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

Fortis' Cost of Revenue history runs 12 years deep, the most recent figure standing at $781.0 million for Q1 2026.

• Quarterly Cost of Revenue rose 7.75% year-over-year to $781.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.5 billion (up 4.73% YoY) and the FY2025 annual result came in at $2.4 billion, up 3.93% from the prior year.
• Cost of Revenue was $781.0 million for Q1 2026 at Fortis, 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.
• A 5-year average of $669.9 million and a median of $616.5 million in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 33.05% — and 2023, when it dropped 29.31%.
• Fortis' Cost of Revenue stood at $934.1 million in 2022, then fell by 29.31% to $660.3 million in 2023, then decreased by 14.36% to $565.5 million in 2024, then grew by 8.8% to $615.3 million in 2025, then climbed by 26.93% to $781.0 million in 2026.
• Business Quant data shows FTS's Cost of Revenue at $781.0 million in Q1 2026, $615.3 million in Q4 2025, and $551.5 million in Q3 2025.