Tc Energy (TRP) Cost of Revenue (2009 - 2026)
Tc Energy's Cost of Revenue came in at $52.77 million for the quarter ended Jun 30, 2026, up 49.2% from $35.36 million a year earlier.
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Analysis
Tc Energy (TRP) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Tc Energy reported Cost of Revenue of $166.82 million, up 2.1% year-over-year; for the year ended Dec 31, 2025, it was $148.87 million, down 6.1% from the prior year.
- Cost of Revenue carries a four-year compound annual growth rate of 21.0% (years ended Dec 2021 to Dec 2025).
- Going back by year, Cost of Revenue was $158.5 million in the year ended Dec 31, 2024 (+167.3%), $59.29 million in the year ended Dec 31, 2023 (+250.4%), $16.92 million in the year ended Dec 31, 2022 (-75.6%) and $69.42 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Cost of Revenue since the quarter ended Dec 31, 2024.
- Year-over-year, Cost of Revenue increased in four of the last seven quarters, with growth averaging 12.1%.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Dec 31, 2024 (growth of 110.3%), and the weakest in the quarter ended Sep 30, 2024 (a decline of 74.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 16.35 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 515.00 Mn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 26.94 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 1.41 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 52.77 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 2.30 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 405.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 439.00 Mn |
| 10 | Oneok | 55.40 Bn | 53.89 Bn | 2.81 Bn | 9.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.77 Mn |
| Dec 31, 2025 | 39.44 Mn |
| Sep 30, 2025 | 39.24 Mn |
| Jun 30, 2025 | 35.36 Mn |
| Mar 31, 2025 | 34.85 Mn |
| Dec 31, 2024 | 58.70 Mn |
| Sep 30, 2024 | 34.45 Mn |
| Jun 30, 2024 | 29.98 Mn |
| Mar 31, 2024 | 34.88 Mn |
| Dec 31, 2023 | 27.91 Mn |
| Sep 30, 2023 | 132.78 Mn |
| Jun 30, 2023 | 80.40 Mn |
| Mar 31, 2023 | 64.35 Mn |
| Dec 31, 2022 | 77.35 Mn |
| Sep 30, 2022 | 98.14 Mn |
| Jun 30, 2022 | 135.69 Mn |
| Mar 31, 2022 | 101.05 Mn |
| Dec 31, 2019 | 757,498.36 |
| Sep 30, 2019 | 1.52 Mn |
| Jun 30, 2019 | 84.46 Mn |
API Access
Tc Energy Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();