Enbridge (ENBMF) Cost of Revenue (2017 - 2026)
Enbridge (ENBMF) reported Cost of Revenue of $9.6 billion for Q1 2026, up 752.28% year-over-year from $1.1 billion in Q1 2025, and up 51.97% quarter-over-quarter from $6.3 billion in Q4 2025.
Enbridge (ENBMF) Cost of Revenue (2017 - 2026) Analysis & Trends
Enbridge (ENBMF) has 10 years of Cost of Revenue data on file, last reported at $9.6 billion in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $9.6 billion, up 752.28% year-over-year; the trailing twelve-month figure through Mar 2026 was $27.7 billion (up 941.24% YoY), and the FY2025 annual result was $24.6 billion, up 129.59% from the prior year.
- Cost of Revenue grew to $9.6 billion in Q1 2026 per ENBMF's latest filing, from $6.3 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $9.6 billion in Q1 2026 and troughed at -$8.1 billion in Q4 2023.
- A 5-year average of $2.7 billion and a median of $3.5 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2023 and 2025: Cost of Revenue tumbled 277.64% in 2023, then surged 3947.33% in 2025.
- A 5-year view of Cost of Revenue shows it stood at $4.5 billion in 2022, then plunged by 277.64% to -$8.1 billion in 2023, then soared by 70.28% to -$2.4 billion in 2024, then surged by 363.22% to $6.3 billion in 2025, then jumped by 51.97% to $9.6 billion in 2026.
- Business Quant data shows ENBMF's Cost of Revenue at $9.6 billion in Q1 2026, $6.3 billion in Q4 2025, and $6.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 89.89 Bn | 90.59 Bn | 6.70 Bn | 9.60 Bn |
| 2 | Enterprise Products Partners | 82.10 Bn | 80.95 Bn | - | - |
| 3 | Kinder Morgan | 70.96 Bn | 72.04 Bn | 3.08 Bn | 1.75 Bn |
| 4 | Energy Transfer | 65.68 Bn | 64.96 Bn | 6.62 Bn | 21.15 Bn |
| 5 | Scorpio Tankers | 59.56 Bn | 58.58 Bn | - | 68.80 Mn |
| 6 | Targa Resources | 58.53 Bn | 58.56 Bn | 1.70 Bn | 2.39 Bn |
| 7 | Oneok | 57.23 Bn | 57.10 Bn | 2.57 Bn | 7.05 Bn |
| 8 | Mplx | 57.20 Bn | 55.69 Bn | 2.54 Bn | 498.00 Mn |
| 9 | Tc Energy | 51.34 Bn | 52.53 Bn | 2.95 Bn | 39.44 Mn |
| 10 | Enbridge | - | - | 6.70 Bn | 9.60 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 1.13 Bn |
| Mar 31, 2025 | 1.13 Bn |
| Dec 31, 2024 | -2.40 Bn |
| Dec 31, 2024 | -2.40 Bn |
| Sep 30, 2024 | 147.34 Mn |
| Sep 30, 2024 | 147.34 Mn |
| Jun 30, 2024 | 3.78 Bn |
| Jun 30, 2024 | 3.78 Bn |
| Mar 31, 2024 | 2.97 Bn |
| Mar 31, 2024 | 2.97 Bn |
| Dec 31, 2023 | -8.07 Bn |
| Dec 31, 2023 | -8.07 Bn |