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Enbridge ENB Q1 2026 earnings

Reported May 8, 2026 · Before market open

Revenue$16.1BBeat by $6.4B
EPS$0.71Beat by $0.02
Revenue estimate$9.7B
EPS estimate$0.69

Next report

Nov 6, 2026 (in 2 months)
Revenue estimate$7.4B
EPS estimate$0.38

Financials

Q1 2026

Income statement

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Revenue$22.4B+20.8%
Operating income$3.2B-12.2%
Net income$1.8B-24.8%
EPS (diluted)$0.76-26.2%

Balance sheet

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Cash & equivalents$1.6B-21.7%
Total debt$1.5B-98.5%
Total equity$65.0B-4.8%
Total assets$228.20B+3.7%

Cash flow

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Operating cash flow$2.3B-23.3%
CapEx$2.4B+41.6%
Free cash flow-$97.0M-107%

Valuation & ratios

Valuation

as of 03/31/26
See full
Market cap$118.15B+22.4%
Enterprise value$118B-38.7%
P/E17.1×+1.8×
P/S1.7×+0.1×

Profitability

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Operating margin15.2%-2.2pp
Net margin10%-0.3pp
FCF margin2.7%-5.9pp

Returns & leverage

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Return on equity10.4%+0.9pp
Debt / equity-1.4×
Current ratio0.8×+0.1×

Segments

By product

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Transportation Revenue$4.3B-7.1%
Gas Distribution Revenue$4.1B+11.9%
Gas Distribution Sales$4.1B+12.6%
Storageand Other Revenue$404.0M+1.5%
Electricity Revenue$77.0M+83.3%

By segment

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Liquids Pipelines$15.5B+26.9%
Gas Distributionand Storage$4.4B+11.4%
Gas Transmission$1.8B+3.8%
Renewable Power Generation$174.0M+45.0%

FAQ

When did Enbridge report Q1 2026 earnings?
Enbridge (ENB) reported Q1 2026 earnings on May 8, 2026 before market open.
What were Enbridge's Q1 2026 revenue and EPS?
Enbridge reported revenue of $16.1B and eps of $0.71 for Q1 2026.
Did Enbridge beat estimates in Q1 2026?
Revenue beat the consensus estimate of $9.7B by $6.4B. EPS beat the consensus estimate of $0.69 by $0.02.
How did Enbridge's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 23.7% from $13.0B a year earlier and eps declined 1.4% from $0.72.
Where can I find Enbridge's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001193125-26-212007) and the 10-Q periodic report (0001193125-26-213266) directly on SEC EDGAR. The filing index links above go to sec.gov.