Constellation Software Inc. (TSX:CSU)

Constellation Software Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	11,623	10,066	8,407	6,622	5,106
Revenue Growth (YoY)	15.47%	19.73%	26.96%	29.69%	28.65%
Cost of Revenue	7,255	6,451	5,461	4,299	3,227
Gross Profit	4,368	3,615	2,946	2,323	1,879
Selling, General & Admin	877	744	600	470	305
Depreciation & Amortization Expenses	1,383	1,226	1,021	819	639
Other Operating Expenses	215	182	138	154	62
Total Operating Expenses	2,475	2,152	1,759	1,443	1,006
Operating Income	1,893	1,463	1,187	880	873
Interest Expense	-297	-280	-192	-110	-68
Other Non-Operating Income (Expense)	-659	-173	-730	-47	-431
Total Non-Operating Income (Expense)	-956	-453	-922	-157	-499
Pretax Income	939	1,011	265	725	374
Provision for Income Taxes	354	244	370	403	257
Net Income	512	731	-105	322	117
Minority Interest in Earnings	74	37	-	-	-
Net Income to Common	512	731	-105	322	117
Net Income Growth	-29.96%	-	-	175.21%	-69.37%
Shares Outstanding (Basic)	21	21	21	21	21
Shares Outstanding (Diluted)	21	21	21	21	21
EPS (Basic)	24.15	34.48	26.67	24.18	14.65
EPS (Diluted)	24.15	34.48	26.67	24.18	14.65
EPS Growth	-29.96%	29.28%	10.30%	65.05%	-28.85%
Free Cash Flow	2,664	2,129	1,737	1,256	1,271
Free Cash Flow Growth	25.13%	22.57%	38.30%	-1.18%	9.47%
Free Cash Flow Per Share	125.71	100.46	81.97	59.27	59.98
Dividends Per Share	4.000	4.000	4.000	4.000	4.000
Gross Margin	37.58%	35.91%	35.04%	35.08%	36.80%
Operating Margin	16.29%	14.53%	14.12%	13.29%	17.10%
Profit Margin	5.04%	7.62%	-1.25%	4.86%	2.29%
FCF Margin	22.92%	21.15%	20.66%	18.97%	24.89%
EBITDA	3,293	2,701	2,208	1,699	1,512
EBITDA Margin	28.33%	26.83%	26.26%	25.66%	29.61%
EBIT	1,893	1,463	1,187	880	873
EBIT Margin	16.29%	14.53%	14.12%	13.29%	17.10%
Effective Tax Rate	37.70%	24.13%	139.62%	55.59%	68.72%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.