Teekay Corp LTD income statement

In fiscal 2025, Teekay Corp LTD reported revenue of $950m, down 22.2% on the year before, operating income of $303m (a 31.9% margin) and net income of $98.1m, or $1.13 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

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Teekay Corp LTD: income statement, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	2,096	1,976	1,981	1,830	1,994	2,450	2,329	1,880	1,728	1,275	1,146	683	1,190	1,465	1,220	950
Cost of revenue	—	—	—	—	—	—	—	154	410	402	297	315	496	474	406	317
Gross profit	—	—	—	—	—	—	—	1,727	1,319	873	849	367	695	991	815	632
General and administrative	194	174	144	141	141	133	120	106	97	70	64	74	58	58	61	55
Operating income	234	108	−150	63	427	625	384	7	164	−109	70	−185	246	532	365	303
Interest expense	136	138	168	181	209	242	283	268	254	111	89	68	39	28	8	3
Provision for credit losses	—	0	2	1	−3	0	0	—	—	—	36	—	—	—	—	—
Income before tax	−173	−372	−326	38	134	389	111	−517	−38	−307	−19	−282	211	530	402	347
Income tax	−6	4	−14	3	10	−17	24	12	20	18	6	−5	1	12	0	−5
Net income	−267	−359	−160	−115	−55	82	−123	−163	−79	−311	−83	8	78	151	134	98
Diluted EPS	−$3.67	−$5.11	−$2.31	−$1.63	−$0.76	$1.12	−$1.62	−$1.89	−$0.79	−$3.08	−$0.82	$0.08	$0.76	$1.54	$1.42	$1.13
Diluted shares (average)	73m	70m	69m	70m	72m	73m	79m	86m	100m	101m	101m	102m	104m	97m	93m	87m
EBITDA	675	537	306	494	850	1,135	956	493	441	45	202	−79	345	629	459	389

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Teekay Corp LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Teekay Corp LTD.