Growth Metrics

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

South Bow has reported Operating Income over the past 3 years, most recently at $224.0 million for Q1 2026.

  • For Q1 2026, Operating Income fell 7.82% year-over-year to $224.0 million; the TTM value through Mar 2026 reached $383.0 million, up 16.06%, while the annual FY2025 figure was $402.0 million, 8.94% up from the prior year.
  • Operating Income for Q1 2026 was $224.0 million at South Bow, up from -$303.0 million in the prior quarter.
  • Over five years, Operating Income peaked at $282.0 million in Q1 2024 and troughed at -$403.0 million in Q4 2024.
  • A 3-year average of $110.6 million and a median of $242.0 million in 2024 define the central range for Operating Income.
  • On a YoY basis, Operating Income climbed as much as 24.81% in 2025 and fell as far as 13.83% in 2025.
  • Year by year, Operating Income stood at -$403.0 million in 2024, then grew by 24.81% to -$303.0 million in 2025, then skyrocketed by 173.93% to $224.0 million in 2026.
  • Business Quant data shows Operating Income for SOBO at $224.0 million in Q1 2026, -$303.0 million in Q4 2025, and $213.0 million in Q3 2025.