Enbridge (ENNPF) Operating Expenses (2017 - 2026)

Enbridge's Operating Expenses history runs 10 years deep, the most recent figure standing at $14.0 billion for Q1 2026.

• In Q1 2026, Operating Expenses rose 34.99% year-over-year to $14.0 billion; the TTM figure through Mar 2026 stood at $42.4 billion (up 17.4% YoY), while the FY2025 annual figure was $38.9 billion, up 21.5% from the prior year.
• Operating Expenses came in at $14.0 billion for Q1 2026 at Enbridge, up from $10.4 billion in the prior quarter.
• Over five years, Operating Expenses peaked at $14.0 billion in Q1 2026 and troughed at $6.0 billion in Q3 2023.
• The 5-year median for Operating Expenses is $9.1 billion (2025), against an average of $8.7 billion.
• The widest annual swing landed in 2023, when Operating Expenses sank 34.41%; it then soared 67.25% in 2025.
• A 5-year view of Operating Expenses shows it stood at $10.3 billion in 2022, then plunged by 32.5% to $6.9 billion in 2023, then surged by 41.96% to $9.9 billion in 2024, then gained by 5.13% to $10.4 billion in 2025, then soared by 34.63% to $14.0 billion in 2026.
• Per Business Quant data, the three most recent Operating Expenses figures were $14.0 billion in Q1 2026, $10.4 billion in Q4 2025, and $9.0 billion in Q3 2025.