Tc Energy annual operating expenses
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2025
Tc Energy Operating Expenses Growth & History (TRP)
Tc Energy's operating expenses was $4.62B for fiscal 2025.
View full Tc Energy company overviewTc Energy annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $4.62B | $206.0M | +4.67% |
| 2024 | 2024-12-31 | $4.41B | −$2.97B | −40.20% |
| 2023 | 2023-12-31 | $7.38B | $3.15B | +74.55% |
| 2022 | 2022-12-31 | $4.23B | $130.0M | +3.17% |
| 2021 | 2021-12-31 | $4.10B | $220.0M | +5.67% |
| 2020 | 2020-12-31 | $3.88B | −$35.0M | −0.89% |
| 2019 | 2019-12-31 | $3.91B | $320.0M | +8.91% |
| 2018 | 2018-12-31 | $3.59B | −$313.0M | −8.01% |
| 2017 | 2017-12-31 | $3.91B | $45.0M | +1.17% |
| 2016 | 2016-12-31 | $3.86B | $558.0M | +16.89% |
| 2015 | 2015-12-31 | $3.30B | $330.0M | +11.10% |
| 2014 | 2014-12-31 | $2.97B | $299.0M | +11.18% |
| 2013 | 2013-12-31 | $2.67B | $97.0M | +3.76% |
| 2012 | 2012-12-31 | $2.58B | $219.0M | +9.29% |
| 2011 | 2011-12-31 | $2.36B | $289.0M | +13.97% |
| 2010 | 2010-12-31 | $2.07B | — | — |
Tc Energy quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $227.0M | $9.0M | +4.13% |
| Q1 2026 | 2026-03-31 | $194.0M | — | — |
| Q4 2025 | 2025-12-31 | $224.0M | — | — |
| Q3 2025 | 2025-09-30 | $215.0M | — | — |
| Q2 2025 | 2025-06-30 | $218.0M | — | — |
Tc Energy operating expenses trends
Over the last five fiscal years, Tc Energy's operating expenses increased from $3.88B to $4.62B, a change of $741.0M. The latest reported quarter, Q2 2026, shows $227.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Tc Energy source filings ↗