Fortis reported revenue of $2.12B and net income of $0.33B for the quarter ended Jun 2026, up 4.3% year over year. This income statement covers 46 quarters of results from Dec 2014 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Dec2014 | Jun2015 | Sep2015 | Dec2015 | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||||||||||||
| Revenue | 1.74B | 2.05B | 2.24B | 1.95B | 1.96B | 2.33B | 2.46B | 1.93B | 2.03B | 2.12B | 2.31B | 1.95B | 2.03B | 2.11B | 2.33B | 2.03B | 2.13B | 2.21B | 2.48B | 2.12B | ||||||||||||||||||||||||||
| Cost of RevenueCost of Rev | 0.50B | 0.70B | 0.86B | 0.63B | 0.62B | 0.93B | 0.97B | 0.59B | 0.58B | 0.66B | 0.75B | 0.52B | 0.54B | 0.57B | 0.72B | 0.52B | 0.55B | 0.62B | 0.78B | 0.52B | ||||||||||||||||||||||||||
| Gross Profit | 1.25B | 1.35B | 1.38B | 1.33B | 1.34B | 1.40B | 1.48B | 1.35B | 1.45B | 1.46B | 1.57B | 1.43B | 1.49B | 1.55B | 1.60B | 1.52B | 1.58B | 1.59B | 1.70B | 1.60B | ||||||||||||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||||||||||||
| Amortization - Intangibles | ||||||||||||||||||||||||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.29B | 0.28B | 0.31B | 0.33B | 0.34B | |||||||||||||||||||||||||||||||||||||||||
| Other Operating ExpensesOther Opex | 0.47B | 0.53B | 0.53B | 0.23B | 0.48B | 0.53B | 0.55B | 0.25B | 0.51B | 0.55B | 0.57B | 0.23B | 0.54B | 0.57B | 0.58B | 0.24B | 0.57B | 0.60B | 0.62B | 0.29B | ||||||||||||||||||||||||||
| Operating ExpensesOpex | 0.47B | 0.53B | 0.53B | 0.52B | 0.48B | 0.53B | 0.55B | 0.53B | 0.51B | 0.55B | 0.57B | 0.54B | 0.54B | 0.57B | 0.58B | 0.57B | 0.57B | 0.60B | 0.62B | 0.63B | ||||||||||||||||||||||||||
| Operating IncomeOp. Inc | 0.48B | 0.51B | 0.53B | 0.48B | 0.53B | 0.55B | 0.61B | 0.49B | 0.61B | 0.57B | 0.65B | 0.54B | 0.60B | 0.62B | 0.66B | 0.58B | 0.63B | 0.62B | 0.70B | 0.58B | ||||||||||||||||||||||||||
| EBIT | 0.48B | 0.51B | 0.53B | 0.48B | 0.53B | 0.55B | 0.61B | 0.49B | 0.61B | 0.57B | 0.65B | 0.54B | 0.60B | 0.62B | 0.66B | 0.58B | 0.63B | 0.62B | 0.70B | 0.58B | ||||||||||||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 0.27B | 0.20B | 0.20B | 0.21B | 0.21B | 0.22B | 0.23B | 0.24B | 0.25B | 0.25B | 0.25B | 0.25B | 0.26B | 0.26B | 0.26B | 0.27B | 0.27B | 0.26B | 0.27B | 0.28B | ||||||||||||||||||||||||||
| Non Operating Investment IncomeNon-Op. Investment Inc. | -0.01B | -0.00B | 0.00B | -0.00B | 0.01B | |||||||||||||||||||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 57.14B | 45.74B | 0.00B | -0.01B | 0.00B | 47.33B | 0.02B | -0.02B | 0.02B | 48.42B | -0.02B | -0.02B | 0.02B | 52.60B | 0.01B | -0.03B | -0.09B | 53.66B | -0.03B | -0.04B | ||||||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 0.27B | -0.03B | 0.00B | -0.03B | -0.02B | 0.01B | -0.01B | 0.00B | 0.28B | 0.02B | -0.00B | 0.01B | -0.48B | |||||||||||||||||||||||||||||||||
| Non Operating IncomeNon Op. Inc. | 0.06B | 0.03B | 0.03B | 0.03B | 0.01B | 0.05B | 0.05B | 0.05B | 0.04B | 0.08B | 0.05B | 0.05B | 0.07B | 0.03B | 0.06B | 0.08B | 0.06B | 0.05B | 0.07B | 0.09B | ||||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||||||||||||
| EBT | 0.31B | 0.35B | 0.36B | 0.30B | 0.33B | 0.39B | 0.43B | 0.29B | 0.40B | 0.41B | 0.45B | 0.33B | 0.41B | 0.39B | 0.47B | 0.39B | 0.42B | 0.41B | 0.49B | 0.39B | ||||||||||||||||||||||||||
