Constellation Software Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	11,149	10,066	8,407	6,622	5,106	3,969
Revenue Growth (YoY)	15.12%	19.73%	26.96%	29.69%	28.65%	13.73%
Cost of Revenue	6,977	6,451	5,461	4,299	3,227	2,477
Gross Profit	4,172	3,615	2,946	2,323	1,879	1,492
Selling, General & Admin	837	744	600	470	305	247
Depreciation & Amortization Expenses	1,333	1,226	1,021	819	639	508
Other Operating Expenses	202	182	138	154	62	13
Operating Income	1,800	1,463	1,187	880	873	724
Interest Expense	-289	-280	-192	-110	-68	-46
Other Non-Operating Income (Expense)	-505	-173	-730	-47	-431	-73
Total Non-Operating Income (Expense)	-794	-453	-922	-157	-499	-119
Pretax Income	1,008	1,011	265	725	374	603
Provision for Income Taxes	302	244	204	175	206	167
Net Income	706	767	61	550	168	436
Net Income to Common	706	767	61	550	168	436
Net Income Growth	61.93%	1157.38%	-88.91%	227.38%	-61.47%	30.93%
Shares Outstanding (Basic)	22	21	21	21	21	21
Shares Outstanding (Diluted)	22	21	21	21	21	21
Shares Change (YoY)	42.66%	-	-	-	-	-
EPS (Basic)	31.43	34.48	26.67	24.18	14.65	20.59
EPS (Diluted)	31.43	34.48	26.67	24.18	14.65	20.59
EPS Growth	13.51%	29.28%	10.30%	65.05%	-28.85%	30.90%
Free Cash Flow	2,551	2,129	1,737	1,256	1,271	1,161
Free Cash Flow Growth	19.82%	22.57%	38.30%	-1.18%	9.47%	58.39%
Free Cash Flow Per Share	-	100.46	81.97	59.27	59.98	54.79
Dividends Per Share	4.000	4.000	4.000	4.000	4.000	4.000
Gross Margin	37.42%	35.91%	35.04%	35.08%	36.80%	37.59%
Operating Margin	16.14%	14.53%	14.12%	13.29%	17.10%	18.24%
Profit Margin	8.36%	7.62%	0.73%	8.31%	3.29%	10.99%
FCF Margin	22.88%	21.15%	20.66%	18.97%	24.89%	29.25%
EBITDA	3,159	2,701	2,208	1,699	1,512	1,232
EBITDA Margin	28.33%	26.83%	26.26%	25.66%	29.61%	31.04%
EBIT	1,800	1,463	1,187	880	873	724
EBIT Margin	16.14%	14.53%	14.12%	13.29%	17.10%	18.24%
Effective Tax Rate	7.54%	24.13%	76.98%	24.14%	55.08%	27.69%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.