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Fortis Inc.Stock · Utilities
$55.92−$0.38 (-0.68%)as of market close, Aug 6, 2026
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How Fortis makes money

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How does Fortis make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Fortis Inc. · FY2025 · year ended 2025-12-31
Revenue$8.7BGross profit$6.3B · 72%Cost of revenue$2.4B · 28%Operating income$2.5B · 29%Operating expenses$3.8B · 44%Other opex$3.8B · 44%Pre-tax income$1.7B · 19%Other expense$814M · 9%Net income$1.4B · 16%Income tax$281M · 3%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.