CAE Inc. Income Statement

Financials in millions CAD. Fiscal year is April - March.

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	4,834	4,708	4,283	4,011	3,371	2,982
Revenue Growth (YoY)	9.12%	9.93%	6.79%	18.96%	13.06%	-17.70%
Cost of Revenue	3,476	3,408	3,128	2,927	2,416	2,217
Gross Profit	1,358	1,300	1,155	1,084	955.5	765
Selling, General & Admin	579.1	546.5	535	504.8	494.4	405.4
Research & Development	123.8	123.2	149.8	129	120.8	104.7
Other Operating Expenses	-7.3	-5.5	-0.2	-12.4	-0.9	18.1
Operating Expenses	695.6	664.2	684.6	621.4	614.3	528.2
Operating Income	662.3	635.9	469.9	462.1	341.2	236.8
Interest Expense	-198.4	-193.9	-180.2	-151.3	-113	-118.7
Interest & Investment Income	12.6	13.8	11	10.3	9.1	10.6
Earnings From Equity Investments	81.8	88.3	72.2	53.2	48.5	2.7
Currency Exchange Gain (Loss)	1.4	1.4	2.4	12.6	0.9	17.2
Other Non Operating Income (Expenses)	-38.8	-35.4	-35.8	-29.3	-21.4	-21
EBT Excluding Unusual Items	520.9	510.1	339.5	357.6	265.3	127.6
Merger & Restructuring Charges	-	-56.5	-131.4	-62.6	-146.9	-124
Impairment of Goodwill	-	-	-568	-	-	-
Gain (Loss) on Sale of Investments	72.6	72.6	-	-	-	-
Gain (Loss) on Sale of Assets	6.4	6.4	-	-	-	-
Asset Writedown	-	-	-35.7	-	-	-103.5
Other Unusual Items	-32.9	-18.9	5.2	-2.6	35.2	12.7
Pretax Income	567	513.7	-390.4	292.4	153.6	-87.2
Income Tax Expense	121.3	98.7	-72.8	62.6	3.6	-39.7
Earnings From Continuing Operations	445.7	415	-317.6	229.8	150	-47.5
Earnings From Discontinued Operations	-	-	21.3	2.1	-	-
Net Income to Company	445.7	415	-296.3	231.9	150	-47.5
Minority Interest in Earnings	-10.1	-9.7	-7.7	-9.2	-8.3	0.3
Net Income	435.6	405.3	-304	222.7	141.7	-47.2
Net Income to Common	435.6	405.3	-304	222.7	141.7	-47.2
Net Income Growth	-	-	-	57.16%	-	-
Shares Outstanding (Basic)	320	319	318	318	311	272
Shares Outstanding (Diluted)	321	320	318	318	313	272
Shares Change (YoY)	0.82%	0.48%	-0.07%	1.76%	15.03%	1.65%
EPS (Basic)	1.36	1.27	-0.96	0.70	0.46	-0.17
EPS (Diluted)	1.36	1.27	-0.96	0.70	0.45	-0.17
EPS Growth	-	-	-	54.80%	-	-
Free Cash Flow	544.9	540.3	237.1	109.5	146	259
Free Cash Flow Per Share	1.70	1.69	0.74	0.34	0.47	0.95
Gross Margin	28.09%	27.62%	26.96%	27.02%	28.34%	25.66%
Operating Margin	13.70%	13.51%	10.97%	11.52%	10.12%	7.94%
Profit Margin	9.01%	8.61%	-7.10%	5.55%	4.20%	-1.58%
Free Cash Flow Margin	11.27%	11.48%	5.54%	2.73%	4.33%	8.69%
EBITDA	971.9	915.7	785.7	693.6	552.3	446.9
EBITDA Margin	20.11%	19.45%	18.34%	17.29%	16.38%	14.99%
D&A For EBITDA	309.6	279.8	315.8	231.5	211.1	210.1
EBIT	662.3	635.9	469.9	462.1	341.2	236.8
EBIT Margin	13.70%	13.51%	10.97%	11.52%	10.12%	7.94%
Effective Tax Rate	21.39%	19.21%	-	21.41%	2.34%	-

Updated Nov 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q