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

Tc Energy's Cost of Revenue history runs 15 years deep, the most recent figure standing at $39.4 million for Q4 2025.

• On a quarterly basis, Cost of Revenue fell 32.81% year-over-year to $39.4 million in Q4 2025; TTM through Dec 2025 was $148.9 million, a 5.77% decrease from a year earlier, with the FY2025 full-year figure at $148.9 million, down 6.07% from the prior year.
• Cost of Revenue improved to $39.4 million in Q4 2025 per TRP's latest filing, from $39.2 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $135.7 million in Q2 2022 and bottomed at $27.9 million in Q4 2023.
• The 4-year median for Cost of Revenue is $49.1 million (2024), against an average of $64.0 million.
• Biggest YoY gain for Cost of Revenue was 110.3% in 2024; the steepest drop was 74.05% in 2024.
• Year by year, 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 TRP Cost of Revenue figures stand at $39.4 million (Q4 2025), $39.2 million (Q3 2025), and $35.4 million (Q2 2025).