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
Revenue	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.

SEC Filings: 10-K · 10-Q