Fortis (FORFF) Cost of Revenue (2015 - 2026)
Fortis posted quarterly Cost of Revenue of $781.0 million for Q1 2026, up 7.75% year-on-year from $724.8 million in Q1 2025, and up 26.93% on a QoQ basis from $615.3 million in Q4 2025.
Fortis (FORFF) has 12 years of Cost of Revenue data on file, last reported at $781.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 7.75% year-over-year to $781.0 million; the trailing twelve-month figure through Mar 2026 stood at $2.5 billion (up 4.73% YoY), and the FY2025 full-year result was $2.4 billion, up 3.93% from the prior year.
- Cost of Revenue for Q1 2026 stood at $781.0 million, up from $615.3 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $970.5 million in Q1 2023 and bottomed at $515.3 million in Q2 2025.
- The 5-year median for Cost of Revenue is $616.5 million (2022), against an average of $669.9 million.
- The widest annual swing landed in 2022, when Cost of Revenue soared 33.05%; it then retreated 29.31% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $934.1 million in 2022, then declined by 29.31% to $660.3 million in 2023, then retreated by 14.36% to $565.5 million in 2024, then climbed by 8.8% to $615.3 million in 2025, then advanced by 26.93% to $781.0 million in 2026.
- The last three Cost of Revenue figures came in at $781.0 million (Q1 2026), $615.3 million (Q4 2025), and $551.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 655.52 Bn | 655.26 Bn | 1.70 Bn | 780.98 Mn |
| 2 | Enel Chile | 264.22 Bn | 263.80 Bn | 1.12 Bn | 75.00 Mn |
| 3 | Dominion Energy | 58.83 Bn | 63.03 Bn | 4.03 Bn | 985.00 Mn |
| 4 | Xcel Energy | 49.61 Bn | 47.71 Bn | 3.35 Bn | 675.00 Mn |
| 5 | Wec Energy | 36.16 Bn | 36.52 Bn | 2.83 Bn | 608.70 Mn |
| 6 | Ameren | 29.85 Bn | 29.97 Bn | 1.69 Bn | 491.00 Mn |
| 7 | Korea Electric Power | 29.21 Bn | 14.45 Bn | - | - |
| 8 | Energy Co Of Parana | 27.11 Bn | 26.46 Bn | - | - |
| 9 | Edison International | 26.93 Bn | 26.77 Bn | 3.85 Bn | 1.36 Bn |
| 10 | Fortis | - | - | 1.70 Bn | 780.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 780.98 Mn |
| Mar 31, 2026 | 780.98 Mn |
| Dec 31, 2025 | 615.26 Mn |
| Dec 31, 2025 | 615.26 Mn |
| Sep 30, 2025 | 551.52 Mn |
| Sep 30, 2025 | 551.52 Mn |
| Jun 30, 2025 | 515.30 Mn |
| Jun 30, 2025 | 515.30 Mn |
| Mar 31, 2025 | 724.79 Mn |
| Mar 31, 2025 | 724.79 Mn |
| Dec 31, 2024 | 565.52 Mn |
| Dec 31, 2024 | 565.52 Mn |
| Sep 30, 2024 | 540.26 Mn |
| Sep 30, 2024 | 540.26 Mn |
| Jun 30, 2024 | 521.30 Mn |
| Jun 30, 2024 | 521.30 Mn |
| Mar 31, 2024 | 748.79 Mn |
| Mar 31, 2024 | 748.79 Mn |
| Dec 31, 2023 | 660.35 Mn |
| Dec 31, 2023 | 660.35 Mn |
| Sep 30, 2023 | 576.60 Mn |
| Sep 30, 2023 | 576.60 Mn |
| Jun 30, 2023 | 585.88 Mn |
| Jun 30, 2023 | 585.88 Mn |
| Mar 31, 2023 | 970.48 Mn |
| Mar 31, 2023 | 970.48 Mn |
| Dec 31, 2022 | 934.14 Mn |
| Dec 31, 2022 | 934.14 Mn |
| Sep 30, 2022 | 616.46 Mn |
| Sep 30, 2022 | 616.46 Mn |
| Jun 30, 2022 | 625.12 Mn |
| Jun 30, 2022 | 625.12 Mn |
| Mar 31, 2022 | 855.00 Mn |
| Mar 31, 2022 | 855.00 Mn |
| Dec 31, 2021 | 702.10 Mn |
| Dec 31, 2021 | 702.10 Mn |
| Sep 30, 2021 | 495.71 Mn |
| Sep 30, 2021 | 495.71 Mn |
| Jun 30, 2021 | 482.42 Mn |
| Jun 30, 2021 | 482.42 Mn |
| Mar 31, 2021 | 670.79 Mn |
| Mar 31, 2021 | 670.79 Mn |
| Dec 31, 2020 | 556.88 Mn |
| Dec 31, 2020 | 556.88 Mn |
| Sep 30, 2020 | 429.24 Mn |
| Sep 30, 2020 | 429.24 Mn |
| Jun 30, 2020 | 370.70 Mn |
| Jun 30, 2020 | 370.70 Mn |
| Mar 31, 2020 | 559.42 Mn |
| Mar 31, 2020 | 559.42 Mn |
| Dec 31, 2019 | -1.13 Bn |
| Dec 31, 2019 | -1.13 Bn |
| Sep 30, 2019 | 1.40 Bn |
| Sep 30, 2019 | 1.40 Bn |
| Jun 30, 2019 | 993.30 Mn |
| Jun 30, 2019 | 993.30 Mn |
| Mar 31, 2019 | 626.37 Mn |
| Mar 31, 2019 | 626.37 Mn |
| Dec 31, 2018 | -969.75 Mn |
| Dec 31, 2018 | -969.75 Mn |
| Sep 30, 2018 | 1.38 Bn |
| Sep 30, 2018 | 1.38 Bn |
| Jun 30, 2018 | 958.10 Mn |
| Jun 30, 2018 | 958.10 Mn |
| Mar 31, 2018 | 576.79 Mn |
| Mar 31, 2018 | 576.79 Mn |
| Dec 31, 2017 | -529.75 Mn |
| Dec 31, 2017 | -529.75 Mn |
| Sep 30, 2017 | 1.76 Bn |
| Sep 30, 2017 | 1.76 Bn |
| Jun 30, 2017 | 389.71 Mn |
| Jun 30, 2017 | 389.71 Mn |
| Mar 31, 2017 | 754.00 Mn |
| Mar 31, 2017 | 754.00 Mn |
| Dec 31, 2016 | 512.79 Mn |
| Dec 31, 2016 | 512.79 Mn |
| Sep 30, 2016 | 372.05 Mn |
| Sep 30, 2016 | 372.05 Mn |
| Jun 30, 2016 | 372.42 Mn |
| Jun 30, 2016 | 372.42 Mn |
| Mar 31, 2016 | 707.00 Mn |
| Mar 31, 2016 | 707.00 Mn |
| Dec 31, 2015 | 520.04 Mn |
| Dec 31, 2015 | 520.04 Mn |
| Sep 30, 2015 | 408.10 Mn |
| Sep 30, 2015 | 408.10 Mn |
| Jun 30, 2015 | 1.36 Bn |
| Jun 30, 2015 | 1.36 Bn |