| Tax ProvisionsTaxes | 0.08B | 0.05B | 0.05B | 0.04B | 0.05B | 0.08B | 0.07B | 0.04B | 0.07B | 0.09B | 0.07B | 0.05B | 0.06B | 0.07B | 0.08B | 0.07B | 0.08B | 0.06B | 0.08B | 0.05B | ||||||||||||||||||||||||||
| Profit After TaxPAT | 0.36B | 1.23B | 0.31B | 0.26B | 0.28B | 0.37B | 0.36B | 0.26B | 0.33B | 1.51B | 0.38B | 0.28B | 0.35B | 1.61B | 0.39B | 0.32B | 0.34B | 0.35B | 0.41B | 0.33B | ||||||||||||||||||||||||||
| Equity Income | 0.00B | 0.00B | 0.01B | |||||||||||||||||||||||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | 0.02B | 0.02B | 0.02B | 0.02B | 0.02B | 0.03B | 0.02B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | 0.03B | ||||||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | 0.23B | 0.29B | 0.31B | 0.26B | 0.28B | 0.31B | 0.36B | 0.26B | 0.33B | 0.32B | 0.38B | 0.28B | 0.35B | 0.32B | 0.39B | 0.32B | 0.34B | 0.35B | 0.41B | 0.33B | ||||||||||||||||||||||||||
| Income from Discontinued OperationsIncome (Discontinued) | ||||||||||||||||||||||||||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | 0.23B | 0.29B | 0.31B | 0.26B | 0.28B | 0.31B | 0.36B | 0.26B | 0.33B | 0.32B | 0.38B | 0.28B | 0.35B | 0.32B | 0.39B | 0.32B | 0.34B | 0.35B | 0.41B | 0.33B | ||||||||||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | 0.23B | 0.29B | 0.31B | 0.26B | 0.28B | 0.31B | 0.36B | 0.26B | 0.33B | 0.32B | 0.38B | 0.28B | 0.35B | 0.32B | 0.39B | 0.32B | 0.34B | 0.35B | 0.41B | 0.33B | ||||||||||||||||||||||||||
| Preferred Dividend PaymentsPref Dividends | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.01B | 0.02B | 0.02B | 0.02B | 0.02B | ||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | 0.33B | 0.26B | 0.28B | 0.22B | 0.25B | 0.27B | 0.32B | 0.22B | 0.29B | 0.28B | 0.34B | 0.24B | 0.31B | 0.28B | 0.35B | 0.28B | 0.30B | 0.30B | 0.37B | 0.29B | ||||||||||||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | 0.71 | 0.55 | 0.59 | 0.47 | 0.53 | 0.57 | 0.68 | 0.46 | 0.61 | 0.58 | 0.70 | 0.50 | 0.63 | 0.57 | 0.70 | 0.56 | 0.60 | 0.60 | 0.73 | 0.57 | ||||||||||||||||||||||||||
| EPS (Diluted) | 0.71 | 0.55 | 0.59 | 0.47 | 0.53 | 0.57 | 0.67 | 0.46 | 0.61 | 0.58 | 0.70 | 0.50 | 0.63 | 0.57 | 0.70 | 0.56 | 0.60 | 0.60 | 0.73 | 0.57 | ||||||||||||||||||||||||||
| Shares Outstanding | 0.46B | 0.47B | 0.47B | 0.47B | 0.47B | 0.48B | 0.48B | 0.48B | 0.48B | 0.49B | 0.49B | 0.49B | 0.49B | 0.49B | 0.49B | 0.49B | 0.49B | 0.50B | 0.50B | 0.50B | ||||||||||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 0.47B | 0.47B | 0.47B | 0.47B | 0.47B | 0.48B | 0.48B | 0.48B | 0.48B | 0.49B | 0.49B | 0.49B | 0.49B | 0.50B | 0.50B | 0.50B | 0.50B | 0.50B | 0.50B | 0.50B | ||||||||||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 0.47B | 0.48B | 0.49B | 0.50B | 0.51B | |||||||||||||||||||||||||||||||||||||||||
| EBITDA | 0.48B | 0.51B | 0.53B | 0.77B | 0.53B | 0.55B | 0.61B | 0.77B | 0.61B | 0.57B | 0.65B | 0.85B | 0.60B | 0.62B | 0.66B | 0.91B | 0.63B | 0.62B | 0.70B | 0.92B | ||||||||||||||||||||||||||
| Interest ExpensesInt Expense | 0.27B | 0.20B | 0.20B | 0.21B | 0.21B | 0.22B | 0.23B | 0.24B | 0.25B | 0.25B | 0.25B | 0.25B | 0.26B | 0.26B | 0.26B | 0.27B | 0.27B | 0.26B | 0.27B | 0.28B | ||||||||||||||||||||||||||
| Tax Rate | 26.40% | 15.30% | 14.57% | 13.84% | 14.91% | 19.85% | 17.12% | 12.41% | 17.13% | 21.48% | 16.48% | 15.13% | 14.80% | 17.10% | 17.21% | 17.16% | 18.13% | 14.16% | 16.62% | 14.18% |