Hydro One (HRNNF) Cost of Revenue (2017 - 2025)
Hydro One's (HRNNF) quarterly Cost of Revenue came in at $1.3 billion in Q4 2025, up 11.18% year-over-year from $1.1 billion in Q4 2024, and up 26.96% quarter-over-quarter from $992.4 million in Q1 2025.
Analysis
Hydro One (HRNNF) Cost of Revenue (2017 - 2025) Analysis & Trends
Hydro One (HRNNF) has reported Cost of Revenue for 9 consecutive years, with $1.3 billion the latest figure, recorded in Q4 2025.
- On a quarterly basis, Cost of Revenue rose 11.18% year-over-year to $1.3 billion in Q4 2025; TTM through Dec 2025 was $4.3 billion, a 9.43% increase from a year earlier, with the FY2025 full-year figure at $4.9 billion, up 51.91% from the prior year.
- Cost of Revenue was $1.3 billion for Q4 2025 at Hydro One, up from $992.4 million in the prior quarter.
- Over five years, Cost of Revenue peaked at $1.3 billion in Q4 2025 and troughed at $800.5 million in Q1 2022.
- A 5-year average of $985.4 million and a median of $1.0 billion in 2022 frame the typical range for Cost of Revenue.
- Across the five-year window, Cost of Revenue retreated 5.48% in 2022 and increased 11.68% in 2024, its largest moves.
- Over 5 years, Cost of Revenue stood at $1.1 billion in 2021, then fell by 5.48% to $1.0 billion in 2022, then advanced by 6.11% to $1.1 billion in 2023, then climbed by 5.74% to $1.1 billion in 2024, then advanced by 11.18% to $1.3 billion in 2025.
- The last three Cost of Revenue figures came in at $1.3 billion (Q4 2025), $992.4 million (Q1 2025), and $1.1 billion (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enel Chile | 290.50 Bn | 290.50 Bn | 890.00 Mn | 171.00 Mn |
| 2 | Dominion Energy | 55.93 Bn | 59.84 Bn | 3.50 Bn | 984.00 Mn |
| 3 | Xcel Energy | 45.14 Bn | 43.13 Bn | 3.12 Bn | 2.00 Mn |
| 4 | Wec Energy | 33.62 Bn | 33.98 Bn | 1.45 Bn | 617.10 Mn |
| 5 | Ameren | 28.30 Bn | 28.41 Bn | - | - |
| 6 | Fortis | 27.45 Bn | 28.74 Bn | 1.60 Bn | 519.78 Mn |
| 7 | Firstenergy | 26.18 Bn | 27.48 Bn | 2.51 Bn | 1.17 Bn |
| 8 | Hydro One | 22.32 Bn | 21.93 Bn | - | - |
| 9 | Edison International | 21.27 Bn | 21.03 Bn | 3.29 Bn | 1.07 Bn |
| 10 | Cms Energy | 20.49 Bn | 20.87 Bn | 3.65 Bn | 912.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.26 Bn |
| Mar 31, 2025 | 992.41 Mn |
| Dec 31, 2024 | 1.13 Bn |
| Mar 31, 2024 | 905.38 Mn |
| Dec 31, 2023 | 1.07 Bn |
| Mar 31, 2023 | 810.71 Mn |
| Dec 31, 2022 | 1.01 Bn |
| Mar 31, 2022 | 800.53 Mn |
| Dec 31, 2021 | 1.07 Bn |
| Mar 31, 2021 | 801.16 Mn |
| Dec 31, 2020 | 1.12 Bn |
| Mar 31, 2020 | 751.12 Mn |
| Dec 31, 2019 | 1.30 Bn |
| Mar 31, 2019 | 757.20 Mn |
| Dec 31, 2018 | 1.14 Bn |
| Sep 30, 2018 | 78.40 Mn |
| Jun 30, 2018 | 506.18 Mn |
| Mar 31, 2018 | 77.30 Mn |
| Dec 31, 2017 | 1.05 Bn |
| Sep 30, 2017 | 75.93 Mn |