Income Statement - Fortis Inc. (FTS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 12,170.00 | 11,508.00 | 11,517.00 | 11,043.00 | 9,448.00 | 8,935.00 | 8,783.00 | 8,390.00 | 8,301.00 | 6,838.00 | 6,757.00 | 5,401.00 | 4,047.00 | 3,654.00 | 3,738.00 | 3,664.00 | 3,637.00 | 3,903.00 | 2,718.00 | 1,471.74 |
| Cost of revenue | 3,371.00 | 3,249.00 | 3,771.00 | 3,952.00 | 2,951.00 | 2,562.00 | 2,520.00 | 4,782.00 | 2,361.00 | 2,341.00 | 2,591.00 | 2,197.00 | 1,617.00 | 1,522.00 | 1,697.00 | 1,686.00 | 1,799.00 | 2,112.00 | 1,287.00 | 540.49 |
| Gross profit | 8,799.00 | 8,259.00 | 7,746.00 | 7,091.00 | 6,497.00 | 6,373.00 | 6,263.00 | 3,608.00 | 5,940.00 | 4,497.00 | 4,166.00 | 3,204.00 | 2,430.00 | 2,132.00 | 2,041.00 | 1,978.00 | 1,838.00 | 1,791.00 | 1,431.00 | 931.25 |
| Total operating expenses | 5,307.00 | 4,967.00 | 4,662.00 | 4,351.00 | 4,028.00 | 3,865.00 | 3,225.00 | 3,530.00 | 3,429.00 | 3,014.00 | 2,737.00 | 2,181.00 | 1,578.00 | 1,338.00 | 1,266.00 | 1,238.00 | 1,137.00 | 1,091.00 | 890.00 | 576.10 |
| Operating income | 3,492.00 | 3,292.00 | 3,084.00 | 2,740.00 | 2,469.00 | 2,508.00 | 3,038.00 | 2,365.00 | 2,511.00 | 1,483.00 | 1,419.00 | 1,023.00 | 852.00 | 794.00 | 775.00 | 740.00 | 701.00 | 700.00 | 541.00 | 355.15 |
| Non-operating income (net) | -1,138.00 | -1,118.00 | -1,014.00 | -937.00 | -830.00 | -888.00 | -897.00 | -914.00 | -798.00 | -625.00 | -356.00 | -572.00 | -420.00 | -362.00 | -325.00 | -350.00 | -360.00 | -363.00 | -306.00 | -174.15 |
| Income before tax | 2,354.00 | 2,174.00 | 2,070.00 | 1,803.00 | 1,639.00 | 1,620.00 | 2,141.00 | 1,451.00 | 1,713.00 | 858.00 | 1,063.00 | 451.00 | 432.00 | 432.00 | 450.00 | 390.00 | 341.00 | 337.00 | 235.00 | 181.00 |
| Income tax expense | 393.00 | 346.00 | 360.00 | 289.00 | 234.00 | 231.00 | 289.00 | 165.00 | 588.00 | 145.00 | 223.00 | 66.00 | 32.00 | 61.00 | 84.00 | 67.00 | 49.00 | 65.00 | 36.00 | 32.00 |
| Net income | 1,799.00 | 1,680.00 | 1,573.00 | 1,394.00 | 1,294.00 | 1,274.00 | 1,722.00 | 1,166.00 | 1,028.00 | 660.00 | 805.00 | 379.00 | 410.00 | 362.00 | 357.00 | 313.00 | 280.00 | 259.00 | 199.00 | 149.00 |
Show Quarterly Income Statement
Income Statement - Fortis Inc. (FTS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,403.00 | 3,079.00 | 2,938.00 | 2,815.00 | 3,338.00 | 2,949.00 | 2,771.00 | 2,670.00 | 3,118.00 | 2,885.00 | 2,719.00 | 2,594.00 | 3,319.00 | 3,168.00 | 2,553.00 | 2,487.00 | 2,835.00 | 2,583.00 | 2,196.00 | 2,130.00 | 2,539.00 | 2,346.00 | 2,121.00 | 2,077.00 | 2,391.00 | 2,326.00 | 2,051.00 | 1,970.00 | 2,436.00 | 2,206.00 | 2,040.00 | 1,947.00 | 2,197.00 | 2,111.00 | 1,901.00 | 2,015.00 | 2,274.00 | 2,094.00 | 1,528.00 | 1,485.00 | 1,772.00 | 1,708.00 | 1,566.00 | 1,538.00 | 1,915.00 | 1,693.00 | 1,197.00 | 1,056.00 | 1,455.00 | 1,173.00 | 915.00 | 790.00 | 1,113.00 | 999.00 | 714.00 | 792.00 | 1,149.00 | 1,012.00 | 699.00 | 846.00 | 1,164.00 | 1,037.00 | 720.00 | 836.00 | 1,076.00 | 1,018.00 | 664.00 | 754.00 | 1,201.00 | 1,182.00 | 727.00 | 848.00 | 1,146.00 | 1,018.10 | 651.00 | 565.90 | 483.05 | 393.11 | 341.95 | 345.85 | 390.83 |
