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Enbridge Income Statement

Revenue, expenses, and profitability over time

Enbridge generated $69.0B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $6.9B with a 10.0% net margin. Diluted EPS is $2.95, which grew 0.1% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$69.0BOperating Income (TTM)$10.5BNet Income (TTM)$6.9BEps Diluted (TTM)3
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$123.29B
P/E Ratio17.86
ROE10.37%

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income applicable to common shareholders$493M$2.3B$2.2B$682M$2B$1.7B
Net earnings to common$493M$2.3B$2.2B$682M$2B$1.7B
Net Income Available to Common Shareholders$493M$2.3B$2.2B$682M$2B$1.7B
Net income$595M$2.4B$2.3B$788M$2.1B$1.8B
Net income attributable to common stock$493M$2.3B$2.2B$682M$2B$1.7B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Reclassifications Net of Tax$493M$2.3B$2.2B$682M$2B$1.7B
Other income, net (Note 6)-$1.1B$120M$1.4B-$297M$442M-$179M
Preferred Stock Dividends and Other Adjustments$102M$103M$102M$106M$108M$107M

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Depreciation and amortization$1.4B$1.4B$1.4B$1.4B$1.5B$1.4B
General and administrative$2.7B$2.5B$2.3B$2.5B$2.7B$2.6B
Total operating expenses$13.8B$14.8B$12.6B$12.4B$14.5B$19.1B

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share0.2110.30.90.8
Diluted earnings per share0.2110.30.90.8

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income from equity method investments$640M$729M$510M$451M$534M$541M
Other Charges-$1.1B$120M$1.4B-$297M$442M-$179M
Interest expense$1.1B$1.3B$1.2B$1.3B$1.2B$1.2B

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income before income taxes84900000000.0%318700000000.0%298700000000.0%116300000000.0%245600000000.0%236500000000.0%

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense$231M$697M$666M$316M$325M$587M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating income$2.4B$3.7B$2.3B$2.3B$2.7B$3.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$16.2B$18.5B$14.9B$14.6B$17.2B$22.4B