Cost of revenue · 2016–2025
TC Energy cost of revenue
$149M−6.1% · FY2025
TC Energy (TRP) reported $149M in cost of revenue for fiscal 2025, −6.1% year on year.
| Fiscal year | Cost of revenue | Change | Filing |
|---|---|---|---|
| FY20252025-12-31 | $149M | −6.1% | Open → |
| FY20242024-12-31 | $158M | +167.4% | Open → |
| FY20232023-12-31 | $59.3M | +250.4% | Open → |
| FY20222022-12-31 | $16.9M | −75.6% | Open → |
| FY20212021-12-31 | $69.4M | +$69.4M | Open → |
| FY20202020-12-31 | $0 | −100.0% | Open → |
| FY20192019-12-31 | $275M | −76.0% | Open → |
| FY20182018-12-31 | $1.1B | −37.5% | Open → |
| FY20172017-12-31 | $1.8B | +12.0% | Open → |
| FY20162016-12-31 | $1.6B | — | Open → |
Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.
Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2016–2025 compound annual growth −23.4%
Figures are reported under US GAAP in CAD and converted to US dollars at ECB reference rates — fiscal 2025 average 1.397 CAD/$ for income items, year-end 1.369 CAD/$ for balance-sheet items.
Cost of revenue at companies of similar size
Cite this page
Ready-made references for the figures on this page, as published on September 25, 2026.
Wikipedia
{{cite web |title=TC Energy cost of revenue |url=https://companiesranked.com/en/company/tc-energy/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}APA 7
CompaniesRanked. (September 25, 2026). TC Energy cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/tc-energy/cost-of-revenueBibTeX
@misc{companiesranked-en-company-tc-energy-cost-of-revenue-2026,
author = {{CompaniesRanked}},
title = {{TC Energy cost of revenue}},
year = {2026},
howpublished = {\url{https://companiesranked.com/en/company/tc-energy/cost-of-revenue}},
note = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
urldate = {2026-09-25}
}The filing itself
The numbers above are read from this document: 40-F · 0001232384-26-000015 · February 13, 2026
{{cite web |title=TC Energy cost of revenue — 40-F (0001232384-26-000015) |url=https://www.sec.gov/Archives/edgar/data/1232384/000123238426000015/trp-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-13}}The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.