Growth Metrics

Fortis (FTS) Cost of Revenue (2016 - 2026)

Fortis filings provide 12 years of Cost of Revenue readings, the most recent being $781.0 million for Q1 2026.

  • On a quarterly basis, Cost of Revenue rose 7.75% to $781.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $2.5 billion, a 4.73% increase, with the full-year FY2025 number at $2.4 billion, up 3.93% from a year prior.
  • Cost of Revenue hit $781.0 million in Q1 2026 for Fortis, up from $615.3 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $970.5 million in Q1 2023 to a low of $515.3 million in Q2 2025.
  • Median Cost of Revenue over the past 5 years was $616.5 million (2022), compared with a mean of $669.9 million.
  • Biggest five-year swings in Cost of Revenue: surged 33.05% in 2022 and later fell 29.31% in 2023.
  • 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 rose by 26.93% to $781.0 million in 2026.
  • The last three reported values for Cost of Revenue were $781.0 million (Q1 2026), $615.3 million (Q4 2025), and $551.5 million (Q3 2025) per Business Quant data.