.96% to $9.9 billion in 2024, then grew by 5.13% to $10.4 billion in 2025, then soared by 34.63% to $14.0 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $14.0 billion, $10.4 billion, and $9.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.