CAE Inc. (CAE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | 1.33B | 1.25B | 1.24B | 1.1B | 1.28B | 1.22B | 1.14B | 1.07B | 1.13B | 1.09B | 1.05B | 1.01B | 885.36M | 969.9M | 910M | 724.68M | 763.24M | 848.7M | 814.9M | 607.85M |
| Revenue Growth % | 4.29% | 2.35% | 8.8% | 2.43% | 13.24% | 11.78% | 8.25% | 5.98% | 27.21% | 12.85% | 15.38% | 39.65% | 16% | 14.28% | 11.67% | 19.22% | 7.27% | 1.96% | 15.64% | 50.39% |
| Cost of Goods Sold | 928.09M | 889.9M | 917.3M | 790.3M | 884.7M | 883.8M | 845.5M | 793.8M | 844.8M | 791.9M | 765.3M | 726.3M | 636.33M | 693M | 673.1M | 543.84M | 546.17M | 606.2M | 587.3M | 435.19M |
| COGS % of Revenue | 69.77% | 71.07% | 74.18% | 71.94% | 69.37% | 72.24% | 74.39% | 74.01% | 75.01% | 72.35% | 72.89% | 71.77% | 71.87% | 71.45% | 73.97% | 75.05% | 71.56% | 71.43% | 72.07% | 71.6% |
| Gross Profit | 402.04M | 362.2M | 319.3M | 308.3M | 390.7M | 339.6M | 291.1M | 278.7M | 281.5M | 302.6M | 284.7M | 285.7M | 249.03M | 276.9M | 236.9M | 180.84M | 217.06M | 242.5M | 227.6M | 172.66M |
| Gross Margin % | 30.23% | 28.93% | 25.82% | 28.06% | 30.63% | 27.76% | 25.61% | 25.99% | 24.99% | 27.65% | 27.11% | 28.23% | 28.13% | 28.55% | 26.03% | 24.95% | 28.44% | 28.57% | 27.93% | 28.4% |
| Gross Profit Growth % | 2.9% | 6.65% | 9.69% | 10.62% | 38.79% | 12.23% | 2.25% | -2.45% | 13.04% | 9.28% | 20.18% | 57.99% | 14.73% | 14.19% | 4.09% | 4.74% | 15.06% | 5.94% | 19.16% | 117.74% |
| Operating Expenses | 199.71M | 166.4M | 164M | 174.5M | 150.8M | 77M | 173M | 170.1M | 814.5M | 181M | 187M | 157.4M | 127.18M | 134.8M | 130.7M | 144.27M | 142.66M | 177M | 188.4M | 104.5M |
| OpEx % of Revenue | 15.01% | 13.29% | 13.26% | 15.88% | 11.82% | 6.29% | 15.22% | 15.86% | 72.32% | 16.54% | 17.81% | 15.55% | 14.36% | 13.9% | 14.36% | 19.91% | 18.69% | 20.86% | 23.12% | 17.19% |
| Selling, General & Admin | 155.3M | 161.7M | 148.3M | 159.4M | 164.1M | 140.2M | 127.6M | 133.5M | 0 | 0 | 132.3M | 123.7M | 99.23M | 0 | 0 | 112.67M | 114.77M | 0 | 0 | 85.52M |
| SG&A % of Revenue | 11.68% | 12.91% | 11.99% | 14.51% | 12.87% | 11.46% | 11.23% | 12.45% | - | - | 12.6% | 12.22% | 11.21% | - | - | 15.55% | 15.04% | - | - | 14.07% |
| Research & Development | 44.41M | 26M | 37M | 36.7M | 21.4M | 28.7M | 37.2M | 35.9M | 85.4M | 38.1M | 33.3M | 36.7M | 27.95M | 27.1M | 23.4M | 31.6M | 27.89M | 31.7M | 30.7M | 18.98M |
| R&D % of Revenue | 3.34% | 2.08% | 2.99% | 3.34% | 1.68% | 2.35% | 3.27% | 3.35% | 7.58% | 3.48% | 3.17% | 3.63% | 3.16% | 2.79% | 2.57% | 4.36% | 3.65% | 3.74% | 3.77% | 3.12% |
