BCE Inc. (TSX:BCE)
Canada · Delayed Price · Currency is CAD 34.80
-0.21 (-0.60%)
At close: Feb 11, 2026
BCE Inc. Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 24,468 | 24,409 | 24,673 | 24,174 | 23,449 | |
Revenue Growth (YoY) | 0.24% | -1.07% | 2.06% | 3.09% | 2.47% |
Cost of Revenue | 13,708 | 13,472 | 13,840 | 13,647 | 13,363 |
Gross Profit | 10,760 | 10,937 | 10,833 | 10,527 | 10,086 |
Selling, General & Admin | - | 216 | 218 | 220 | 213 |
Research & Development | - | 66 | 90 | 57 | - |
Amortization of Goodwill & Intangibles | 1,377 | 1,283 | 1,173 | 1,063 | 982 |
Operating Expenses | 5,238 | 5,323 | 5,226 | 5,000 | 4,822 |
Operating Income | 5,522 | 5,614 | 5,607 | 5,527 | 5,264 |
Interest Expense | -1,775 | -1,713 | -1,475 | -1,146 | -1,082 |
Interest & Investment Income | - | 123 | 67 | 22 | - |
Earnings From Equity Investments | - | -237 | -553 | -61 | -95 |
Other Non Operating Income (Expenses) | 287 | -210 | -70 | -55 | 338 |
EBT Excluding Unusual Items | 4,034 | 3,577 | 3,576 | 4,287 | 4,425 |
Merger & Restructuring Charges | -517 | -454 | -200 | -94 | -209 |
Gain (Loss) on Sale of Investments | 5,217 | 57 | 80 | 24 | -6 |
Asset Writedown | -1,027 | -2,228 | -132 | -306 | -221 |
Other Unusual Items | - | - | -1 | -18 | -53 |
Pretax Income | 7,707 | 952 | 3,323 | 3,893 | 3,936 |
Income Tax Expense | 1,193 | 577 | 996 | 967 | 1,044 |
Earnings From Continuing Operations | 6,514 | 375 | 2,327 | 2,926 | 2,892 |
Net Income to Company | 6,514 | 375 | 2,327 | 2,926 | 2,892 |
Minority Interest in Earnings | -54 | -31 | -64 | -58 | -52 |
Net Income | 6,460 | 344 | 2,263 | 2,868 | 2,840 |
Preferred Dividends & Other Adjustments | 155 | 181 | 187 | 152 | 131 |
Net Income to Common | 6,305 | 163 | 2,076 | 2,716 | 2,709 |
Net Income Growth | 1777.91% | -84.80% | -21.09% | 0.99% | 7.82% |
Shares Outstanding (Basic) | 929 | 912 | 912 | 912 | 906 |
Shares Outstanding (Diluted) | 929 | 912 | 912 | 912 | 907 |
Shares Change (YoY) | 1.84% | 0.01% | 0.02% | 0.58% | 0.25% |
EPS (Basic) | 6.79 | 0.18 | 2.28 | 2.98 | 2.99 |
EPS (Diluted) | 6.79 | 0.18 | 2.28 | 2.98 | 2.99 |
EPS Growth | 3698.16% | -92.15% | -23.62% | -0.31% | 8.30% |
Free Cash Flow | 3,293 | 3,091 | 3,365 | 3,232 | 3,156 |
Free Cash Flow Per Share | 3.54 | 3.39 | 3.69 | 3.54 | 3.48 |
Dividend Per Share | 2.310 | 3.990 | 3.870 | 3.680 | 3.500 |
Dividend Growth | -42.10% | 3.10% | 5.16% | 5.14% | 5.10% |
Gross Margin | 43.98% | 44.81% | 43.91% | 43.55% | 43.01% |
Operating Margin | 22.57% | 23.00% | 22.73% | 22.86% | 22.45% |
Profit Margin | 25.77% | 0.67% | 8.41% | 11.24% | 11.55% |
Free Cash Flow Margin | 13.46% | 12.66% | 13.64% | 13.37% | 13.46% |
EBITDA | 10,760 | 8,665 | 8,703 | 8,615 | 8,328 |
EBITDA Margin | 43.98% | 35.50% | 35.27% | 35.64% | 35.52% |
D&A For EBITDA | 5,238 | 3,051 | 3,096 | 3,088 | 3,064 |
EBIT | 5,522 | 5,614 | 5,607 | 5,527 | 5,264 |
EBIT Margin | 22.57% | 23.00% | 22.73% | 22.86% | 22.45% |
Effective Tax Rate | 15.48% | 60.61% | 29.97% | 24.84% | 26.52% |
Revenue as Reported | 24,468 | - | - | - | - |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.