Enbridge revenue and financials

ENB · NYSE · USD

Secondary listing. The primary listing is Enbridge · TSX (CAD)

$46.33+0.63%+$0.29

Close · October 6, 2026

In the fiscal year ended December 2025, Enbridge reported revenue of $65.19B (+21.92% year over year). Net income was $7.49B, a net margin of 11.5%.

Annual revenue · 2025: $65.19B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	29,318	22,357	17,177	14,639	14,876	18,502	16,217	14,882	11,336	11,038	11,298	9,844
Cost of revenue	22,618	15,131	10,042	8,487	8,556	10,951	9,492	9,066	5,482	5,000	5,388	4,831
Gross profit	6,700	7,226	7,135	6,152	6,320	7,551	6,725	5,816	5,854	6,038	5,910	5,013
Selling, general and administrative	2,292	2,499	2,627	2,412	2,238	2,399	2,649	2,237	2,260	2,093	2,446	2,021
Operating income	2,979	3,294	3,044	2,342	2,691	3,744	2,692	2,262	2,321	2,752	2,298	1,828
EBIT	2,979	3,294	3,044	2,342	2,691	3,744	2,692	2,262	2,321	2,752	2,298	1,828
EBITDA	4,408	4,727	4,508	3,740	4,082	5,152	4,076	3,579	3,594	3,945	3,464	2,992
Interest expense	1,395	1,222	1,246	1,262	1,181	1,334	1,118	1,314	1,082	905	1,103	921
Pre-tax income	2,012	2,365	2,456	1,163	2,987	3,187	849	1,759	2,740	1,951	2,232	751
Income tax	442	587	325	316	666	697	231	312	739	386	664	128
Net income	1,501	1,778	2,060	788	2,279	2,364	595	1,391	1,943	1,512	1,818	621
Net income to common shareholders	1,396	1,671	1,952	654	2,177	2,261	493	1,293	1,848	1,419	1,726	532
Basic EPS	0.64	0.77	0.90	0.30	1.00	1.04	0.23	0.59	0.86	0.67	0.81	0.26
Diluted EPS	0.64	0.76	0.89	0.30	1.00	1.03	0.23	0.59	0.86	0.67	0.81	0.26
Average shares (basic)	2,184	2,182	2,180	2,181	2,180	2,179	2,179	2,177	2,137	2,126	2,125	2,048
Average shares (diluted)	2,190	2,188	2,186	2,187	2,186	2,185	2,182	2,180	2,139	2,128	2,127	2,049
Dividend per share	0.97	0.97	0.94	0.94	0.94	0.94	0.90	0.92	0.92	0.92	0.88	0.89