| Other Operating Expenses | 0 | -1000K | -1000K | -1000K | -1000K | -1000K | 1000K | 700K | 1000K | 1000K | 1000K | -1000K | 0 | 1000K | 1000K | 0 | 0 | 1000K | 1000K | 0 |
| Operating Income | 202.32M | 195.8M | 155.3M | 133.8M | 239.9M | 262.6M | 118.1M | 108.6M | -533M | 121.6M | 97.7M | 128.3M | 121.85M | 142.1M | 106.2M | 36.57M | 74.41M | 65.5M | 39.2M | 68.16M |
| Operating Margin % | 15.21% | 15.64% | 12.56% | 12.18% | 18.81% | 21.46% | 10.39% | 10.13% | -47.32% | 11.11% | 9.3% | 12.68% | 13.76% | 14.65% | 11.67% | 5.05% | 9.75% | 7.72% | 4.81% | 11.21% |
| Operating Income Growth % | -15.66% | -25.44% | 31.5% | 23.2% | 145.01% | 115.95% | 20.88% | -15.35% | -537.41% | -14.43% | -8% | 250.82% | 63.77% | 116.95% | 170.92% | -46.34% | -9.3% | -20.99% | 39.01% | 1647.19% |
| EBITDA | 319.52M | 311.3M | 269.3M | 247.5M | 350.4M | 368.9M | 218.2M | 206.4M | -495.8M | 216.8M | 188.9M | 220.5M | 186.33M | 230.4M | 188.1M | 100.71M | 139.06M | 145.4M | 117.8M | 125.58M |
| EBITDA Margin % | 24.02% | 24.86% | 21.78% | 22.53% | 27.47% | 30.15% | 19.2% | 19.24% | -44.02% | 19.81% | 17.99% | 21.79% | 21.05% | 23.76% | 20.67% | 13.9% | 18.22% | 17.13% | 14.46% | 20.66% |
| EBITDA Growth % | -8.81% | -15.61% | 23.42% | 19.91% | 170.67% | 70.16% | 15.51% | -6.39% | -366.09% | -5.9% | 0.43% | 118.95% | 33.99% | 58.46% | 59.68% | -19.8% | -3.76% | -10.3% | 12.84% | 114.87% |
| D&A (Non-Cash Add-back) | 117.2M | 115.5M | 114M | 113.7M | 110.5M | 106.3M | 100.1M | 97.8M | 37.2M | 95.2M | 91.2M | 92.2M | 64.48M | 88.3M | 81.9M | 64.14M | 64.66M | 79.9M | 78.6M | 57.42M |
| EBIT | 202.32M | 195.8M | 98.4M | 127.5M | 235M | 256.6M | 118.1M | 103.2M | 103.3M | 123.1M | 97.7M | 119.1M | 119.63M | 126.7M | 115.1M | 23.37M | 63.46M | 97.1M | 77.3M | 65.17M |
| Net Interest Income | -46.62M | -54.1M | -56.9M | -45M | -48.2M | -39.19M | -52.9M | -40.7M | -38.31M | -52.4M | -47.1M | -39.83M | -36.67M | -34.6M | -41.3M | -27.49M | -26.4M | -34.5M | -35M | -22.05M |
| Interest Income | 6.22M | 0 | 0 | 3.3M | 3.4M | 3.61M | 0 | 3.4M | 3.62M | 0 | 0 | 3.02M | 2.66M | 2.88M | 0 | 2.25M | 0 | 0 | 0 | 3.31M |
| Interest Expense | 52.84M | 54.1M | 56.9M | 48.3M | 51.6M | 42.81M | 52.9M | 44.1M | 41.93M | 52.4M | 47.1M | 42.85M | 39.34M | 37.48M | 41.3M | 29.74M | 26.4M | 34.5M | 35M | 25.36M |
| Other Income/Expense | -121.21M | -54.1M | -56.9M | -54.6M | -56.5M | -56.6M | -52.9M | -49.5M | -52.4M | -52.4M | -47.1M | -53.1M | -27.28M | -47.7M | -44.1M | -34.09M | -25.81M | -34.5M | -35M | -21.64M |
| Pretax Income | 81.11M | 141.7M | 98.4M | 79.2M | 183.4M | 206M | 65.2M | 59.1M | -585.4M | 69.2M | 50.6M | 75.2M | 94.57M | 94.4M | 62.1M | 2.48M | 48.59M | 31M | 4.2M | 46.52M |
