South Bow (SOBO) Consolidated Net Income (2023 - 2026)
South Bow (SOBO) posted Consolidated Net Income of $88.0 million for Q1 2026, down 32.31% on a QoQ basis from $130.0 million in Q4 2025, and down 4.35% year-on-year from $92.0 million in Q1 2025.
South Bow (SOBO) Consolidated Net Income (2023 - 2026) Analysis & Trends
South Bow has disclosed Consolidated Net Income across 4 years of filings, most recently posting $88.0 million for Q1 2026.
- Consolidated Net Income for Q1 2026 came in at $88.0 million, down 4.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $509.0 million (up 45.43% YoY), and the FY2025 annual result was $513.0 million, up 36.8% from the prior year.
- Consolidated Net Income came in at $88.0 million for Q1 2026 at South Bow, down from $130.0 million in the prior quarter.
- Over the last five years, Consolidated Net Income for SOBO reached as high as $203.0 million in Q4 2023 and fell as low as $64.0 million in Q2 2024.
- Median Consolidated Net Income over the past 4 years was $116.5 million (2024), compared with a mean of $117.9 million.
- Year-over-year, Consolidated Net Income plunged 67.49% in 2024 and jumped 96.97% in 2025.
- Over 4 years, Consolidated Net Income stood at $203.0 million in 2023, then sank by 67.49% to $66.0 million in 2024, then jumped by 96.97% to $130.0 million in 2025, then tumbled by 32.31% to $88.0 million in 2026.
- Per Business Quant, the three latest SOBO Consolidated Net Income figures stand at $88.0 million (Q1 2026), $130.0 million (Q4 2025), and $175.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.30 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.00 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.50 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 1.98 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 487.40 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 922.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 776.00 Mn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 183.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 625.00 Mn |
| 10 | South Bow | - | - | 417.00 Mn | 88.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 88.00 Mn |
| Dec 31, 2025 | 130.00 Mn |
| Sep 30, 2025 | 175.00 Mn |
| Jun 30, 2025 | 116.00 Mn |
| Mar 31, 2025 | 92.00 Mn |
| Dec 31, 2024 | 66.00 Mn |
| Sep 30, 2024 | 128.00 Mn |
| Jun 30, 2024 | 64.00 Mn |
| Mar 31, 2024 | 117.00 Mn |
| Dec 31, 2023 | 203.00 Mn |