Fortis (FTPSF) Cost of Revenue (2015 - 2026)
Fortis (FTPSF) reported Cost of Revenue of $781.0 million for Q1 2026, up 7.75% on a YoY basis from $724.8 million in Q1 2025, and up 26.93% quarter-over-quarter from $615.3 million in Q4 2025.
Fortis (FTPSF) Cost of Revenue (2015 - 2026) Analysis & Trends
Fortis has reported Cost of Revenue for 12 years, with the latest figure 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.
- The five-year high for Cost of Revenue was $970.5 million in Q1 2023, with the low at $515.3 million in Q2 2025.
- Historically, Cost of Revenue has averaged $669.9 million across 5 years, with a median of $616.5 million in 2022.
- Annual changes were most pronounced in 2022 — Cost of Revenue soared 33.05% — and 2023, when it retreated 29.31%.
- Fortis' Cost of Revenue stood at $934.1 million in 2022, then dropped by 29.31% to $660.3 million in 2023, then fell by 14.36% to $565.5 million in 2024, then advanced by 8.8% to $615.3 million in 2025, then gained 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 | 664.76 Bn | 664.50 Bn | 1.70 Bn | 780.98 Mn |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 985.00 Mn |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 675.00 Mn |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 608.70 Mn |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 491.00 Mn |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | 464.30 Mn |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 1.36 Bn |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 1.46 Bn |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 448.00 Mn |
| 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 |