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Business Segments · Cost Of Revenue

Gas Distributionand Storage — Cost Of Revenue

Enbridge Gas Distributionand Storage — Cost Of Revenue increased by 59.7% to $1.98B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.0%, from $1.63B to $1.98B. Over 4 years (FY 2021 to FY 2025), Gas Distributionand Storage — Cost Of Revenue shows an upward trend with a 14.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2026May 8, 2026

How to read this metric

A decrease relative to revenue indicates improved operational efficiency, while an increase may signal rising commodity costs or maintenance requirements.

Detailed definition

This represents the direct costs incurred to provide gas distribution and storage services, including the purchase price...

Peer comparison

Standard cost of goods sold equivalent for utility and energy infrastructure companies.

Metric ID: enb_segment_gas_distributionand_storage_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$299M$135M$755M$1.47B$463M$327M$1.44B$1.61B$371M$190M$698M$1B$312M$203M$982M$1.63B$553M$284M$1.24B$1.98B
QoQ Change-54.8%+459.3%+94.4%-68.5%-29.4%+338.8%+12.3%-77.0%-48.8%+267.4%+43.8%-68.9%-34.9%+383.7%+66.4%-66.2%-48.6%+335.9%+59.7%
YoY Change+54.8%+142.2%+90.1%+9.8%-19.9%-41.9%-51.4%-37.7%-15.9%+6.8%+40.7%+62.7%+77.2%+39.9%+26.1%+21.0%
Range$135M$1.98B
CAGR+48.8%
Avg YoY Growth+25.3%
Median YoY Growth+23.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Enbridge's gas distributionand storage — cost of revenue?
Enbridge (ENB) reported gas distributionand storage — cost of revenue of $1.98B in Q1 2026.
How has Enbridge's gas distributionand storage — cost of revenue changed year-over-year?
Enbridge's gas distributionand storage — cost of revenue increased by 21.0% year-over-year, from $1.63B to $1.98B.
What is the long-term trend for Enbridge's gas distributionand storage — cost of revenue?
Over 4 years (2021 to 2025), Enbridge's gas distributionand storage — cost of revenue has grown at a 14.6% compound annual growth rate (CAGR), from $2.15B to $3.71B.
What does gas distributionand storage — cost of revenue mean?
The direct costs associated with providing gas distribution and storage services.