Tc Energy (TRP) Cost of Revenue (2009 - 2026)
Tc Energy (TRP) posted quarterly Cost of Revenue of $52.8 million for Q2 2026, up 49.23% year-over-year from $35.4 million in Q2 2025, and up 33.81% quarter-over-quarter from $39.4 million in Q4 2025.
Tc Energy (TRP) Cost of Revenue (2009 - 2026) Analysis & Trends
Tc Energy's Cost of Revenue history runs 16 years deep, the most recent figure standing at $52.8 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 49.23% year-over-year to $52.8 million; the TTM figure through Jun 2026 stood at $166.8 million (up 2.11% YoY), while the FY2025 annual figure was $148.9 million, down 6.07% from the prior year.
- Cost of Revenue for Q2 2026 stood at $52.8 million, up from $39.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $135.7 million in Q2 2022, with the low at $27.9 million in Q4 2023.
- The 5-year median for Cost of Revenue is $52.8 million (2026), against an average of $63.4 million.
- Peak annual rise in Cost of Revenue reached 110.3% in 2024, while the deepest fall reached 74.05% in 2024.
- Tc Energy's Cost of Revenue stood at $77.4 million in 2022, then plunged by 63.92% to $27.9 million in 2023, then surged by 110.3% to $58.7 million in 2024, then tumbled by 32.81% to $39.4 million in 2025, then jumped by 33.81% to $52.8 million in 2026.
- Business Quant data shows TRP's Cost of Revenue at $52.8 million in Q2 2026, $39.4 million in Q4 2025, and $39.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enbridge | 111.15 Bn | 109.66 Bn | 5.23 Bn | 15.96 Bn |
| 3 | Enterprise Products Partners | 82.76 Bn | 81.85 Bn | - | - |
| 4 | Energy Transfer | 72.45 Bn | 71.42 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Tc Energy | 65.93 Bn | 58.37 Bn | 1.24 Bn | 52.77 Mn |
| 6 | Mplx | 60.29 Bn | 59.25 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 59.71 Bn | 59.55 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Targa Resources | 58.99 Bn | 58.86 Bn | 2.14 Bn | 2.30 Bn |
| 9 | Cheniere Energy | 55.44 Bn | 54.19 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Venture Global | 33.84 Bn | 30.62 Bn | 2.92 Bn | 1.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.77 Mn |
| Jun 30, 2026 | 52.77 Mn |
| 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 |