| Cost of revenue | 1,071.00 | 858.00 | 759.00 | 714.00 | 1,040.00 | 790.00 | 737.00 | 713.00 | 1,009.00 | 899.00 | 773.00 | 787.00 | 1,312.00 | 1,268.00 | 804.00 | 797.00 | 1,083.00 | 885.00 | 624.00 | 593.00 | 849.00 | 726.00 | 572.00 | 514.00 | 750.00 | 669.00 | 522.00 | 496.00 | 833.00 | 1,309.00 | 574.00 | 507.00 | 729.00 | 1,234.00 | 478.00 | 524.00 | 754.00 | 684.00 | 503.00 | 488.00 | 692.00 | 664.00 | 533.00 | 531.00 | 833.00 | 709.00 | 406.00 | 403.00 | 679.00 | 474.00 | 311.00 | 282.00 | 505.00 | 430.00 | 235.00 | 291.00 | 566.00 | 490.00 | 246.00 | 358.00 | 603.00 | 508.00 | 259.00 | 367.00 | 552.00 | 520.00 | 253.00 | 319.00 | 707.00 | 685.00 | 320.00 | 439.00 | 668.00 | 557.70 | 272.20 | 242.50 | 214.67 | 220.00 | 188.82 | 200.09 | 218.02 |
| Gross profit | 2,332.00 | 2,221.00 | 2,179.00 | 2,101.00 | 2,298.00 | 2,159.00 | 2,034.00 | 1,957.00 | 2,109.00 | 1,986.00 | 1,946.00 | 1,807.00 | 2,007.00 | 1,900.00 | 1,749.00 | 1,690.00 | 1,752.00 | 1,698.00 | 1,572.00 | 1,537.00 | 1,690.00 | 1,620.00 | 1,549.00 | 1,563.00 | 1,641.00 | 1,657.00 | 1,529.00 | 1,474.00 | 1,603.00 | 897.00 | 1,466.00 | 1,440.00 | 1,468.00 | 877.00 | 1,423.00 | 1,491.00 | 1,520.00 | 1,410.00 | 1,025.00 | 997.00 | 1,080.00 | 1,044.00 | 1,033.00 | 1,007.00 | 1,082.00 | 984.00 | 791.00 | 653.00 | 776.00 | 699.00 | 604.00 | 508.00 | 608.00 | 569.00 | 479.00 | 501.00 | 583.00 | 522.00 | 453.00 | 488.00 | 561.00 | 529.00 | 461.00 | 469.00 | 524.00 | 498.00 | 411.00 | 435.00 | 494.00 | 497.00 | 407.00 | 409.00 | 478.00 | 460.40 | 378.80 | 323.40 | 268.38 | 393.11 | 341.95 | 345.85 | 390.83 |
| Total operating expenses | 1,377.00 | 1,353.00 | 1,308.00 | 1,301.00 | 1,345.00 | 1,295.00 | 1,220.00 | 1,219.00 | 1,233.00 | 1,207.00 | 1,125.00 | 1,153.00 | 1,177.00 | 1,147.00 | 1,052.00 | 1,076.00 | 1,076.00 | 1,052.00 | 974.00 | 980.00 | 1,022.00 | 970.00 | 947.00 | 965.00 | 983.00 | 967.00 | 944.00 | 364.00 | 950.00 | 943.00 | 870.00 | 862.00 | 855.00 | 898.00 | 793.00 | 865.00 | 876.00 | 947.00 | 673.00 | 686.00 | 692.00 | 693.00 | 678.00 | 678.00 | 688.00 | 693.00 | 565.00 | 456.00 | 467.00 | 452.00 | 426.00 | 336.00 | 350.00 | 366.00 | 321.00 | 318.00 | 333.00 | 346.00 | 304.00 | 311.00 | 316.00 | 331.00 | 313.00 | 300.00 | 299.00 | 302.00 | 273.00 | 279.00 | 284.00 | 556.00 | 174.00 | 268.00 | 262.00 | 269.60 | 247.30 | 203.50 | 169.56 | 300.86 | 251.69 | 266.45 | 297.58 |
| Operating income | 955.00 | 868.00 | 871.00 | 800.00 | 953.00 | 864.00 | 814.00 | 738.00 | 876.00 | 779.00 | 821.00 | 654.00 | 830.00 | 753.00 | 697.00 | 614.00 | 676.00 | 646.00 | 598.00 | 557.00 | 668.00 | 650.00 | 602.00 | 598.00 | 658.00 | 690.00 | 585.00 | 1,110.00 | 653.00 | 578.00 | 596.00 | 578.00 | 613.00 | 608.00 | 630.00 | 626.00 | 644.00 | 463.00 | 352.00 | 311.00 | 357.00 | 351.00 | 355.00 | 329.00 | 394.00 | 291.00 | 226.00 | 197.00 | 309.00 | 247.00 | 178.00 | 172.00 | 258.00 | 203.00 | 158.00 | 183.00 | 250.00 | 176.00 | 149.00 | 177.00 | 245.00 | 198.00 | 148.00 | 169.00 | 225.00 | 196.00 | 138.00 | 156.00 | 211.00 | -59.00 | 233.00 | 141.00 | 216.00 | 190.80 | 131.50 | 119.90 | 99.00 | 92.25 | 90.26 | 79.40 | 93.25 |