| Pretax Margin % | 6.1% | 11.32% | 7.96% | 7.21% | 14.38% | 16.84% | 5.74% | 5.51% | -51.98% | 6.32% | 4.82% | 7.43% | 10.68% | 9.73% | 6.82% | 0.34% | 6.37% | 3.65% | 0.52% | 7.65% |
| Income Tax | 6.62M | 29.6M | 22.3M | 19M | 45.2M | 34.8M | 10.4M | 8.3M | -80.6M | 8.2M | -8.3M | 7.9M | 22.77M | 16.5M | 15.8M | -388.24K | 2.96M | 2.6M | -13M | 8.32M |
| Effective Tax Rate % | 8.16% | 20.89% | 22.66% | 23.99% | 24.65% | 16.89% | 15.95% | 14.04% | 13.77% | 11.85% | -16.4% | 10.51% | 24.08% | 17.48% | 25.44% | -15.62% | 6.09% | 8.39% | -309.52% | 17.88% |
| Net Income | 73.29M | 108.9M | 73.9M | 57.2M | 135.9M | 168.6M | 52.5M | 48.3M | -484.2M | 56.5M | 58.4M | 65.3M | 72.76M | 78.1M | 44.5M | 1.32M | 44.04M | 26.2M | 14M | 37.47M |
| Net Margin % | 5.51% | 8.7% | 5.98% | 5.21% | 10.66% | 13.78% | 4.62% | 4.5% | -42.99% | 5.16% | 5.56% | 6.45% | 8.22% | 8.05% | 4.89% | 0.18% | 5.77% | 3.09% | 1.72% | 6.16% |
| Net Income Growth % | -46.07% | -35.41% | 40.76% | 18.43% | 128.07% | 198.41% | -10.1% | -26.03% | -765.5% | -27.66% | 31.24% | 4846.97% | 65.22% | 198.09% | 217.86% | -96.48% | 179.53% | -46.31% | 369.23% | 146.14% |
| Net Income (Continuing) | 74.49M | 112.1M | 76.1M | 60.2M | 138.2M | 171.2M | 54.8M | 50.8M | -504.8M | 61M | 58.9M | 67.3M | 71.8M | 77.9M | 46.3M | 2.87M | 45.63M | 28.4M | 17.2M | 38.2M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | -1000K | 1000K | 500K | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 83.52M | 82.3M | 81.3M | 83.3M | 84.5M | 85.4M | 82M | 80.7M | 77.7M | 79.5M | 83M | 62.16M | 81.2M | 81.4M | 57.23M | 58M | 76.9M | 60.09M | 58.48M | 70.3M |
| EPS (Diluted) | 0.22 | 0.34 | 0.23 | 0.18 | 0.42 | 0.53 | 0.17 | 0.15 | -1.57 | 0.18 | 0.18 | 0.01 | 0.31 | 0.25 | 0.14 | 0.01 | 0.17 | 0.08 | 0.04 | 0.16 |
| EPS Growth % | -47.62% | -35.85% | 35.29% | 20% | 126.75% | 194.44% | -5.56% | 1193.1% | -606.45% | -28% | 28.57% | - | 82.35% | 212.5% | 250% | -96.69% | 142.86% | -55.56% | 304.08% | 138.1% |
| EPS (Basic) | 0.22 | 0.34 | 0.23 | 0.18 | 0.42 | 0.53 | 0.16 | 0.15 | -1.57 | 0.18 | 0.18 | 0.01 | 0.31 | 0.25 | 0.14 | 0.01 | 0.17 | 0.08 | 0.04 | 0.16 |
| Diluted Shares Outstanding | 323.2M | 322.7M | 321.3M | 321.12M | 321.1M | 319.82M | 319.06M | 318.8M | 318.3M | 319.08M | 319.17M | 318.81M | 317.91M | 318.3M | 317.86M | 318.2M | 323.75M | 327.5M | 350M | 295.79M |
| Basic Shares Outstanding | 321.8M | 320.29M | 321.3M | 320.37M | 320M | 319.02M | 328.13M | 322M | 318.3M | 318.28M | 318.19M | 317.99M | 317.91M | 317.85M | 317.81M | 317.67M | 316.21M | 316.9M | 350M | 293.6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |