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	Dec '25 Dec 31, 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	4,863	4,708	4,283	4,011	3,371	2,982
Revenue Growth (YoY)	6.67%	9.93%	6.79%	18.96%	13.06%	-17.70%
Cost of Revenue	3,482	3,408	3,128	2,927	2,416	2,217
Gross Profit	1,381	1,300	1,155	1,084	955.5	765
Selling, General & Admin	633.5	565.4	535	501.5	489.1	398.9
Research & Development	121.1	123.2	149.8	129	120.8	104.7
Other Operating Expenses	-98.9	-117.7	87.1	-13	61.4	213
Total Operating Expenses	655.7	570.9	771.9	617.5	671.3	716.6
Operating Income	724.8	729.2	-185.4	466	284.2	48.4
Interest Expense	-222.1	-215.5	-205	-173.6	-130.6	-135.6
Total Non-Operating Income (Expense)	-222.1	-215.5	-205	-173.6	-130.6	-135.6
Pretax Income	502.7	513.7	-390.4	292.4	153.6	-87.2
Provision for Income Taxes	116.1	98.7	-72.8	62.6	3.6	-39.7
Net Income	375.9	405.3	-304	222.7	141.7	-47.2
Minority Interest in Earnings	10.7	9.7	7.7	9.2	8.3	-0.3
Earnings From Discontinued Operations	-	-	21.3	2.1	-	-
Net Income to Common	375.9	405.3	-304	222.7	141.7	-47.2
Net Income Growth	-	-	-	57.16%	-	-
Shares Outstanding (Basic)	321	319	318	318	311	272
Shares Outstanding (Diluted)	322	320	318	318	313	272
Shares Change (YoY)	0.88%	0.48%	-0.07%	1.76%	15.03%	1.65%
EPS (Basic)	1.18	1.27	-1.02	0.69	0.46	-0.17
EPS (Diluted)	1.18	1.27	-1.02	0.69	0.45	-0.17
EPS Growth	-	-	-	53.33%	-	-
Shares Outstanding	321.68	320.27	318.31	317.91	317.02	293.36
Free Cash Flow	574.9	540.3	237.1	109.5	146	259
Free Cash Flow Growth	6.40%	127.88%	116.53%	-25.00%	-43.63%	-1.03%
Free Cash Flow Per Share	1.79	1.69	0.75	0.34	0.47	0.95
Gross Margin	28.39%	27.62%	26.96%	27.02%	28.34%	25.65%
Operating Margin	14.91%	15.49%	-4.33%	11.62%	8.43%	1.62%
Profit Margin	7.95%	8.81%	-6.92%	5.78%	4.45%	-1.59%
FCF Margin	11.82%	11.48%	5.54%	2.73%	4.33%	8.69%
EBITDA	1,179	1,144	189.4	808.2	594.7	367.9
EBITDA Margin	24.24%	24.30%	4.42%	20.15%	17.64%	12.34%
EBIT	724.8	729.2	-185.4	466	284.2	48.4
EBIT Margin	14.91%	15.49%	-4.33%	11.62%	8.43%	1.62%
Effective Tax Rate	23.10%	19.21%	18.65%	21.41%	2.34%	45.53%

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q