South Bow Corporation (SOBO) — Financial statements
Income statement, balance sheet, and cash flow for South Bow Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
| Revenue & Gross Profit | ||||
| Revenue | 1,611↓24.0% | 2,120↑5.7% | 2,005 | |
| Cost of Revenue | 1,301↑109.2% | 622↑77.2% | 351 | |
| Gross Profit | 309↓79.4% | 1,498↓9.4% | 1,654 | |
| Operating Expenses | ||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 0.00 | 0.00 | 0.00 | |
| Other Expenses | -8↓101.1% | 753↓21.1% | 954 | |
| Operating Expenses | -8↓101.1% | 753↓21.1% | 954 | |
| Total Costs & Expenses | 1,293↓5.9% | 1,375↑5.4% | 1,305 | |
| Operating Results | ||||
| Operating Income | 317↓57.4% | 745↑6.4% | 700 | |
| Depreciation & Amortization | 251↑2.2% | 246↑0.8% | 244 | |
| EBITDA | 569↓45.9% | 1,052↑2.5% | 1,026 | |
| EBIT | 317↓60.6% | 806↑3.1% | 782 | |
| Interest & Other Income | ||||
| Net Interest Income | -296↑21.3% | -376↓100.0% | -188 | |
| Interest Income | 41↑239.2% | 12↓62.5% | 32 | |
| Interest Expense | 337↓13.2% | 388↑76.4% | 220 | |
| Non-Operating Income | 0.00↑100.0% | -61↑25.6% | -82 | |
| Other Income / Expenses | 188↑157.6% | -327↓137.0% | -138 | |
| Income Before Tax | 506↑21.0% | 418↓25.6% | 562 | |
| Income Tax Expense | 65↓36.2% | 102↓15.0% | 120 | |
| Net Income & EPS | ||||
| Net Income from Continuing Operations | 441↑39.4% | 316↓28.5% | 442 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | |
| Net Income | 441↑39.4% | 316↓28.5% | 442 | |
| Bottom-Line Net Income | 441↑39.4% | 316↓28.5% | 442 | |
| EPS (Basic) | 2.12↑39.5% | 1.52↓28.6% | 2.13 | |
| EPS (Diluted) | 2.11↑38.8% | 1.52↓28.6% | 2.13 | |
| Weighted Average Shares | 208↑0.1% | 208↑0.1% | 208 | |
| Weighted Average Diluted Shares | 209↑0.3% | 208↑0.3% | 208 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.