South Bow (SOBO) Income Statement: Revenue & Earnings

South Bow Income Statement Analysis

Revenue, earnings, and profit margins in billions USD

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South Bow Corporation income statement - Annual data in billions USD
Breakdown	FY 2025	FY 2024	FY 2023
Period Ending	Dec 2025	Dec 2024	Dec 2023
Revenue & Gross Profit
Revenue	1.99	2.12	2.01
Cost of Revenue	0.56	0.38	0.35
Gross Profit	1.43	1.74	1.65
Operating Expenses
Research & Development	0.00	0.00	0.00
Selling, General & Administrative	0.72	0.00	0.00
Operating Expenses	0.71	1.00	0.95
Operating Income	0.72	0.75	0.70
Other Income/Expense
Interest Income	0.04	0.01	0.03
Interest Expense	0.33	0.39	0.22
Other Income/Expense	0.07	-0.33	-0.14
Income
Income Before Tax	0.50	0.42	0.56
Income Tax Expense	0.06	0.10	0.12
Net Income	0.43	0.32	0.44
Net Income - Continuous Operations	0.43	0.32	0.44
Net Income - Discontinued Operations	0.00	0.00	0.00
EBITDA	1.08	1.05	1.03
EBIT	0.83	0.81	0.70
Depreciation & Amortization	0.25	0.25	0.24
Earnings Per Share
Basic EPS	2.00	2.00	2.00
Diluted EPS	2.00	2.00	2.00
Basic Shares Outstanding	0.21	0.21	0.21
Diluted Shares Outstanding	0.21	0.21	0.21