TC Energy reports $959 million net income in fourth quarter

CALGARY - TC Energy Corp. says it had a net income of $959 million in the fourth quarter, down from $1.07 million in the same quarter last year.

The pipeline operator says earnings worked out to 92 cents per share in the quarter ending Dec. 31, down from $1.03 a share last year.

Revenue totalled $4.17 billion for the quarter, up from $3.58 billion in the same quarter last year.

TC Energy says its comparable earnings worked out to 98 cents per share,  down from $1.05 per share in the fourth quarter of 2024. 

Analysts on average had expected an adjusted profit of 92 cents per share, according to data compiled by LSEG Data & Analytics.

TC Energy says record power demand from data centres, coal-to-gas conversions and LNG exports drove all-time delivery records across its U.S. and Canadian natural gas pipeline systems in the fourth quarter and into 2026.

This report by The Canadian Press was first published Feb. 13, 2026.

Companies in this story: (TSX:TRP)