CAE Inc income statement
In fiscal 2026, CAE Inc reported revenue of $3.56bn, up 5.0% on the year before, operating income of $443m (a 12.5% margin) and net income of $227m, or $0.70 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,061 | 2,201 | 2,520 | 2,723 | 2,257 | 2,690 | 3,034 | 3,177 | 3,386 | 3,557 |
| Cost of revenue | 1,443 | 1,517 | 1,802 | 1,909 | 1,678 | 1,928 | 2,215 | 2,320 | 2,451 | 2,550 |
| Gross profit | 618 | 684 | 718 | 814 | 579 | 762 | 820 | 856 | 935 | 1,007 |
| Research and development | 85 | 90 | 77 | 103 | 79 | 96 | 98 | 111 | 89 | 104 |
| Operating income | 278 | 361 | 367 | 404 | 37 | 227 | 353 | −138 | 524 | 443 |
| Interest expense | 41 | 42 | 48 | 97 | 92 | 96 | 120 | 139 | 143 | 139 |
| Income before tax | 223 | 301 | 305 | 295 | −66 | 123 | 221 | −290 | 369 | 290 |
| Income tax | 27 | 24 | 45 | 55 | −30 | 3 | 47 | −54 | 71 | 56 |
| Net income | 192 | 270 | 252 | 234 | −36 | 113 | 168 | −225 | 292 | 227 |
| Diluted EPS | — | — | — | — | — | — | — | — | $0.91 | $0.70 |
| Diluted shares (average) | 270m | 269m | 268m | 268m | 272m | 313m | 318m | 318m | 320m | 322m |
| EBITDA | — | — | 532 | 633 | 278 | 475 | 611 | 140 | 823 | 776 |
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