South Bow (SOBO) Operating Income (2024 - 2026)

South Bow's Operating Income history runs 3 years deep, the most recent figure standing at $224.0 million for Q1 2026.

• On a quarterly basis, Operating Income fell 7.82% year-over-year to $224.0 million in Q1 2026; TTM through Mar 2026 was $383.0 million, a 16.06% increase from a year earlier, with the FY2025 full-year figure at $402.0 million, up 8.94% from the prior year.
• Operating Income advanced to $224.0 million in Q1 2026 per SOBO's latest filing, from -$303.0 million in the prior quarter.
• Across five years, Operating Income topped out at $282.0 million in Q1 2024 and bottomed at -$403.0 million in Q4 2024.
• The 3-year median for Operating Income is $242.0 million (2024), against an average of $110.6 million.
• Biggest YoY gain for Operating Income was 24.81% in 2025; the steepest drop was 13.83% in 2025.
• Year by year, Operating Income stood at -$403.0 million in 2024, then advanced by 24.81% to -$303.0 million in 2025, then surged by 173.93% to $224.0 million in 2026.
• Per Business Quant, the three latest SOBO Operating Income figures stand at $224.0 million (Q1 2026), -$303.0 million (Q4 2025), and $213.0 million (Q3 2025).