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SOUTH BOW CORPORATION (SOBO) Graph

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SOBO Revenue Flow

Filed revenue amounts for 2025-01-01 to 2025-12-31. Coverage is partial. Unconnected amounts are separate disclosures; they must not be added together.

  • 2025-12-31: Revenue $1.99B; Cost of revenue $313.00M; Income tax $64.00M.
  • 2024-12-31: Revenue $2.12B; Cost of revenue $376.00M; Income tax $102.00M.
  • 2023-12-31: Revenue $2.00B; Cost of revenue $351.00M; Income tax $120.00M.

Consolidation item

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

SOBO revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Operating Segments$1.99BRevenue$1.99BCost of revenue$313.00MOther income, net$41.00MPre-tax income$497.00MIncome tax$64.00MNet income$433.00M

Major Customers

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

SOBO revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Major Customer One$634.00MMajor Customer Three$183.00MMajor Customer Two$323.00MRevenue$1.99BCost of revenue$313.00MOther income, net$41.00MPre-tax income$497.00MIncome tax$64.00MNet income$433.00M

Product or service

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

SOBO revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Product AndService Other$118.00MCapacity Arrangements AndTransportation And Other$1.46BCapacity ArrangementsAnd Transportation$1.63BMarketing Activities$403.00MOther Than CapacityArrangements And Transportation-$169.00MRevenue$1.99BCost of revenue$313.00MOther income, net$41.00MPre-tax income$497.00MIncome tax$64.00MNet income$433.00M

Geography

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

SOBO revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Canada Domestic$19.00MCanada Export$401.00MUS$1.57BRevenue$1.99BCost of revenue$313.00MOther income, net$41.00MPre-tax income$497.00MIncome tax$64.00MNet income$433.00M

Equity Method Investment Nonconsolidated Investee

Separate filed amounts; connecting flows are not established. Components and totals may overlap.

SOBO revenue flowFiled amounts. Only explicit calculation relationships connect amounts; dimensional membership alone does not establish an additive flow.Equity Method Investment NonconsolidatedInvestee Or Group Of Investees$185.00MRevenue$1.99BCost of revenue$313.00MOther income, net$41.00MPre-tax income$497.00MIncome tax$64.00MNet income$433.00M

Finer product or service dollar figures and nonoverlapping groupings are shown only where supported by the retained filing evidence. Growth percentages are never converted to revenue dollars.

Historical revenue and expense breakdown

Revenue and expense 12 month

Period endRevenueCost of revenueIncome tax
2025-12-31$1.99B$313.00M$64.00M
2024-12-31$2.12B$376.00M$102.00M
2023-12-31$2.00B$351.00M$120.00M
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