Gas Distribution Revenue — Cost of Goods Sold
Enbridge Gas Distribution Revenue — Cost of Goods Sold increased by 59.5% to $1.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.8%, from $1.62B to $1.97B. Over 4 years (FY 2021 to FY 2025), Gas Distribution Revenue — Cost of Goods Sold shows an upward trend with a 15.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue may signal rising commodity prices or operational inefficiencies, while a decrease relative to revenue suggests improved cost management or favorable procurement contracts.
Detailed definition
This metric captures the direct costs associated with procuring natural gas supplies and the operational expenses requir...
Peer comparison
Comparable to cost of sales or operating expenses for regulated gas utility segments at peer energy infrastructure firms.
enb_segment_gas_distribution_revenue_cost_of_goods_and_services_soldHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $289.00M | $120.00M | $735.00M | $1.46B | $456.00M | $330.00M | $1.41B | $1.59B | $368.00M | $183.00M | $695.00M | $994.00M | $309.00M | $201.00M | $980.00M | $1.62B | $548.00M | $280.00M | $1.23B | $1.97B |
| QoQ Change | — | -58.5% | +512.5% | +98.1% | -68.7% | -27.6% | +325.8% | +13.5% | -76.9% | -50.3% | +279.8% | +43.0% | -68.9% | -35.0% | +387.6% | +64.9% | -66.1% | -48.9% | +340.7% | +59.5% |
| YoY Change | — | — | — | — | +57.8% | +175.0% | +91.2% | +9.5% | -19.3% | -44.5% | -50.5% | -37.6% | -16.0% | +9.8% | +41.0% | +62.6% | +77.3% | +39.3% | +25.9% | +21.8% |
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Frequently Asked Questions
- What is Enbridge's gas distribution revenue — cost of goods sold?
- Enbridge (ENB) reported gas distribution revenue — cost of goods sold of $1.97B in Q1 2026.
- How has Enbridge's gas distribution revenue — cost of goods sold changed year-over-year?
- Enbridge's gas distribution revenue — cost of goods sold increased by 21.8% year-over-year, from $1.62B to $1.97B.
- What is the long-term trend for Enbridge's gas distribution revenue — cost of goods sold?
- Over 4 years (2021 to 2025), Enbridge's gas distribution revenue — cost of goods sold has grown at a 15.1% compound annual growth rate (CAGR), from $2.09B to $3.68B.
- What does gas distribution revenue — cost of goods sold mean?
- The direct expenses incurred to purchase natural gas and operate the distribution systems used to serve customers.