BCE Inc. (TSX:BCE)
Canada · Delayed Price · Currency is CAD 34.06
+0.07 (0.21%)
May 25, 2026, 3:30 PM EST
BCE Inc. Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
| 24,706 | 24,468 | 24,409 | 24,673 | 24,174 | 23,449 | |
Revenue Growth (YoY) | 1.55% | 0.24% | -1.07% | 2.06% | 3.09% | 2.47% |
Cost of Revenue | 13,599 | 13,446 | 13,479 | 13,840 | 13,647 | 13,363 |
Gross Profit | 11,107 | 11,022 | 10,930 | 10,833 | 10,527 | 10,086 |
Selling, General & Admin | 220 | 220 | 216 | 218 | 220 | 213 |
Research & Development | 60 | 60 | 66 | 90 | 57 | - |
Amortization of Goodwill & Intangibles | 1,419 | 1,377 | 1,283 | 1,173 | 1,063 | 982 |
Other Operating Expenses | 70 | 70 | - | - | - | - |
Operating Expenses | 5,672 | 5,588 | 5,323 | 5,226 | 5,000 | 4,822 |
Operating Income | 5,435 | 5,434 | 5,607 | 5,607 | 5,527 | 5,264 |
Interest Expense | -1,796 | -1,775 | -1,713 | -1,475 | -1,146 | -1,082 |
Interest & Investment Income | 67 | 79 | 123 | 67 | 22 | - |
Earnings From Equity Investments | 11 | 8 | -237 | -553 | -61 | -95 |
Other Non Operating Income (Expenses) | -12 | -23 | -210 | -70 | -55 | 338 |
EBT Excluding Unusual Items | 3,705 | 3,723 | 3,570 | 3,576 | 4,287 | 4,425 |
Merger & Restructuring Charges | -194 | -447 | -454 | -200 | -94 | -209 |
Impairment of Goodwill | - | - | -1,132 | - | - | - |
Gain (Loss) on Sale of Investments | 5,218 | 5,217 | 57 | 80 | 24 | -6 |
Asset Writedown | -1,039 | -1,035 | -1,089 | -132 | -306 | -221 |
Other Unusual Items | -17 | 249 | - | -1 | -18 | -53 |
Pretax Income | 7,673 | 7,707 | 952 | 3,323 | 3,893 | 3,936 |
Income Tax Expense | 1,175 | 1,193 | 577 | 996 | 967 | 1,044 |
Earnings From Continuing Operations | 6,498 | 6,514 | 375 | 2,327 | 2,926 | 2,892 |
Net Income to Company | 6,498 | 6,514 | 375 | 2,327 | 2,926 | 2,892 |
Minority Interest in Earnings | -56 | -54 | -31 | -64 | -58 | -52 |
Net Income | 6,442 | 6,460 | 344 | 2,263 | 2,868 | 2,840 |
Preferred Dividends & Other Adjustments | 151 | 155 | 181 | 187 | 152 | 131 |
Net Income to Common | 6,291 | 6,305 | 163 | 2,076 | 2,716 | 2,709 |
Net Income Growth | 1038.16% | 1777.91% | -84.80% | -21.09% | 0.99% | 7.82% |
Shares Outstanding (Basic) | 932 | 929 | 912 | 912 | 912 | 906 |
Shares Outstanding (Diluted) | 932 | 929 | 912 | 912 | 912 | 907 |
Shares Change (YoY) | 1.95% | 1.84% | 0.01% | 0.02% | 0.58% | 0.25% |
EPS (Basic) | 6.75 | 6.79 | 0.18 | 2.28 | 2.98 | 2.99 |
EPS (Diluted) | 6.75 | 6.79 | 0.18 | 2.28 | 2.98 | 2.99 |
EPS Growth | 1487.86% | 3698.16% | -92.15% | -23.62% | -0.31% | 8.30% |
Free Cash Flow | 2,759 | 3,293 | 3,091 | 3,365 | 3,232 | 3,156 |
Free Cash Flow Per Share | 2.96 | 3.54 | 3.39 | 3.69 | 3.54 | 3.48 |
Dividend Per Share | 1.750 | 2.310 | 3.990 | 3.870 | 3.680 | 3.500 |
Dividend Growth | -56.14% | -42.10% | 3.10% | 5.16% | 5.14% | 5.10% |
Gross Margin | 44.96% | 45.05% | 44.78% | 43.91% | 43.55% | 43.01% |
Operating Margin | 22.00% | 22.21% | 22.97% | 22.73% | 22.86% | 22.45% |
Profit Margin | 25.46% | 25.77% | 0.67% | 8.41% | 11.24% | 11.55% |
Free Cash Flow Margin | 11.17% | 13.46% | 12.66% | 13.64% | 13.37% | 13.46% |
EBITDA | 8,658 | 8,573 | 8,658 | 8,703 | 8,615 | 8,328 |
EBITDA Margin | 35.04% | 35.04% | 35.47% | 35.27% | 35.64% | 35.52% |
D&A For EBITDA | 3,223 | 3,139 | 3,051 | 3,096 | 3,088 | 3,064 |
EBIT | 5,435 | 5,434 | 5,607 | 5,607 | 5,527 | 5,264 |
EBIT Margin | 22.00% | 22.21% | 22.97% | 22.73% | 22.86% | 22.45% |
Effective Tax Rate | 15.31% | 15.48% | 60.61% | 29.97% | 24.84% | 26.52% |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.