South Bow (SOBO) Cost of Revenue (2024 - 2026)
South Bow (SOBO) posted quarterly Cost of Revenue of $74.0 million for Q1 2026, down 11.9% year-over-year from $84.0 million in Q1 2025, and up 5.71% quarter-over-quarter from $70.0 million in Q4 2025.
South Bow (SOBO) Cost of Revenue (2024 - 2026) Analysis & Trends
South Bow's Cost of Revenue history runs 3 years deep, the most recent figure standing at $74.0 million for Q1 2026.
- In Q1 2026, Cost of Revenue fell 11.9% year-over-year to $74.0 million; the TTM figure through Mar 2026 stood at $303.0 million (down 20.26% YoY), while the FY2025 annual figure was $313.0 million, down 16.76% from the prior year.
- Cost of Revenue for Q1 2026 stood at $74.0 million, up from $70.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $105.0 million in Q2 2024, with the low at $70.0 million in Q4 2025.
- The 3-year median for Cost of Revenue is $80.0 million (2024), against an average of $84.8 million.
- Peak annual rise in Cost of Revenue reached 5.0% in 2025, while the deepest fall reached 24.76% in 2025.
- South Bow's Cost of Revenue stood at $93.0 million in 2024, then dropped by 24.73% to $70.0 million in 2025, then increased by 5.71% to $74.0 million in 2026.
- Business Quant data shows SOBO's Cost of Revenue at $74.0 million in Q1 2026, $70.0 million in Q4 2025, and $80.0 million in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | - |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 439.00 Mn |
| 10 | South Bow | 7.64 Bn | 7.00 Bn | 417.00 Mn | 74.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 74.00 Mn |
| Mar 31, 2026 | 74.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Dec 31, 2025 | 70.00 Mn |
| Sep 30, 2025 | 80.00 Mn |
| Sep 30, 2025 | 80.00 Mn |
| Jun 30, 2025 | 79.00 Mn |
| Jun 30, 2025 | 79.00 Mn |
| Mar 31, 2025 | 84.00 Mn |
| Mar 31, 2025 | 84.00 Mn |
| Dec 31, 2024 | 93.00 Mn |
| Dec 31, 2024 | 93.00 Mn |
| Sep 30, 2024 | 98.00 Mn |
| Sep 30, 2024 | 98.00 Mn |
| Jun 30, 2024 | 105.00 Mn |
| Jun 30, 2024 | 105.00 Mn |
| Mar 31, 2024 | 80.00 Mn |
| Mar 31, 2024 | 80.00 Mn |