| Non-operating income (net) | -281.00 | -303.00 | -292.00 | -264.00 | -279.00 | -320.00 | -253.00 | -282.00 | -263.00 | -225.00 | -284.00 | -259.00 | -246.00 | -229.00 | -261.00 | -231.00 | -216.00 | -208.00 | -207.00 | -213.00 | -202.00 | -217.00 | -208.00 | -216.00 | -247.00 | -217.00 | -229.00 | -220.00 | -231.00 | -240.00 | -222.00 | -225.00 | -227.00 | -179.00 | -203.00 | -212.00 | -201.00 | -203.00 | -154.00 | -141.00 | -127.00 | -138.00 | -136.00 | 25.00 | -117.00 | -129.00 | -202.00 | -125.00 | -116.00 | -100.00 | -101.00 | -136.00 | -83.00 | -84.00 | -92.00 | -92.00 | -94.00 | -59.00 | -67.00 | -89.00 | -86.00 | -84.00 | -88.00 | -88.00 | -90.00 | -93.00 | -91.00 | -88.00 | -88.00 | 157.00 | -86.00 | -90.00 | -91.00 | -89.30 | -97.10 | -70.70 | -49.00 | -47.29 | -44.76 | -39.08 | -42.69 |
| Income before tax | 674.00 | 565.00 | 579.00 | 536.00 | 674.00 | 544.00 | 561.00 | 456.00 | 613.00 | 554.00 | 537.00 | 395.00 | 584.00 | 524.00 | 436.00 | 383.00 | 460.00 | 438.00 | 391.00 | 344.00 | 466.00 | 433.00 | 394.00 | 382.00 | 411.00 | 473.00 | 356.00 | 890.00 | 422.00 | 338.00 | 374.00 | 353.00 | 386.00 | 429.00 | 427.00 | 414.00 | 443.00 | 260.00 | 198.00 | 170.00 | 230.00 | 213.00 | 219.00 | 354.00 | 277.00 | 162.00 | 24.00 | 72.00 | 193.00 | 147.00 | 77.00 | 36.00 | 175.00 | 119.00 | 66.00 | 91.00 | 156.00 | 117.00 | 82.00 | 88.00 | 159.00 | 114.00 | 60.00 | 81.00 | 135.00 | 103.00 | 47.00 | 68.00 | 123.00 | 98.00 | 147.00 | 51.00 | 125.00 | 101.50 | 34.40 | 49.20 | 50.00 | 44.96 | 45.50 | 40.33 | 50.55 |
| Income tax expense | 112.00 | 80.00 | 105.00 | 92.00 | 116.00 | 93.00 | 83.00 | 69.00 | 101.00 | 119.00 | 92.00 | 49.00 | 100.00 | 104.00 | 65.00 | 53.00 | 67.00 | 67.00 | 49.00 | 48.00 | 70.00 | 57.00 | 58.00 | 58.00 | 58.00 | 66.00 | 32.00 | 125.00 | 66.00 | 30.00 | 52.00 | 61.00 | 22.00 | 274.00 | 106.00 | 102.00 | 106.00 | 35.00 | 40.00 | 28.00 | 42.00 | 50.00 | 40.00 | 76.00 | 57.00 | 26.00 | -8.00 | 9.00 | 39.00 | 29.00 | 8.00 | -34.00 | 30.00 | 17.00 | 7.00 | 14.00 | 23.00 | 23.00 | 12.00 | 16.00 | 31.00 | 19.00 | 5.00 | 15.00 | 28.00 | 15.00 | 2.00 | 7.00 | 25.00 | 17.00 | 93.00 | 19.00 | 29.00 | 20.90 | 2.10 | 6.10 | 7.00 | 9.49 | 6.70 | 2.38 | 13.95 |
| Net income | 523.00 | 444.00 | 431.00 | 404.00 | 520.00 | 415.00 | 439.00 | 349.00 | 477.00 | 398.00 | 411.00 | 311.00 | 453.00 | 386.00 | 342.00 | 300.00 | 366.00 | 343.00 | 311.00 | 269.00 | 371.00 | 348.00 | 307.00 | 291.00 | 328.00 | 363.00 | 294.00 | 737.00 | 328.00 | 278.00 | 292.00 | 257.00 | 339.00 | 150.00 | 294.00 | 274.00 | 310.00 | 205.00 | 149.00 | 125.00 | 181.00 | 154.00 | 170.00 | 263.00 | 218.00 | 133.00 | 29.00 | 60.00 | 157.00 | 113.00 | 64.00 | 68.00 | 165.00 | 87.00 | 56.00 | 74.00 | 132.00 | 92.00 | 67.00 | 69.00 | 127.00 | 92.00 | 52.00 | 63.00 | 106.00 | 85.00 | 41.00 | 58.00 | 96.00 | 81.00 | 54.00 | 32.00 | 92.00 | 80.60 | 32.30 | 43.10 | 43.00 | 35.47 | 38.80 | 37.95 | 36.61 |