Fortis FTS
NYSE FTS
$54.90 -1.34 (-2.38%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Fortis (FTS) posted quarterly Cost of Revenue of $519.8 million for Q2 2026, up 0.87% year-over-year from $515.3 million in Q2 2025, and down 33.44% on a QoQ basis from $781.0 million in Q1 2026.

Fortis (FTS) Cost of Revenue (2015 - 2026) Analysis & Trends

Fortis has reported Cost of Revenue for 12 years, with the latest figure at $519.8 million in Q2 2026.

  • Cost of Revenue for Q2 2026 came in at $519.8 million, up 0.87% year-over-year; the trailing twelve-month figure through Jun 2026 was $2.5 billion (up 5.19% YoY), and the FY2025 annual result was $2.4 billion, up 3.93% from the prior year.
  • Cost of Revenue eased to $519.8 million in Q2 2026, from $781.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $970.5 million in Q1 2023 and troughed at $515.3 million in Q2 2025.
  • A 5-year average of $661.5 million and a median of $615.9 million in 2022 frame the typical range for Cost of Revenue.
  • The widest annual swing landed in 2022, when Cost of Revenue soared 33.05%; it then dropped 29.31% in 2023.
  • A 5-year view of Cost of Revenue shows it 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 decreased by 15.52% to $519.8 million in 2026.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $519.8 million in Q2 2026, $781.0 million in Q1 2026, and $615.3 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 National Grid 78.91 Bn 75.10 Bn - -
2 Dominion Energy 58.65 Bn 57.86 Bn 3.50 Bn 984.00 Mn
3 Xcel Energy 47.76 Bn 45.75 Bn 3.12 Bn 2.00 Mn
4 Wec Energy 34.66 Bn 34.61 Bn 1.45 Bn 617.10 Mn
5 Ameren 29.39 Bn 29.38 Bn - -
6 Fortis 28.02 Bn 28.02 Bn 1.60 Bn 519.78 Mn
7 Edison International 27.49 Bn 27.25 Bn 3.29 Bn 1.07 Bn
8 Firstenergy 26.59 Bn 26.40 Bn 2.51 Bn 1.17 Bn
9 Hydro One 24.05 Bn 23.66 Bn - -
10 Cms Energy 21.23 Bn 20.99 Bn 3.65 Bn 912.00 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 519.78 Mn
Jun 30, 2026 519.78 Mn
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