South Bow (SOBO) EBITDA (2023 - 2026)

South Bow's EBITDA history runs 4 years deep, the most recent figure standing at $257.0 million for Q1 2026.

• On a quarterly basis, EBITDA fell 3.38% year-over-year to $257.0 million in Q1 2026; TTM through Mar 2026 was $416.0 million, a 17.85% increase from a year earlier, with the FY2025 full-year figure at $402.0 million, up 8.94% from the prior year.
• EBITDA grew to $257.0 million in Q1 2026 per SOBO's latest filing, from -$303.0 million in the prior quarter.
• Across five years, EBITDA topped out at $308.0 million in Q4 2023 and bottomed at -$403.0 million in Q4 2024.
• The 4-year median for EBITDA is $248.5 million (2024), against an average of $135.9 million.
• Across the five-year window, EBITDA plunged 230.84% in 2024 and rose 24.81% in 2025, its largest moves.
• Year by year, EBITDA stood at $308.0 million in 2023, then plunged by 230.84% to -$403.0 million in 2024, then advanced by 24.81% to -$303.0 million in 2025, then surged by 184.82% to $257.0 million in 2026.
• Per Business Quant, the three latest SOBO EBITDA figures stand at $257.0 million (Q1 2026), -$303.0 million (Q4 2025), and $213.0 million (Q3 2025).