South Bow (SOBO) Net Income (2023 - 2026)

South Bow's (SOBO) quarterly Net Income came in at $77.0 million in Q1 2026, down 12.5% year-on-year from $88.0 million in Q1 2025, and up 54.0% quarter-over-quarter from $50.0 million in Q4 2025.

South Bow (SOBO) Net Income (2023 - 2026) Analysis & Trends

South Bow's Net Income history runs 4 years deep, the most recent figure standing at $77.0 million for Q1 2026.

  • On a quarterly basis, Net Income fell 12.5% year-over-year to $77.0 million in Q1 2026; TTM through Mar 2026 was $316.0 million, a 29.51% increase from a year earlier, with the FY2025 full-year figure at $433.0 million, up 41.82% from the prior year.
  • Net Income improved to $77.0 million in Q1 2026 per SOBO's latest filing, from $50.0 million in the prior quarter.
  • Across five years, Net Income topped out at $203.0 million in Q4 2023 and bottomed at $7.0 million in Q4 2024.
  • The 4-year median for Net Income is $88.0 million (2024), against an average of $87.5 million.
  • Across the five-year window, Net Income sank 96.55% in 2024 and soared 614.29% in 2025, its largest moves.
  • Year by year, Net Income stood at $203.0 million in 2023, then sank by 96.55% to $7.0 million in 2024, then surged by 614.29% to $50.0 million in 2025, then jumped by 54.0% to $77.0 million in 2026.
  • Per Business Quant, the three latest SOBO Net Income figures stand at $77.0 million (Q1 2026), $50.0 million (Q4 2025), and $93.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 164.78 Mn
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 19.51 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 894.00 Mn
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 1.30 Bn
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.50 Bn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 847.60 Mn
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 1.98 Bn
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 487.40 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 776.00 Mn
10 South Bow 8.06 Bn 7.46 Bn 417.00 Mn 77.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 77.00 Mn
Dec 31, 2025 50.00 Mn
Sep 30, 2025 93.00 Mn
Jun 30, 2025 96.00 Mn
Mar 31, 2025 88.00 Mn
Dec 31, 2024 7.00 Mn
Sep 30, 2024 61.00 Mn
Jun 30, 2024 88.00 Mn
Mar 31, 2024 112.00 Mn
Dec 31, 2023 203.00 Mn