South Bow (SOBO) Cost of Revenue (2024 - 2026)

South Bow has reported Cost of Revenue for 3 years, with the latest figure at $61.0 million in Q2 2026.

• On a quarterly basis, Cost of Revenue fell 22.78% year-over-year to $61.0 million in Q2 2026; TTM through Jun 2026 was $285.0 million, a 19.49% decrease from a year earlier, with the FY2025 full-year figure at $313.0 million, down 16.76% from the prior year.
• Cost of Revenue was $61.0 million for Q2 2026 at South Bow, down from $74.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $105.0 million in Q2 2024, with the low at $61.0 million in Q2 2026.
• Average Cost of Revenue over 3 years is $82.4 million, with a median of $80.0 million recorded in 2024.
• The largest YoY upside for Cost of Revenue was 5.0% in 2025 against a maximum downside of 24.76% in 2025.
• Over 3 years, Cost of Revenue stood at $93.0 million in 2024, then fell by 24.73% to $70.0 million in 2025, then slipped by 12.86% to $61.0 million in 2026.
• The last three Cost of Revenue figures came in at $61.0 million (Q2 2026), $74.0 million (Q1 2026), and $70.0 million (Q4 2025), per Business Quant data.