South Bow Corp (SOBO)
South Bow Corp reported revenue of $2B in fiscal 2025, down 6.3% from a year earlier. Net income was $433M, a net margin of 21.8%. At December 31, 2025 it held $549M in cash. Its latest periodic report to the SEC is the annual report (Canadian issuer) (40-F) filed on March 16, 2026.
What South Bow Corp does
South Bow Corp is registered with the SEC under industry code SIC 4610 (Pipe Lines (No Natural Gas)). Its shares trade on NYSE under the ticker SOBO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2B | $433M | $2.07 | n/a |
| 2024 | $2.1B | $316M | $1.52 | $388M |
| 2024 | $2B | $442M | $2.13 | $732M |
Latest SEC filings
What South Bow Corp has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 5, 2026
- August 5, 2026
- August 5, 2026
- July 8, 2026
- July 8, 2026Passive stake (5% or more) SCHEDULE 13G
- June 29, 2026
- May 29, 2026
- May 14, 2026Passive stake changed SCHEDULE 13G/A
- May 8, 2026
- May 7, 2026
Questions about SOBO
What does South Bow Corp do?
South Bow Corp is registered with the SEC under industry code SIC 4610 (Pipe Lines (No Natural Gas)). Its shares trade on NYSE under the ticker SOBO.
Is South Bow Corp profitable?
Yes. In fiscal 2025 it reported net income of $433M on revenue of $2B, a net margin of 21.8%.
How much revenue does South Bow Corp make?
In fiscal 2025 South Bow Corp reported revenue of $2B. That is 6.3% less than a year earlier.
When did South Bow Corp last report?
Its most recent periodic report is the annual report (Canadian issuer) (40-F) filed on March 16, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from August 5, 2026.
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Follow SOBO: get an email when it filesWhere the numbers come from
Financial figures are the values South Bow Corp tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.