Tc Energy (TCEYF) Cost of Revenue (2009 - 2025)

Tc Energy (TCEYF) posted Cost of Revenue of $39.4 million for Q4 2025, up 0.51% on a QoQ basis from $39.2 million in Q3 2025, and down 32.81% year-on-year from $58.7 million in Q4 2024.

Tc Energy (TCEYF) Cost of Revenue (2009 - 2025) Analysis & Trends

Tc Energy has disclosed Cost of Revenue across 15 years of filings, most recently posting $39.4 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $39.4 million, down 32.81% year-over-year; the trailing twelve-month figure through Dec 2025 was $148.9 million (down 5.77% YoY), and the FY2025 annual result was $148.9 million, down 6.07% from the prior year.
  • Cost of Revenue came in at $39.4 million for Q4 2025 at Tc Energy, up from $39.2 million in the prior quarter.
  • Over the last five years, Cost of Revenue for TCEYF reached as high as $135.7 million in Q2 2022 and fell as low as $27.9 million in Q4 2023.
  • Median Cost of Revenue over the past 4 years was $49.1 million (2024), compared with a mean of $64.0 million.
  • On a YoY basis, Cost of Revenue climbed as much as 110.3% in 2024 and fell as far as 74.05% in 2024.
  • Over 4 years, Cost of Revenue stood at $77.4 million in 2022, then tumbled by 63.92% to $27.9 million in 2023, then soared by 110.3% to $58.7 million in 2024, then slumped by 32.81% to $39.4 million in 2025.
  • Per Business Quant, the three latest TCEYF Cost of Revenue figures stand at $39.4 million (Q4 2025), $39.2 million (Q3 2025), and $35.4 million (Q2 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 9.60 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.75 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - -
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 21.15 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 2.39 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 498.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 7.05 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 2.76 Bn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 270.00 Mn
10 Tc Energy - - 2.95 Bn 39.44 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 39.44 Mn
Dec 31, 2025 39.44 Mn
Sep 30, 2025 39.24 Mn
Sep 30, 2025 39.24 Mn
Jun 30, 2025 35.36 Mn
Jun 30, 2025 35.36 Mn
Mar 31, 2025 34.85 Mn
Mar 31, 2025 34.85 Mn
Dec 31, 2024 58.70 Mn
Dec 31, 2024 58.70 Mn
Sep 30, 2024 34.45 Mn
Sep 30, 2024 34.45 Mn
Jun 30, 2024 29.98 Mn
Jun 30, 2024 29.98 Mn
Mar 31, 2024 34.88 Mn
Mar 31, 2024 34.88 Mn
Dec 31, 2023 27.91 Mn
Dec 31, 2023 27.91 Mn
Sep 30, 2023 132.78 Mn
Sep 30, 2023 132.78 Mn