Tc Energy (TRP) Cost of Revenue (2024 - 2026)
Tc Energy (TRP) posted Cost of Revenue of $1.1 billion for Q2 2026, down 4.76% on a QoQ basis from $1.1 billion in Q4 2025, and up 1.55% year-over-year from $1.0 billion in Q2 2025.
Analysis
Tc Energy (TRP) Cost of Revenue (2024 - 2026) Analysis & Trends
Tc Energy has reported Cost of Revenue for 3 years, with the latest figure at $1.1 billion in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 1.55% year-over-year to $1.1 billion in Q2 2026; TTM through Jun 2026 was $4.3 billion, a 25.53% increase from a year earlier, with the FY2025 full-year figure at $4.1 billion, up 2477.55% from the prior year.
- Cost of Revenue was $1.1 billion for Q2 2026 at Tc Energy, down from $1.1 billion in the prior quarter.
- The five-year high for Cost of Revenue was $1.1 billion in Q4 2025, with the low at $894.8 million in Q1 2025.
- Average Cost of Revenue over 3 years is $1.0 billion, with a median of $1.1 billion recorded in 2025.
- The sharpest annual moves came in 2025 and 2026: Cost of Revenue increased 4.54% in 2025, then grew 1.55% in 2026.
- Over 3 years, Cost of Revenue stood at $1.1 billion in 2024, then gained by 4.54% to $1.1 billion in 2025, then declined by 4.76% to $1.1 billion in 2026.
- The last three Cost of Revenue figures came in at $1.1 billion (Q2 2026), $1.1 billion (Q4 2025), and $1.0 billion (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 1.41 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 26.94 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 1.06 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 2.30 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 587.00 Mn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 9.24 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 15.96 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 1.29 Bn |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.06 Bn |
| Dec 31, 2025 | 1.12 Bn |
| Sep 30, 2025 | 1.03 Bn |
| Jun 30, 2025 | 1.05 Bn |
| Mar 31, 2025 | 894.84 Mn |
| Dec 31, 2024 | 1.07 Bn |