# TC Energy (TRP) — Earnings

TRP · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/trp/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.66 |
| EPS estimate | $0.60 |
| EPS surprise | +11.23% |
| Revenue surprise | +0.85% |
| Revenue | $2.8B |
| Revenue estimate | $2.8B |
| Reported | Jul 30, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/99070/000123238426000045/trp-06302026x6xk.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/2bf48bfd-cc83-4d78-d4a9-43ff5548b4a0.html) |

TC Energy reported Q2 2026 results on July 30, 2026. Earnings per share were $0.66, ahead of the $0.60 estimate by 11.23%. Revenue was about $2.8 billion, 0.85% above the consensus. Compared with Q2 2025, EPS rose 10% from $0.60 and revenue edged up from about $2.7 billion.

Over the longer record, earnings have been stable to lower. Annual EPS was $2.98 in 2022 and $3.08 in 2023, then fell to $2.95 in 2024 and $2.52 in 2025. The first half of 2026 adds up to $1.37, about 9% more than the $1.26 of the same period a year earlier. Quarterly EPS stayed between $0.55 and $0.93 in the table, with the high in Q4 2023 and the low in Q3 2025. Revenue moved in a narrow range of $2.5 billion to $3.2 billion per quarter. TC Energy beat the EPS estimate in 17 of the last 20 quarters, usually by single-digit margins. The largest beat was Q4 2023, at 22.69%.

TC Energy reported Q3 between November 5 and November 9 in each of the past five years. That points to early November 2026 for the next report, covering the July to September quarter.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 30, 2026 | $0.60 | $0.66 | 11.23% | $2.8B | $2.8B |
| Q1 2026 | May 1, 2026 | $0.70 | $0.71 | 2.14% | $3.0B | $2.8B |
| Q4 2025 | Feb 13, 2026 | $0.67 | $0.71 | 7.21% | $3.0B | $3.0B |
| Q3 2025 | Nov 6, 2025 | $0.56 | $0.55 | -0.95% | $2.6B | $2.7B |
| Q2 2025 | Jul 31, 2025 | $0.58 | $0.60 | 4.06% | $2.6B | $2.7B |
| Q1 2025 | May 1, 2025 | $0.68 | $0.66 | -2.45% | $2.5B | $2.5B |
| Q4 2024 | Feb 14, 2025 | $0.69 | $0.73 | 5.86% | $2.5B | $2.5B |
| Q3 2024 | Nov 7, 2024 | $0.71 | $0.76 | 6.69% | $2.9B | $3.0B |
| Q2 2024 | Aug 1, 2024 | $0.60 | $0.63 | 4.27% | $2.8B | $3.0B |
| Q1 2024 | May 3, 2024 | $0.77 | $0.83 | 7.63% | $3.1B | $3.1B |
| Q4 2023 | Feb 16, 2024 | $0.76 | $0.93 | 22.69% | $3.2B | $3.2B |
| Q3 2023 | Nov 8, 2023 | $0.65 | $0.67 | 2.71% | $2.8B | $2.9B |
| Q2 2023 | Jul 27, 2023 | $0.65 | $0.66 | 1.00% | $2.8B | $2.9B |
| Q1 2023 | Apr 28, 2023 | $0.79 | $0.82 | 3.54% | $2.8B | $2.9B |
| Q4 2022 | Feb 14, 2023 | $0.74 | $0.75 | 0.80% | $2.8B | $3.0B |
| Q3 2022 | Nov 9, 2022 | $0.65 | $0.70 | 8.74% | $2.6B | $2.7B |
| Q2 2022 | Jul 28, 2022 | $0.69 | $0.71 | 2.26% | $2.5B | $2.8B |
| Q1 2022 | Apr 29, 2022 | $0.81 | $0.82 | 0.99% | $2.7B | $2.8B |
| Q4 2021 | Feb 15, 2022 | $0.76 | $0.76 | 0.57% | $2.6B | $2.8B |
| Q3 2021 | Nov 5, 2021 | $0.72 | $0.71 | -0.71% | $2.5B | $2.6B |

## Frequently Asked Questions

### When did TC Energy (TRP) last report earnings?

TC Energy last reported on Jul 30, 2026, covering fiscal Q2 2026.

### Did TRP beat earnings estimates?

Yes. TC Energy reported EPS of $0.66 for Q2 2026 against a $0.60 estimate — a 11.23% beat.

### How much revenue did TRP report last quarter?

TC Energy reported $2.8B in revenue for Q2 2026, against a consensus estimate of $2.8B.

## Similar Stocks

- [ENB](https://www.lighthorse.io/tickers/enb) — Enbridge Inc Common Stock
- [PBA](https://www.lighthorse.io/tickers/pba) — Pembina Pipeline Corp. Ordinary Shares (Canada)
- [KMI](https://www.lighthorse.io/tickers/kmi) — Kinder Morgan, Inc. Common Stock

---

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).
