Fortis (FTS) Cost of Revenue (2015 - 2026)

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.